National Business

An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.

EDMONTON — CWB Financial Group is raising its dividend as it reports its second-quarter common shareholders' net income rose three per cent compared with a year ago.

TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea.

TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy, though each pointed to somewhat different strategies in preparing for a potential recession.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,532.18, up 148.43 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.8 per cent, to $23.11 on 23.

OTTAWA — Smaller internet service providers (ISPs) are cautiously optimistic about the new telecom policy directives unveiled by the federal government Thursday that are aimed at the Canadian Radio-television and Telecommunications Commission.

TORONTO — Canada's main stock index increased for a fifth-straight day to a near three-week high on a broad rally that also swept U.S. markets higher.

CALGARY — Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural gas facility in the U.S., part of the Canadian company's push to grow its LNG business as global demand soars.

Pressure sales tactics. Ill-fitted suggestions. Misleading information.

Canadian retail sales were flat in March as a slump in new car sales offset healthy consumer spending gains elsewhere, Statistics Canada reported Thursday. Total retail sales in Canada hit $60.