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S&P/TSX composite closes out trading week on winning streak
Canada's main stock index closed out the first half of the year on a buoyant note, posting triple-digit gains heading into the three-day weekend while U.S. stock markets also moved higher. The S&P/TSX composite index closed up 242.
Jun 30, 2023 3:07 PM
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Stock market today: Another rally leaves Wall Street with a 15.9% gain for first half of the year
NEW YORK (AP) — Wall Street blazed to another rally to cap a winning week, month and first half of the year after reports suggested pressure on inflation may be easing. The S&P 500 jumped 1.2% Friday to reach its highest level since April 2022.
Jun 30, 2023 2:07 PM
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Ex-Ohio GOP chair, lobbyist Matt Borges shows remorse, gets 5 years for role in $60M bribery scheme
CINCINNATI (AP) — Ohio lobbyist Matt Borges was sentenced Friday to five years in prison for his part in the largest corruption scandal in Ohio history.
Jun 30, 2023 1:47 PM
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Canaccord Genuity facing investigation into its wholesale market-making activities
TORONTO — Canaccord Genuity Group Inc. says it is facing a regulatory investigation that could result in it paying a "significant penalty.
Jun 30, 2023 12:22 PM
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The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt
WASHINGTON (AP) — A sharply divided Supreme Court on Friday effectively killed President Joe Biden’s $400 billion plan to cancel or reduce federal student loan debts for millions of Americans. “This fight is not over,” he said.
Jun 30, 2023 11:22 AM
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Businesses expect more but slowing price, wage increases: BoC survey
OTTAWA — Businesses continue to see larger-than-normal wage and price increases ahead, but those expectations are shifting closer to what they were before the pandemic, a new survey by the Bank of Canada suggests.
Jun 30, 2023 10:26 AM
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The Supreme Court rules for a designer who doesn't want to make wedding websites for gay couples
WASHINGTON (AP) — In a defeat for gay rights, the Supreme Court's conservative majority ruled on Friday that a Christian graphic artist who wants to design wedding websites can refuse to work with same-sex couples.
Jun 30, 2023 9:20 AM
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Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports
OTTAWA — Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.
Jun 30, 2023 8:02 AM
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An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
WASHINGTON (AP) — An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.
Jun 30, 2023 7:34 AM
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Executives urge Europe to rethink its world-leading AI rules
LONDON (AP) — More than 150 company executives are urging the European Union to rethink the world's most comprehensive rules for artificial intelligence , saying Friday that upcoming regulations will make it harder for companies in Europe to compete
Jun 30, 2023 6:49 AM
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