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US economy grew 5.7% in 2021 in rebound from 2020 recession

US economy grew 5.7% in 2021 in rebound from 2020 recession

WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession.
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US weekly jobless claims fall for the first time in a month

US weekly jobless claims fall for the first time in a month

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week following three straight increases amid a surge in cases of the omicron variant of COVID-19.
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Rogers Communications Q4 profit down from a year ago, revenue up

Rogers Communications Q4 profit down from a year ago, revenue up

TORONTO — Rogers Communications Inc. reported a fourth-quarter profit of $405 million, down from $449 million in the same quarter last year, while revenue rose.
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Global stocks sink after Fed says US rates will rise 'soon'

Global stocks sink after Fed says US rates will rise 'soon'

BEIJING (AP) — Global stock markets and Wall Street futures sank Thursday after the Federal Reserve indicated it will raise interest rates soon to cool inflation. London and Frankfurt opened lower.
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Asian stocks slump after Fed says US rates will rise 'soon'

Asian stocks slump after Fed says US rates will rise 'soon'

BEIJING (AP) — Asian stock markets tumbled by unusually wide margins Thursday after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation. Market benchmarks in Tokyo and Hong Kong fell by more than 2%.
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Fed plans to raise rates starting in March to cool inflation

Fed plans to raise rates starting in March to cool inflation

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it will begin a series of interest-rate hikes in March, reversing pandemic-era policies that have fueled hiring and growth — and stock market gains — but also stubbornly high inflation.
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Moderna begins testing omicron-matched COVID shots in adults

Moderna begins testing omicron-matched COVID shots in adults

CAMBRIDGE, Mass. — Moderna has begun testing an omicron-specific COVID-19 booster in healthy adults. The company announced Wednesday that the first participant had received a dose.
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Lawyer: Avenatti said he'd represent porn star for a dollar

Lawyer: Avenatti said he'd represent porn star for a dollar

NEW YORK (AP) — Michael Avenatti jumped at the chance to represent porn star Stormy Daniels in 2018, saying he’d do it for a dollar, another California attorney testified Wednesday at Avenatti's criminal trial.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,595.89, up 4.91 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 50 cents, or 1.4 per cent, to $35.36 on 11.9 million shares.
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S&P/TSX composite edges higher as crude oil prices rise, U.S. stock markets mixed

S&P/TSX composite edges higher as crude oil prices rise, U.S. stock markets mixed

TORONTO — Canada's main stock index gave up early gains but still posted a small increase as crude oil prices hit a more than seven-year high and the central bank kept its key interest rate in check.
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