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Stock market today: Wall Street slumps after Fed warns rates may stay higher through 2024

Stock market today: Wall Street slumps after Fed warns rates may stay higher through 2024

NEW YORK (AP) — U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 0.9% Wednesday.
Union's tentative deal with Ford likely to include 'significant' wage gains: expert

Union's tentative deal with Ford likely to include 'significant' wage gains: expert

TORONTO — The union representing workers at Ford Motor Co. facilities in Canada says its tentative deal with the company includes "transformative" gains, with one observer suggesting significant wage increases are likely.
Canada Post breaking law by gathering info from envelopes, parcels: privacy watchdog

Canada Post breaking law by gathering info from envelopes, parcels: privacy watchdog

OTTAWA — The federal privacy watchdog says Canada Post is breaking the law by gleaning information from the outsides of envelopes and packages to help build marketing lists that it rents to businesses.
BoC watching its words to avoid spurring rate cut speculation, summary reveals

BoC watching its words to avoid spurring rate cut speculation, summary reveals

OTTAWA — The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.
A small venture capital player becomes a symbol in the fight over corporate diversity policies

A small venture capital player becomes a symbol in the fight over corporate diversity policies

NEW YORK (AP) — A venture capital firm that has backed buzzy new companies like restaurant chain Slutty Vegan and beauty brand Live Tinted has become symbolic of the fight over corporate diversity policies since becoming a target of a lawsuit over a
Financial uncertainty new normal for many Canadians, RBC survey shows

Financial uncertainty new normal for many Canadians, RBC survey shows

TORONTO — A new RBC survey suggests financial uncertainty has become the new normal for many Canadians as inflation eats into their savings and hampers their future financial security.
UK inflation fell unexpectedly in August. That makes it unclear what the Bank of England will do

UK inflation fell unexpectedly in August. That makes it unclear what the Bank of England will do

LONDON (AP) — Inflation across the U.K.
CPP Investments promotes Manroop Jhooty to head of total fund management

CPP Investments promotes Manroop Jhooty to head of total fund management

TORONTO — The Canada Pension Plan Investment Board has promoted Manroop Jhooty to senior managing director and head of total fund management.
Corporate ethics czar investigating Levi Strauss over alleged links to forced labour

Corporate ethics czar investigating Levi Strauss over alleged links to forced labour

OTTAWA — Canada's corporate ethics watchdog has launched an investigation into allegations that Levi Strauss Canada is working with companies that use forced labour in China.
India asks citizens to be careful if traveling to Canada as rift widens over Sikh leader’s death

India asks citizens to be careful if traveling to Canada as rift widens over Sikh leader’s death

NEW DELHI (AP) — India on Wednesday advised its citizens to be careful when traveling to Canada as a rift between the two nations widens further in the wake of Ottawa’s allegations that India may have been involved in the killing of a Sikh separatist
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