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Stocks fall as JPMorgan warning helps send banks lower

Stocks fall as JPMorgan warning helps send banks lower

NEW YORK (AP) — Stocks closed lower on Wall Street Thursday and banks were among the biggest weights on the market following weak earnings and a warning from JPMorgan Chase. The S&P 500 fell 0.3% and the Dow Jones Industrial Average lost 0.5%.
WestJet check-in restored after system-wide outage snarled cross-country travel

WestJet check-in restored after system-wide outage snarled cross-country travel

CALGARY — WestJet Airlines' check-in services have been restored, after a temporary system outage caused flight delays and snarled travel across Canada Thursday morning.
'Tough' 6-12 months ahead for Canadians amid inflation, rate hikes: expert

'Tough' 6-12 months ahead for Canadians amid inflation, rate hikes: expert

TORONTO — As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices won't be coming down anytime soon.
Fed board member opens door to 1-point hike if demand rises

Fed board member opens door to 1-point hike if demand rises

WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve's Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed's key short-term interest rate later this month if upcoming ec
Officials suggest pipeline company hid problems after spill

Officials suggest pipeline company hid problems after spill

BILLINGS, Mont. (AP) — U.S.
Closing employment gap for Indigenous youth key to addressing labour shortage: Study

Closing employment gap for Indigenous youth key to addressing labour shortage: Study

HALIFAX — Closing the employment gap for Indigenous youth in Atlantic Canada is key to easing the region's acute labour shortage, new research released Thursday said.
Italian Premier Mario Draghi says he will resign

Italian Premier Mario Draghi says he will resign

ROME (AP) — Italian Premier Mario Draghi has told his Cabinet he will offer his resignation on Thursday evening to the president, following the refusal of a coalition ally to support a government bill.
Statistics Canada says manufacturing sales fell 2.0 per cent to $71.6 billion in May

Statistics Canada says manufacturing sales fell 2.0 per cent to $71.6 billion in May

OTTAWA — Canadian manufacturing sales fell 2.0 per cent to $71.6 billion in May as auto production fell in the month, Statistics Canada said Thursday.
Here are some money-saving tips for a busy summer full of events

Here are some money-saving tips for a busy summer full of events

TORONTO — Shannae Ingleton Smith has a crammed calendar this summer.
Cannabis company Organigram reports $2.8M Q3 loss, gross revenue up 90%

Cannabis company Organigram reports $2.8M Q3 loss, gross revenue up 90%

MONCTON, N.B. — Organigram Holdings Inc. reported a loss of $2.8 million in its latest quarter as its gross revenue rose 90 per cent compared with a year ago. The cannabis company says the loss amounted to 0.