National Business

NEW YORK (AP) — Most stocks fell on Wall Street after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 lost 0.

WASHINGTON (AP) — President Joe Biden is curtailing his upcoming trip to the Indo-Pacific, scrapping what was to be a historic stop in Papua New Guinea as well as a visit to a Australia for gathering with fellow leaders of the so-called Quad partners

OTTAWA — The first increase in annual inflation since its June 2022 peak was driven in part by higher mortgage interest costs and higher rent prices, Statistics Canada said Tuesday

OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent to $72.3 billion in March, boosted by gains in the motor vehicle, aerospace product and parts, and primary metal industries. The increase followed a drop of 3.

CALGARY — The United Conservative Party says the NDP's economic plan will kill jobs and cause people to flee Alberta.

OTTAWA — The annual pace of inflation rose in April for the first time since it peaked in June last year, a move some economists say will test the Bank of Canada's decision to pause hiking interest rates if the economy does not cool as expected later

Ottawa has appointed Mario Péloquin as the new president and CEO of Via Rail Canada Inc., effective June 12. Transport Minister Omar Alghabra says Péloquin will serve a five-year term at the helm of the Crown corporation. Péloquin replaces Martin R.

NEW YORK (AP) — Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.

When Jessica Moorhouse was graduating high school, she thought about taking a gap year before enrolling in post-secondary. Like many teenagers, she was interested in travelling before signing on for another several years of education.

OTTAWA — Canada's annual inflation rate was 4.4 per cent in April, Statistics Canada says.