National Business

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked lower in the second quarter. The agency says household credit market debt as a proportion of household disposable income fell to 175.

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000 for the week of Sept.

When Monisha Sharma looked into swim lessons for her daughter, she decided to take an unconventional route to save costs.

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

TORONTO — Canaccord Genuity Group Inc. has signed a deal to buy wealth management business Brooks Macdonald Asset Management (International) Ltd.

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000 for the week of Sept.

TORONTO — Royal Bank of Canada says Katherine Gibson will take over the role of chief financial officer permanently, effective immediately.

CAPE CANAVERAL, Fla. (AP) — A billionaire stepped out for the first private spacewalk Thursday, teaming up with SpaceX on the daring endeavor hundreds of miles above Earth.

Norfolk Southern said Wednesday it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.