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S&P/TSX composite index rises despite oil price weakness, U.S. markets also up

S&P/TSX composite index rises despite oil price weakness, U.S. markets also up

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.
Stocks end higher after Fed meeting minutes, strong job data

Stocks end higher after Fed meeting minutes, strong job data

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.
Vancouver market takes 'wait and see' approach as Dec. sales fall 52% from year ago

Vancouver market takes 'wait and see' approach as Dec. sales fall 52% from year ago

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.
EU urges pre-flight COVID-19 tests on passengers from China

EU urges pre-flight COVID-19 tests on passengers from China

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
Fed minutes: Officials cited strong hiring to justify hikes

Fed minutes: Officials cited strong hiring to justify hikes

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 to seek new job in 2023 in hunt for better pay, perks: poll

Half of Canadian workers to seek new job in 2023 in hunt for better pay, perks: poll

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.
Atco acquires Triple M Modular Housing, terms not immediately available

Atco acquires Triple M Modular Housing, terms not immediately available

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.
Feds: Lack of safeguards led to Superior refinery explosion

Feds: Lack of safeguards led to Superior refinery explosion

MADISON, Wis. (AP) — Federal regulators have determined that a lack of safeguards during a maintenance shutdown led to a 2018 explosion at an oil refinery in Superior. The U.S.
Meta fined 390M euros in latest European privacy crackdown

Meta fined 390M euros in latest European privacy crackdown

LONDON (AP) — European Union regulators on Wednesday hit Facebook parent Meta with hundreds of millions in fines for privacy violations and banned the company from forcing users in the 27-nation bloc to agree to personalized ads based on their online
US job openings fell slightly in November yet still high

US job openings fell slightly in November yet still high

WASHINGTON (AP) — U.S. job openings slipped in November but remained high suggesting businesses remain determined to add workers, a blow to the Federal Reserve's efforts to cool hiring and wage gains . There were 10.
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