National Business

NEW YORK — Stocks closed lower on Wall Street Tuesday, extending the market's losses into a holiday-shortened week. The S&P 500 fell 0.4% after bouncing between a gain of 0.5% and a loss of 1%. The Dow Jones Industrial Average fell 0.

TORONTO — Canada's main stock index closed down in a broad-based decline as encouraging economic data in the U.S. renewed fears of rate hikes only a day before Canada's central bank is set to announce its latest rate decision.

TORONTO — Indigo Books & Music Inc. says Peter Ruis has been promoted to chief executive, replacing founder Heather Reisman, as the retailer grapples with changing consumer habits after two pandemic years.

In 2019, Nick Smith graduated with $50,000 worth of debt — $30,000 in student loans and $20,000 with a student line of credit.

KYIV, Ukraine (AP) — The U.N.

LONDON (AP) — Liz Truss became U.K. prime minister on Tuesday and immediately faced up to the enormous tasks ahead of her: curbing soaring prices, boosting the economy, easing labor unrest and fixing a national health care system burdened by long waiting lists and staff shortages.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal's housing market shifted last month as sales dropped 20 per cent year-over-year and active listings rose by 37 per cent.

HARTFORD, Conn.

TORONTO — The amount of non-mortgage debt owed by Canadians is rising, boosted by new lending and higher spending linked to inflation, according to a new report by Equifax Canada.

CALGARY — Imperial Oil says it has reached a deal with a U.S.-based industrial gas company to supply low-carbon hydrogen for its proposed renewable diesel complex near Edmonton.