National Business

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, reflecting a still-robust job market despite the Federal Reserve's efforts to cool the economy and bring down decades-high inflation.

DesRosiers Automotive Consultants Inc. says light vehicle sales were up 5.5 per cent in December compared with last year but were down for the whole year.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,588.83, up 145.06): Toronto-Dominion Bank (TSX:TD). Financials. Up $1.14, or 1.30 per cent, to $88.81 on 19.9 million shares.

TORONTO — Canada's main stock index gained almost 150 points on Wednesday, buoyed by strength in the financial and technology sectors despite weakness in energy stocks, while U.S. markets also rose. The S&P/TSX composite index was up 145.

NEW YORK — Stocks ended higher on Wall Street after a day of wavering as minutes from the Federal Reserve’s last meeting of policymakers underscored how the central bank remains determined to keep rates high to crush inflation.

Greater Vancouver ended 2022 with another month of prospective homebuyers taking a "wait and see" approach, which the region's real estate board said pushed down sales by 52 per cent and prices three per cent from the year before.

BRUSSELS (AP) — The European Union on Wednesday “strongly encouraged” its member states to impose pre-departure COVID-19 testing of passengers from China, in a move that is likely to upset Beijing and has already been criticized by the global airline

WASHINGTON (AP) — Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had pre

Half of Canadian workers plan to look for a new job in 2023, a nearly twofold increase from just a year ago, according to a new poll by recruitment firm Robert Half.

CALGARY — Atco Ltd. says it has acquired Triple M Modular Housing, a manufacturer of factory-built, modular housing based in Lethbridge, Alta. Financial terms of the agreement were not immediately available.