Skip to content
Join our Newsletter

National Business

Stock market today: Wall Street's rally fades after Tesla and Netflix fall

Stock market today: Wall Street's rally fades after Tesla and Netflix fall

NEW YORK (AP) — Drops for Tesla, Netflix and other big tech-oriented stocks are clamping the brakes on Wall Street’s torrid rally. The S&P 500 fell 0.
Consumer spending to soften in second half of 2023 as higher rates bite: experts

Consumer spending to soften in second half of 2023 as higher rates bite: experts

Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
Budget watchdog reviewing underused housing tax again as U.S. critics push for relief

Budget watchdog reviewing underused housing tax again as U.S. critics push for relief

WASHINGTON — Canada's budget watchdog is taking a second look at Ottawa's new tax on underused housing that critics hope will lead to a last-minute reprieve for U.S. cottage owners.
Feds slow down timeline for faster Toronto-Quebec City railway

Feds slow down timeline for faster Toronto-Quebec City railway

MONTREAL — The federal government has slowed the timeline on a faster passenger railway set to stretch from Toronto to Quebec City.
Home sales in June fell to the slowest pace since January with near-historic low inventory for sale

Home sales in June fell to the slowest pace since January with near-historic low inventory for sale

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines.
Tens of thousands of Canadian moviegoers bought 'Barbenheimer' tickets: Cineplex

Tens of thousands of Canadian moviegoers bought 'Barbenheimer' tickets: Cineplex

Cineplex says the "Barbenheimer" phenomenon is taking hold in Canada, with nearly 345,000 advance tickets purchased for two of the biggest Hollywood movie releases of the year.
RFK Jr. defends himself against complaints of racist and antisemitic online misinformation

RFK Jr. defends himself against complaints of racist and antisemitic online misinformation

WASHINGTON (AP) — Robert F. Kennedy Jr.
Magna investing US$790 million on Ford electric truck supplier plants in Tennessee

Magna investing US$790 million on Ford electric truck supplier plants in Tennessee

TORONTO — Magna International is investing more than US$790 million in the U.S. to build parts plants that will support Ford electric pickup truck production. The Aurora, Ont., auto-parts giant says it will build two facilities in Stanton, Tenn.
'Pink is life': Demand for all things Barbie spikes ahead of movie debut

'Pink is life': Demand for all things Barbie spikes ahead of movie debut

TORONTO — Few people were more excited than Natasha Philpott when Mattel revealed it had given its blessing for its most prized brand, Barbie, to get the Hollywood treatment almost 65 years after it was born.
How to enjoy the freedom of the RV lifestyle, without breaking the bank

How to enjoy the freedom of the RV lifestyle, without breaking the bank

The name that Nikki and Steve Ferreira have given to their 44-foot, fifth wheel RV is something of an inside joke. That's because, when Steve made a spur-of-the-moment suggestion back in 2020 that the Burlington, Ont.