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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Aug 30, 2024 6:38 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 3:25 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 3:06 AM
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Cash-strapped parents seek back-to-school deals as years of inflation take a toll
TORONTO — When August rolled around, April Hicke realized the $100 she typically gives her 13-year-old son to update his wardrobe in time for school to start was no longer enough.
Aug 30, 2024 2:00 AM
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Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill
DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.
Aug 29, 2024 7:49 PM
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B.C. revamps building code to allow single stairwells in buildings up to six storeys
VICTORIA — British Columbia is moving to allow buildings up to six storeys to have one exit stairwell instead of two in the government's latest effort to boost housing supply.
Aug 29, 2024 5:06 PM
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Calgarians fail to meet water reduction targets for third consecutive day
CALGARY — Calgarians missed the mark for the third day in a row in the latest round of water rationing, and officials say it appears many residents are ignoring the ban by continuing to water their lawns.
Aug 29, 2024 4:44 PM
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Lululemon cuts full-year outlook amid struggle with 'newness' in its womenswear
Lululemon Athletica Inc. cut its full-year outlook Thursday as its CEO admitted the company has grappled with some "missed opportunities" in its womenswear business.
Aug 29, 2024 4:18 PM
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Longshore worker unions denounce federal intervention in railway labour conflict
MONTREAL — Unions representing longshore workers at the country's major ports are promising to put pressure on the federal government if it won't commit to staying out of potential labour disputes in the sector.
Aug 29, 2024 3:30 PM
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Serbia announces $3 billion deal to buy 12 French warplanes, in a shift away from Russia
BELGRADE, Serbia (AP) — Serbian President Aleksandar Vucic on Thursday announced a $3 billion deal to buy 12 French warplanes, in a move that shifts his country away from its dependence on Russian arms.
Aug 29, 2024 3:23 PM
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