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US consumer confidence lags as 2023 gets under way

US consumer confidence lags as 2023 gets under way

American consumers are kicking off 2023 slightly less confident than they were at the end of last year as inflation and the possibility of a recession loom. The Conference Board reported Tuesday that its consumer confidence index slipped to 107.
Looking to travel this spring? Here are some cost-saving tips

Looking to travel this spring? Here are some cost-saving tips

Instead of hopping on a plane to travel, Michael Downie opts for the train. “You have your bedroom, you get three meals a day, and you just look out the window and watch the country go by. You get to experience all of it,” said Downie.
US wage growth slowed in the final quarter of 2022

US wage growth slowed in the final quarter of 2022

WASHINGTON (AP) — Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight slowdown, which could help reassure the Federal Reserve that wage gains won't fuel higher inflation .
Aimia to buy rope and net maker Tufropes for $249.6 million

Aimia to buy rope and net maker Tufropes for $249.6 million

TORONTO — Aimia Inc. says it has signed a deal to buy rope and net maker Tufropes for $249.6 million. Under the deal, Paladin Private Equity LLC will be Aimia's partner. It will have an option to acquire up to a 19.
IMF upgrades outlook for the global economy in 2023

IMF upgrades outlook for the global economy in 2023

WASHINGTON (AP) — The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against
Postmedia cuts more than 75 printing, inserting jobs in Windsor: Unifor

Postmedia cuts more than 75 printing, inserting jobs in Windsor: Unifor

WINDSOR, Ont. — Postmedia Network Corp. has cut more than 75 jobs by outsourcing the printing and insertingof the Windsor Star, according to Unifor and CWA Canada.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,572.11, down 142.37): Manulife Financial Corp. (TSX:MFC). Financials. Down four cents, or 0.15 per cent, to $26.11 on 14.
S&P/TSX composite loses almost 150 points Monday, U.S. markets down further

S&P/TSX composite loses almost 150 points Monday, U.S. markets down further

TORONTO — Canada's main stock index was down almost 150 points Monday with broad-based losses, while U.S. stock markets retreated further from last week's gains. The S&P/TSX composite index was down 142.37 points at 20,572.11.
Congressman wants Canada, U.S. to use video teleconferencing for Nexus interviews

Congressman wants Canada, U.S. to use video teleconferencing for Nexus interviews

WASHINGTON — A New York congressman wants to add some Zoom to the sluggish effort to clear a bilateral backlog of Nexus trusted-traveller applications. Rep. Brian Higgins (D-N.Y.
Wall Street falls ahead of mammoth week with Fed, earnings

Wall Street falls ahead of mammoth week with Fed, earnings

NEW YORK (AP) — Stocks closed lower on Wall Street ahead of a week full of potentially market-moving events. The S&P 500 fell 1.3% Monday as markets prepare for decisions on interest rates around the world and a slew of earnings reports.
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