National Business

NEW YORK (AP) — Wall Street slipped on worries a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. The S&P 500 fell 0.3% Thursday, its third straight loss.

HALIFAX — A report published Thursday says the rising costs of shelter and food in Nova Scotia have contributed to a large jump over the last year in what’s considered a living wage in the province.

LAVAL, Que. — Canada appeared to be a “bright spot” for Alimentation Couche-Tard Inc. in its latest quarter as the convenience store giant battles a slew of pressures.

TORONTO — One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday.

TORONTO — A year after he took on the top job, Indigo Books & Music Inc.'s chief executive is moving on.

CALGARY — Canadian pipeline giant Enbridge Inc. and U.S.-based food waste management company Divert Inc.

MONTREAL — Via Rail is increasing service in Ontario, returning the passenger railway to levels not seen since before the COVID-19 pandemic.

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OTTAWA — The parliamentary budget officer says the federal government's proposed changes to the alternative minimum tax will generate an additional $2.6 billion in revenue over five years.

MONTREAL — BRP Inc. enjoyed a 42 per cent year-over-year jump in profits last quarter on the back of higher snowmobile and side-by-side vehicle sales — possible in part due to a smoother supply chain.