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Stock market today: Wall Street holds steady near record highs

Stock market today: Wall Street holds steady near record highs

NEW YORK (AP) — Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%.
Scotiabank, BMO prepare for near-term loan weakness and better times ahead

Scotiabank, BMO prepare for near-term loan weakness and better times ahead

TORONTO — The start of first quarter bank earnings saw Scotiabank and BMO put more money aside for loans that may go sour in the near-term, while they forecast better conditions ahead.
Identity, mortgage fraud on the rise as economic pressures mount: Equifax survey

Identity, mortgage fraud on the rise as economic pressures mount: Equifax survey

TORONTO — A new Equifax Canada survey finds people are increasingly worried about a potential rise in fraudulent activity as economic pressures build. "Any time you see financial stress or an economic downturn, inevitably ...
Toyota recalls 21,000 cars over flaws in axle raising crash concerns

Toyota recalls 21,000 cars over flaws in axle raising crash concerns

TORONTO — More than 21,000 Toyota vehicles have been recalled in Canada due to flaws in the rear axle that may cause a vehicle crash, says the auto manufacturer.
Halifax harbour transshipment facility for imported vehicles hit by strike: Unifor

Halifax harbour transshipment facility for imported vehicles hit by strike: Unifor

HALIFAX — More than 230 unionized workers in the Halifax area walked off the job Tuesday at the Autoport, one of North America’s largest transshipment facilities for imported vehicles.
BMO reports revenue and profits constrained by "challenging economic backdrop"

BMO reports revenue and profits constrained by "challenging economic backdrop"

TORONTO — BMO Financial Group cited numerous headwinds as it reported first-quarter results where revenue and earnings fell short of expectations. The bank's net income totalled $1.
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears

Consumer confidence slips in February as anxiety over potential recession surprisingly reappears

American consumers are feeling less confident this month as concerns over a possible recession grew despite most recent data pointing to a healthy U.S. economy.
A list of Canadian discount airlines that have left the skies since 2000

A list of Canadian discount airlines that have left the skies since 2000

It's not easy to make a go of it as an upstart airline in Canada.
Boundaries, communication are key for parents running the Bank of Mom and Dad

Boundaries, communication are key for parents running the Bank of Mom and Dad

TORONTO — In a world of sky-high home prices and rising cost of living, many parents are inclined to financially help their adult children.
CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CALGARY — The industry group representing Canada's oil and gas producers says capital investment in the sector will edge slightly higher in 2024.
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