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Banks lower prime rates following Bank of Canada move
TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
Dec 11, 2024 2:37 PM
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Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record
NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
Dec 11, 2024 2:04 PM
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Higher property taxes, chance of reduced snow plowing in Winnipeg budget plan
WINNIPEG — Winnipeg is eyeing the largest property tax increase in decades and considering a cut to snow plowing in an attempt to address a fiscal squeeze. The city's preliminary budget for next year proposes a 5.
Dec 11, 2024 2:02 PM
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Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say
ALTOONA, Pa. (AP) — The gun found on the suspect in the killing of United Healthcare’s CEO matched shell casings found at the site of the shooting, New York City’s police commissioner said Wednesday.
Dec 11, 2024 12:16 PM
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MadeGood recalls certain granola bars over possible metal contamination
MadeGood is warning customers to check their cupboards for granola bars that may contain a piece of metal.
Dec 11, 2024 12:12 PM
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.
Dec 11, 2024 12:03 PM
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Former TD employee charged for alleged role in money laundering
TORONTO — The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank.
Dec 11, 2024 11:53 AM
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Apple Intelligence suite of AI tools arrives in Canada
Apple has brought its suite of artificial intelligence-based tools to Canada. The offering called Apple Intelligence can help readers proofread emails, change their tone and compile lists of key points to summarize the missive.
Dec 11, 2024 10:02 AM
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Exchange Bank of Canada fined $2.46M by Fintrac for anti-money laundering failures
TORONTO — Canada's financial intelligence agency says it has imposed an administrative penalty of $2.46 million against Exchange Bank of Canada for non-compliance with money-laundering rules.
Dec 11, 2024 9:19 AM
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Roots sees 'positive momentum' in early days of shorter holiday shopping season
TORONTO — Roots Corp.'s chief financial officer says holiday shopping is in full swing but it's too early to tell whether the company's busiest sales period will be impacted by the shorter span between Black Friday and Christmas Eve.
Dec 11, 2024 7:29 AM
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