National Business

NEW YORK (AP) — Wall Street drifted to a higher close but still marked its first losing week in the last 10.

Insolvencies in November were 5.1 per cent higher than in October, and 24.4 per cent higher than a year earlier.

OTTAWA — Job growth stalled in December as the total number of jobs in Canada was virtually unchanged for the month and the unemployment rate held steady at 5.8 per cent for the final month of the year.

WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.

ROME (AP) — Global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022 , when Russia’s war in Ukraine, drought and other factors helped worsen hunger worldwide, the U.N.

CALGARY — At Cypress Mountain ski resort, director of operations Jeremy Wentzel has been eagerly waiting for a chance to fire up the snow guns.

CALGARY — Precision Drilling Corp. says its long-term debt reduction target is on track and it met its 2023 goal by shedding $152 million of debt.

OTTAWA — The national unemployment rate was 5.8 per cent in December. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.8 per cent in December. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.7 per cent (10.0) _ Prince Edward Island 8.

OTTAWA — A quick look at Canada's December employment (numbers from the previous month in brackets): Unemployment rate: 5.8 per cent (5.8) Employment rate: 61.6 per cent (61.8) Participation rate: 65.4 per cent (65.