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S&P/TSX composite has worst day in three months as Fed signals big rate hike

S&P/TSX composite has worst day in three months as Fed signals big rate hike

TORONTO — Canada's main stock index slipped from early gains to post its largest daily slump in three months on fears of slowing economic growth as members of the U.S.
Stocks fall on Wall Street following Fed chief's comments

Stocks fall on Wall Street following Fed chief's comments

NEW YORK — Stocks shed early gains and closed broadly lower on Wall Street Thursday after the head of the Federal Reserve said the central bank needs to take more aggressive action to fight high inflation. The S&P 500 fell 1.
Disney self-government in peril after Florida House vote

Disney self-government in peril after Florida House vote

TALLAHASSEE, Fla. (AP) — The Florida House of Representatives on Thursday gave final passage to a bill that would dissolve Walt Disney World's private government, handing Republican Gov.
UK lawmakers OK probe into PM Boris Johnson's alleged lies

UK lawmakers OK probe into PM Boris Johnson's alleged lies

LONDON (AP) — British lawmakers on Thursday ordered a parliamentary investigation into Prime Minister Boris Johnson for allegedly lying about whether he broke coronavirus restrictions by attending illegal gatherings during the pandemic.
How to save for a down payment: navigating Canada's investment savings accounts

How to save for a down payment: navigating Canada's investment savings accounts

MONTREAL — TFSAs. RRSPs. And now FHSAs. The alphabet soup of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages — and limits.
CMHC expects home sales and price growth to remain elevated, but ease from highs

CMHC expects home sales and price growth to remain elevated, but ease from highs

OTTAWA — Canada Mortgage and Housing Corp. says it expects home sales and the pace of price growth for them will remain elevated this year, but ease from their highs of 2021.
High food costs shaping grocery shopping habits and buying patterns, Metro CEO says

High food costs shaping grocery shopping habits and buying patterns, Metro CEO says

Rapidly rising food prices in Canada are shaping grocery shopping habits and buying patterns as consumers increasingly seek out deals and favour discount retailers, the head of Metro Inc. said Thursday.
Uber to drop mask mandate in most of Canada, but still recommends wearing one

Uber to drop mask mandate in most of Canada, but still recommends wearing one

TORONTO — Uber is dropping its mask mandate for customers and drivers in most of Canada, but says they are still recommended.
Alberta Investment Management Corp. reports record 14.7 per cent return for 2021

Alberta Investment Management Corp. reports record 14.7 per cent return for 2021

EDMONTON — Alberta Investment Management Corp. says it earned a 14.7 per cent return last year to post its strongest year ever. The result easily beat the investment manager's benchmark of 8.
Macron attacks Le Pen on Russia, Muslim headscarf ban pledge

Macron attacks Le Pen on Russia, Muslim headscarf ban pledge

PARIS (AP) — French President Emmanuel Macron tore into his far-right challenger Marine Le Pen in a television debate Wednesday for her ties to Russia and for wanting to strip Muslim women of their right to cover their heads in public, as he seeks th