National Business

WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.

WASHINGTON — It's become a reliably consistent sideshow in U.S. congressional politics: Democrats and Republicans battling over a self-imposed limit on federal borrowing, a feud that often leads to standoffs and protracted government shutdowns.

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.

SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle c

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,457.46, up 67.13): Toronto-Dominion Bank (TSX:TD). Financials. Up 85 cents, or 0.95 per cent, to $89.95 on 10.5 million shares.

EDMONTON — The federal government delivered nearly $10 million Tuesday to support Alberta's growing hydrogen industry as the province continues to accuse Ottawa of wanting to shut down jobs in its energy sector.

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.