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European Central Bank slows rate hikes but vows more ahead

European Central Bank slows rate hikes but vows more ahead

FRANKFURT, Germany (AP) — The European Central Bank slowed its record pace of interest rate increases slightly Thursday but promised that more hikes are on the way, joining the U.S.
Company reopens most of pipeline following Kansas oil spill

Company reopens most of pipeline following Kansas oil spill

TOPEKA, Kan. (AP) — The operator of a pipeline with the the largest onshore crude oil spill in nine years occurred has reopened all of it except for the stretch in Kansas and northern Oklahoma that includes the site of the rupture. Canada-based T.C.
S&P/TSX composite down nearly 400 points, U.S. stock markets also lower

S&P/TSX composite down nearly 400 points, U.S. stock markets also lower

TORONTO — Canada's main stock index was down nearly 400 points in a broad-based decline in late-morning trading, while U.S. stock markets also fell a day after the U.S.
Canadian Real Estate Association reports home sales down in November

Canadian Real Estate Association reports home sales down in November

OTTAWA — The Canadian Real Estate Association says seasonally adjusted home sales were down 3.3 per cent on a month-over-month basis in November.
Bank of England hikes interest rates again but softens pace

Bank of England hikes interest rates again but softens pace

LONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as inflation shows signs of easing , mirroring action by the U.S. Federal Reserve and European policymakers.
Retail sales drop at start of key holiday shopping season

Retail sales drop at start of key holiday shopping season

WASHINGTON (AP) — Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, particularly lower income households, to make harder decisions about what the
Hosting a holiday dinner? Here are some cost-saving tips

Hosting a holiday dinner? Here are some cost-saving tips

TORONTO — When Canadians soon gather with loved ones for holiday meals, there will be an unwelcome guest at the dinner table: decades-high inflation.
CMHC reports annual pace of housing starts edged lower in November

CMHC reports annual pace of housing starts edged lower in November

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November edged down 0.2 per cent compared with October.
Carlsberg Group buying Waterloo Brewing for $144 million in cash

Carlsberg Group buying Waterloo Brewing for $144 million in cash

KITCHENER, Ont. — Waterloo Brewing Ltd. has signed a deal to be bought by the Carlsberg Group for $144 million. Under the agreement, Carlsberg has agreed to pay $4.00 in cash for each Waterloo Brewing share. Waterloo Brewing shares closed at $3.
Six-month COVID-19 vaccine delay would have cost $156B: study

Six-month COVID-19 vaccine delay would have cost $156B: study

A study from the C.D. Howe Institute estimates Canada would have lost $156 billion in economic activity in 2021 had COVID-19 vaccines been rolled out six months later than they were. That would have been equivalent to about 12.