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Credit Suisse deal averted crisis, Swiss central bank says
GENEVA (AP) — The Swiss central bank hiked its key interest rate Thursday and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.
Mar 23, 2023 6:59 AM
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US jobless claims inch down as labor market remains tight
The labor market continues to defy Federal Reserve attempts to cool hiring, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels. Jobless claims in the U.S.
Mar 23, 2023 6:53 AM
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UK central bank hikes rates like Fed amid financial turmoil
LONDON (AP) — The Bank of England focused on fighting inflation, announcing an 11th consecutive interest rate increase Thursday despite concerns about the economic fallout from troubles in the global financial system .
Mar 23, 2023 6:29 AM
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Asian shares decline after Fed hints rate hikes may end soon
TOKYO (AP) — Asian shares were mostly lower Thursday after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching hikes to interest rates.
Mar 22, 2023 10:12 PM
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Saskatchewan budget projects $1B surplus, more money for health care
REGINA — The Saskatchewan government projected a $1-billion surplus in its budget Wednesday, with no new taxes and millions in new spending.
Mar 22, 2023 6:38 PM
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Activist investor wants Parkland to sell or spin off Burnaby refinery
CALGARY — A U.S. activist investor has set its sights on Calgary-based Parkland Corp., urging the fuel retailer to consider selling or spinning off its Burnaby, B.C., refinery.
Mar 22, 2023 5:29 PM
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Fed raises key rate by quarter-point despite bank turmoil
WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking
Mar 22, 2023 4:51 PM
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Lynx Air announces summer service between Toronto and Kelowna, Hamilton and Vancouver
CALGARY — Budget airline Lynx Air announced it's launching two new routes for the summer, one from Hamilton to Vancouver and one from Toronto to Kelowna, B.C.
Mar 22, 2023 3:54 PM
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Field Trip Health & Wellness enters creditor protection, lays off staff
TORONTO — Field Trip Health & Wellness Ltd. says it has entered creditor protection and is exploring a sale of its business.
Mar 22, 2023 3:53 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,532.78, down 122.14): Crescent Point Energy Corp. (TSX:CPG). Energy. Up 28 cents, or 3.18 per cent, to $9.08 on 11.
Mar 22, 2023 3:45 PM
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