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Stock market today: Wall Street wilts to trim its May gains as bond yields keep rising

Stock market today: Wall Street wilts to trim its May gains as bond yields keep rising

NEW YORK (AP) — U.S. stocks closed lower under the weight of higher yields in the bond market. The S&P 500 fell 0.7% Wednesday, sinking further from its record set last week. The Dow Jones Industrial Average lost 1.
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National Bank profits rise, ups dividend, boosted by stable home market

National Bank profits rise, ups dividend, boosted by stable home market

TORONTO — Quebec-focused National Bank of Canada bucked the general trend of downward profits among banks this quarter as it benefited from higher stability in its home market.
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Infant girl killed in all-terrain vehicle crash in western Nova Scotia: RCMP

Infant girl killed in all-terrain vehicle crash in western Nova Scotia: RCMP

NEW ROSS, N.S. — RCMP confirmed today that an infant girl died Monday after an all-terrain vehicle crash in western Nova Scotia.
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Residential mortgage debt hits $2.16 trillion amid slowest growth in 23 years: CMHC

Residential mortgage debt hits $2.16 trillion amid slowest growth in 23 years: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4 per cent year-over-year and representing the slowest growth in 23 years.
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An Iceland volcano starts erupting again, spewing lava into the sky

An Iceland volcano starts erupting again, spewing lava into the sky

GRINDAVIK, Iceland (AP) — A volcano in southwestern Iceland erupted Wednesday for the fifth time since December, spewing red streams of lava in the latest display of nature’s power and triggering the evacuation of the popular Blue Lagoon geothermal s
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Gildan CEO lands 84% of votes in board election, other nominees see high support

Gildan CEO lands 84% of votes in board election, other nominees see high support

MONTREAL — Gildan Activewear Inc. says just shy of 84 per cent of shareholder votes cast in its Tuesday election were in favour of the company's newly returned CEO retaking his place on the company's board.
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ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise

ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt.
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Patients who end up in ER for severe dependence on alcohol need medications: doctors

Patients who end up in ER for severe dependence on alcohol need medications: doctors

A group of Canadian and American experts is urging emergency room doctors to prescribe specific medications to help curb cravings and alleviate withdrawal from heavy use of alcohol, which leads to more hospitalizations than any other substance.
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Property controls a major barrier for grocery competition in Canada: experts

Property controls a major barrier for grocery competition in Canada: experts

As Canadian consumers have increasingly soured on the major grocers, the country's competition watchdog has turned its sights on restrictive clauses in retail leases that it says are hampering competition in the grocery sector.
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Missile attacks damage a ship in the Red Sea off Yemen's coast near previous Houthi rebel assaults

Missile attacks damage a ship in the Red Sea off Yemen's coast near previous Houthi rebel assaults

DUBAI, United Arab Emirates (AP) — Missile attacks twice damaged a Marshall Islands-flagged, Greek-owned ship Tuesday in the Red Sea off the coast of Yemen, with a private security firm saying radio traffic suggested the vessel took on water after be
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