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Slowing inflation not enough to prevent September interest rate hike, economists say

Slowing inflation not enough to prevent September interest rate hike, economists say

OTTAWA — Inflation in Canada finally appears to have peaked, but it nonetheless remains too high to dissuade the Bank of Canada from raising interest rates significantly in September, economists say. The year-over-year inflation rate slowed to 7.
Fox News gets into movies with story from romance novelist

Fox News gets into movies with story from romance novelist

DAVID BAUDER (AP) — Fox News is getting into the movies by producing its first feature film, an adaptation of “The Shell Collector” from romance novelist Nancy Naigle. The movie, which debuts Sept.
CP-KCS deal wins OK from foreign investment committee in U.S.

CP-KCS deal wins OK from foreign investment committee in U.S.

CALGARY — Canadian Pacific Railway Ltd. is one step closer to receiving the regulatory go-ahead for its acquisition of Kansas City Southern. The Calgary-based railway said Tuesday its purchase of KCS has received the required clearance from the U.S.
Hot dogs vs deli meat; rising costs shape choices at Walmart

Hot dogs vs deli meat; rising costs shape choices at Walmart

NEW YORK (AP) — With inflation hovering near levels not seen in 40 years, higher income Americans turned to Walmart to cut costs on groceries while its lower income customers swapped out deli meats for less expensive hot dogs and canned tuna.
How to protect yourself against fraudsters when travelling

How to protect yourself against fraudsters when travelling

Chloe D’Agostini was at a co-working café while living abroad when someone walked in, sat down beside her, and discretely stole her wallet from her bag.
As food inflation stays hot, here's a look at how much items cost

As food inflation stays hot, here's a look at how much items cost

OTTAWA — Canada's inflation rate fell from its near 40-year high of 8.1 per cent in June to 7.6 per cent in July, Statistics Canada said Tuesday.
Stocks edge mostly lower on Wall Street; Walmart lifts Dow

Stocks edge mostly lower on Wall Street; Walmart lifts Dow

NEW YORK (AP) — Stocks edged lower in morning trading on Wall Street Tuesday as investors cautiously reviewed mostly encouraging financial results from major retailers. The S&P 500 fell 0.2% as of 10:26 a.m. Eastern.
Kenya's Odinga says he'll challenge his close election loss

Kenya's Odinga says he'll challenge his close election loss

NAIROBI, Kenya (AP) — Kenyan opposition figure Raila Odinga said Tuesday he’ll challenge the results of the close presidential election with “all constitutional and legal options” after Deputy President William Ruto was declared the winner, bringing
Here's a list of July inflation rates for selected Canadian cities

Here's a list of July inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 7.6 per cent in July, Statistics Canada says.
Here's a list July inflation rates for Canadian provinces

Here's a list July inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 7.6 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 6.9 per cent (8.2) — Prince Edward Island: 9.