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Markets rise amid interest rate optimism while energy stocks fuel TSX gains

Markets rise amid interest rate optimism while energy stocks fuel TSX gains

TORONTO — Canada's main stock index gained more than 250 points Tuesday amid a broad-based rally led by energy stocks, while U.S. markets also rose on hopes that interest rates may have reached their peak.
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Stock market today: Wall Street rises as pressure relaxes from the bond market

Stock market today: Wall Street rises as pressure relaxes from the bond market

NEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.
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Ontario securities regulator exploring artificial intelligence use in capital markets

Ontario securities regulator exploring artificial intelligence use in capital markets

TORONTO — Ontario's securities regulator says it is evaluating the potential role it can play in overseeing and guiding responsible adoption of artificial intelligence to protect investors and the integrity of capital markets.
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North Carolina Republicans enact voting, election boards changes over Democratic governor's vetoes

North Carolina Republicans enact voting, election boards changes over Democratic governor's vetoes

RALEIGH, N.C. (AP) — North Carolina Republicans enacted vote-count restrictions and weakened the governor's ability to oversee elections and other state regulatory bodies on Tuesday by overriding Democratic Gov. Roy Cooper's vetoes.
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Canadian auto workers, GM reach tentative contract agreement less than 24 hours after strike began

Canadian auto workers, GM reach tentative contract agreement less than 24 hours after strike began

TORONTO (AP) — General Motors and the union representing Canadian auto workers have reached a tentative contract agreement that could end a strike that began early Tuesday.
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Proposed class action case filed against TD on behalf of mobile mortgage specialists

Proposed class action case filed against TD on behalf of mobile mortgage specialists

TORONTO — A proposed class action lawsuit has been filed against Toronto-Dominion Bank alleging more than 1,000 TD mobile mortgage specialists across Canada did not receive their proper vacation and holiday pay.
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CIBC names Mark Podlasly to board of directors effective Nov. 1

CIBC names Mark Podlasly to board of directors effective Nov. 1

TORONTO — CIBC says Mark Podlasly will join the bank's board of directors effective Nov. 1. Podlasly is the chief sustainability officer at the First Nations Major Projects Coalition, a collective of 144 Indigenous nations.
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Protester throws glitter at UK Labour Party leader as he makes a speech vowing national renewal

Protester throws glitter at UK Labour Party leader as he makes a speech vowing national renewal

LIVERPOOL, England (AP) — A protester has managed to evade security and disrupt a speech by British opposition Labour Party leader Keir Starmer.
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IMF outlook worsens for a 'limping' world economy. Mideast war poses new uncertainty

IMF outlook worsens for a 'limping' world economy. Mideast war poses new uncertainty

WASHINGTON — The world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war between Israel and Hamas militants , International Monet
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‘Pawns in this chess game’: Questions remain about CPA Canada split

‘Pawns in this chess game’: Questions remain about CPA Canada split

TORONTO — Chartered Professional Accountants in Quebec and Ontario are still looking for answers about how the decision for their provincial oversight bodies to split from CPA Canada was made and what it means for the future of their profession.
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