National Business

WASHINGTON (AP) — American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 102.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,873.47, up 16.71): First Quantum Minerals Ltd. (TSX:FM). Mining. Down $3.93, or 19.65 per cent, to $16.07 on 10.9 million shares.

VANCOUVER — Shares in First Quantum Minerals Ltd. continued to slide Tuesday as uncertainty clouds the fate of its Cobre Panama mine.

SASKATOON — Shares in Cameco Corp. rose more than eight per cent after it raised its revenue outlook for 2023 and reported a profit of $148 million in its latest quarter compared with a loss a year ago.

RALEIGH, N.C. (AP) — After slapping their mug inside every elevator in the state, an elected North Carolina regulator will go back to being faceless.

TORONTO — Canada's main stock index eked out a small gain on Tuesday despite weakness in metals and utilities stocks, while U.S. markets rose the day before the central bank is set to make a decision on interest rates.

Toronto-based Deloitte LLP has paid $1.59 million in fines and costs for breaching CPA Ontario's code of professional conduct, the regulatory body said.

MONTREAL — From his offices on the 34th floor of 1 Place Ville Marie, Martin Imbleau has a nearly panoramic view of Montreal.

ST. JOHN'S, N.L. — The Newfoundland and Labrador government is inching closer to balancing its books, according to a fiscal update on Tuesday.

OTTAWA — The Canadian economy may have entered a technical recession as high interest rates weigh on consumer spending, preliminary data from Statistics Canada suggests.