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Canada’s inflation rate tumbles to 2.8%, but economists warn inflation fight not over

Canada’s inflation rate tumbles to 2.8%, but economists warn inflation fight not over

OTTAWA — Canada's inflation rate has fallen back to the country's target range for the first time in more than two years, but economists say the fight against high inflation is far from over. Annual inflation tumbled to 2.
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Divisions over the Ukraine war cause a rift at EU-LatAm summit that was supposed to be a love-in

Divisions over the Ukraine war cause a rift at EU-LatAm summit that was supposed to be a love-in

BRUSSELS (AP) — European Union and Latin American leaders concluded a summit that was supposed to be a love-in after eight years of separation, but instead ended Tuesday with aggravation over the failure to unanimously support even a bland statement
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What went up, what went down? A closer look at Canada's inflation data for June

What went up, what went down? A closer look at Canada's inflation data for June

TORONTO — Canada’s inflation rate fell to 2.8 per cent in June, down from 3.4 per cent in May, and putting it within the Bank of Canada’s target range for the first time since March 2021.
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TikTok needs to do more to comply with Europe's new digital rules, official says

TikTok needs to do more to comply with Europe's new digital rules, official says

LONDON (AP) — TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday.
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Lyon's American owner John Textor hits back after French soccer watchdog limits transfer business

Lyon's American owner John Textor hits back after French soccer watchdog limits transfer business

PARIS (AP) — Lyon owner John Textor has attacked a decision by French football’s financial watchdog to monitor the club's transfer activities this season.
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CMHC says housing starts surged in June to slightly reverse downward trend

CMHC says housing starts surged in June to slightly reverse downward trend

OTTAWA — Canada's housing agency says the annual pace of housing starts in June posted its largest month-over-month increase in a decade to slightly reverse a downward trend seen in recent months. Canada Mortgage and Housing Corp.
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Cybersecurity labeling for smart devices aims to help people choose those less vulnerable to hacking

Cybersecurity labeling for smart devices aims to help people choose those less vulnerable to hacking

WASHINGTON (AP) — The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerab
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No injuries or hazardous spills in 10-car train derailment in northern Minnesota, officials say

No injuries or hazardous spills in 10-car train derailment in northern Minnesota, officials say

COOK, Minn. (AP) — No one was injured and no hazardous material spilled when 10 Canadian National Railway cars derailed in northern Minnesota, officials there said. The derailment happened just before 8:30 p.m.
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Toronto area Metro grocery workers could strike as soon as tonight: Unifor

Toronto area Metro grocery workers could strike as soon as tonight: Unifor

TORONTO — Metro grocery store workers in the Greater Toronto Area are gearing up to strike as early as tonight, as bargaining continues between the retailer and some 3,700 employees.
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Spain fines Apple and Amazon $218 million for elbowing out small retailers

Spain fines Apple and Amazon $218 million for elbowing out small retailers

MADRID (AP) — Amazon and Apple were fined a total of 194 million euros ($218 million) Tuesday for colluding to box out competitors by favoring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said.
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