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Ontario to have $22.6B in 'excess funds' to be used on programs or debt, FAO says

Ontario to have $22.6B in 'excess funds' to be used on programs or debt, FAO says

TORONTO — Ontario's budget watchdog says a look at the province's spending plan shows there will be $22.6 billion in "excess funds" over the next few years.
US consumer price growth slowed last month as inflation shows signs of steady decline

US consumer price growth slowed last month as inflation shows signs of steady decline

WASHINGTON (AP) — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high.
The Beatles are releasing their 'final' record. AI helped make it possible

The Beatles are releasing their 'final' record. AI helped make it possible

LONDON (AP) — Artificial intelligence has been used to extract John Lennon's voice from an old demo to create “the last Beatles record,” decades after the band broke up, Paul McCartney said Tuesday.
ChatGPT transformative because it was widely accessible: Zilis

ChatGPT transformative because it was widely accessible: Zilis

TORONTO — A former OpenAI board member says it's the interactive nature of ChatGPT that has made artificial intelligence accessible to a wide audience in a meaningful way.
How to balance past debts like student loans with investments for the future

How to balance past debts like student loans with investments for the future

For Canada's post-secondary graduates, the academic stress of school is often replaced by a whole new headache:years’ worth of student loans.
Telus pauses fibre optic network rollout in parts of Alberta, blaming Huawei ban

Telus pauses fibre optic network rollout in parts of Alberta, blaming Huawei ban

Telus Corp. is blaming Ottawa's ban on China’s Huawei Technologies Inc. for pausing its fibre optic network build in the city of St.
Michael Andlauer reaches agreement to buy NHL's Ottawa Senators

Michael Andlauer reaches agreement to buy NHL's Ottawa Senators

OTTAWA, Ontario (AP) — A group led by Canadian businessman Michael Andlauer has reached an agreement to buy the NHL’s Ottawa Senators. The team announced Tuesday that Andlauer and his group will purchase 90% of the club from the Melnyk family.
How population growth is affecting everything from jobs to housing in the economy

How population growth is affecting everything from jobs to housing in the economy

OTTAWA — Rapid population growth is challenging economists' understanding of the economy as they monitor how businesses and consumers are responding to high interest rates.
Stock market today: Wall Street opens higher after cooler reading on inflation

Stock market today: Wall Street opens higher after cooler reading on inflation

NEW YORK (AP) — Stocks are opening higher after a cooler reading on inflation bolstered Wall Street’s expectations for the Federal Reserve to hold off on raising interest rates again this week. The S&P 500 was 0.
Stellantis recalling over 354,000 Jeeps worldwide; rear coil springs can detach while they're moving

Stellantis recalling over 354,000 Jeeps worldwide; rear coil springs can detach while they're moving

DETROIT (AP) — Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they're being driven. The recall covers certain 2022 and 2023 Grand Cherokee and 2021 to 2023 Grand Cherokee L SUVs.