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US slightly upgrades GDP estimate for last quarter to 6.6%

US slightly upgrades GDP estimate for last quarter to 6.6%

WASHINGTON (AP) — The U.S. economy grew at a robust 6.6% annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from the pandemic recession.
Retailers bank on robust back-to-school shopping as students return to classrooms

Retailers bank on robust back-to-school shopping as students return to classrooms

The neon rainbow playground ball is a top seller. Pop fidget pencil cases and journals sold out coast-to-coast in three weeks. Backpacks with dinosaur and mermaid prints are flying off the shelves.
US jobless claims rise by 4,000 to 353,000

US jobless claims rise by 4,000 to 353,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.
The Latest: Canada ends its evacuation flights from Kabul

The Latest: Canada ends its evacuation flights from Kabul

TORONTO — Canada has ended evacuations from Kabul’s airport, a Canadian general said Thursday, as the clock ticks down on dramatic Western efforts to help people flee the Taliban takeover ahead of a full American withdrawal.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,587.32, up 39.56 points.) Suncor Energy Inc. (TSX:SU). Energy. Down one cent, or 0.04 per cent, to $23.54 on 19.4 million shares.
TSX, U.S. markets extend positive streak as FDA approves Pfizer vaccine

TSX, U.S. markets extend positive streak as FDA approves Pfizer vaccine

TORONTO — North American equity markets rose higher Thursday, as Canada's main stock index, the Nasdaq and the S&P 500 all extended a run of fresh highs.
National Bank says no-commission trades years in the works, reports profits up in Q3

National Bank says no-commission trades years in the works, reports profits up in Q3

MONTREAL — National Bank of Canada says no-commission trading at its direct brokerage was years in the works as part of an effort to increase its client base. "This is not a brain cramp that happened this summer.
Imperial to produce renewable diesel at Strathcona refinery using locally grown crops

Imperial to produce renewable diesel at Strathcona refinery using locally grown crops

CALGARY — Imperial Oil Ltd. is planning to build a renewable diesel complex at its Strathcona refinery near Edmonton, using locally grown vegetable oils to meet growing customer demand for cleaner burning fuel products.
OnlyFans reverses explicit content ban after outcry

OnlyFans reverses explicit content ban after outcry

OnlyFans says it has suspended a plan to ban sexually explicit content following an outcry from its creators and advocates for sex workers.
RBC sees economic momentum continuing despite potential slowing from Delta variant

RBC sees economic momentum continuing despite potential slowing from Delta variant

TORONTO — RBC chief executive David McKay says that while the COVID-19 Delta variant could slow the economic recovery, it shouldn't be enough to halt the current momentum.