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Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild

Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the latest sign that overall price pressures are still moderating .
Disney Plus announces crackdown on password sharing in Canada

Disney Plus announces crackdown on password sharing in Canada

NEW YORK (AP) — Password-sharing crackdowns are becoming more and more common in the streaming world today. And Disney Plus is following suit.
Coastal GasLink pipeline project 98 per cent complete

Coastal GasLink pipeline project 98 per cent complete

CALGARY — TC Energy Corp. says its Coastal GasLink pipeline project is 98 per cent complete.
Statistics Canada reports real GDP essentially unchanged in July

Statistics Canada reports real GDP essentially unchanged in July

OTTAWA — Canadian economic growth was stuck in neutral in July as the manufacturing sector pulled back for a second consecutive month.
Feds post $1.2 billion deficit between April and July: Finance Department

Feds post $1.2 billion deficit between April and July: Finance Department

OTTAWA — The federal government posted a budgetary deficit of $1.2 billion during the first four months of its fiscal year, compared with a surplus of $6.3 billion during the same period a year earlier.
The Supreme Court will decide if state laws limiting social media platforms violate the Constitution

The Supreme Court will decide if state laws limiting social media platforms violate the Constitution

WASHINGTON (AP) — The Supreme Court agreed Friday to decide whether state laws that seek to regulate Facebook, TikTok, X and other social media platforms violate the Constitution.
Inflation drops sharply in Europe. It offers a glimmer of hope, but higher oil prices loom

Inflation drops sharply in Europe. It offers a glimmer of hope, but higher oil prices loom

FRANKFURT, Germany (AP) — Inflation that has been plaguing Europeans declined sharply in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won
BlackBerry loses US$42 million in second quarter

BlackBerry loses US$42 million in second quarter

WATERLOO, ONT. — BlackBerry Ltd. says it lost US$42 million in the second quarter of its 2024 fiscal year, compared to a loss of US$54 million in the same period last year. The Waterloo, Ont.-based tech company, which reports its earnings in U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (19,590.74, up 154.76): Toronto-Dominion Bank (The). (TSX:TD). Finance. Up 73 cents, or 0.90 per cent, to $81.96 on 11.5 million shares.
S&P/TSX composite up more than 100 points, U.S. stock markets also higher

S&P/TSX composite up more than 100 points, U.S. stock markets also higher

Canada's main stock index regained some of its recent losses as it rose more than 100 points in Thursday trading, while U.S. stock markets also moved higher. The S&P/TSX composite index was up 154.76 points at 19,590.74.