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Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.
US filings for unemployment benefits inch up slightly but remain historically low

US filings for unemployment benefits inch up slightly but remain historically low

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000 for the week of Sept.
RBC names Katherine Gibson as permanent chief financial officer

RBC names Katherine Gibson as permanent chief financial officer

TORONTO — Royal Bank of Canada says Katherine Gibson will take over the role of chief financial officer permanently, effective immediately.
Billionaire steps out of SpaceX capsule for first private spacewalk hundreds of miles above Earth

Billionaire steps out of SpaceX capsule for first private spacewalk hundreds of miles above Earth

CAPE CANAVERAL, Fla. (AP) — A billionaire stepped out for the first private spacewalk Thursday, teaming up with SpaceX on the daring endeavor hundreds of miles above Earth.
Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee

Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee

Norfolk Southern said Wednesday it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.
Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with employee

Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with employee

Norfolk Southern said Wednesday it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.
Taxi driver suspected in fatal B.C. hit-and-run has left Canada: RCMP

Taxi driver suspected in fatal B.C. hit-and-run has left Canada: RCMP

TERRACE, BRITISH COLUMBIA, CANADA — Mounties in Terrace, B.C., say they have identified the suspect in a fatal hit-and-run crash over the weekend as a driver for a local taxi company who has since left the country.
S&P/TSX composite up almost 1%, U.S. stock markets boosted by tech

S&P/TSX composite up almost 1%, U.S. stock markets boosted by tech

TORONTO — Canada's main stock index gained almost one per cent Wednesday, led by base metal, industrial and technology stocks, while U.S. markets rallied to reverse the selloff that started the day. Tech stocks helped lift Wall St.
Canadian CEOs worry about climate change 'all or most of the time': survey

Canadian CEOs worry about climate change 'all or most of the time': survey

CALGARY — The proportion of Canadian business leaders who say they are worried about climate change jumped dramatically in 2024.
Stock market today: Wall Street shakes off a morning wipeout to end higher

Stock market today: Wall Street shakes off a morning wipeout to end higher

NEW YORK (AP) — U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of highly influential Big Tech companies. The S&P 500 gained 1.1% Wednesday after erasing a morning wipeout of 1.6%.