The Canadian Press

American weekly jobless claims at lowest level since 1969

The number of Americans applying for unemployment benefits last week fell to its lowest level in 52...

January travel up from year ago, but still fraction of pre-pandemic levels

Statistics Canada says the number of people travelling to Canada in January was up from a year earlier, but remained a fraction of where it was before the COVID-19 pandemic.

Quarterhill shares soar after firm signs patent license agreement with Apple

The deal includes the settlement and dismissal of all litigation pending between the companies in the United States, Canada and Germany.

Visiting Canadian leaders doing U.S. damage control as rail dispute hits supply chain

Goldy Hyder, president and CEO of the Business Council of Canada, said U.S. lawmakers and counterparts – even White House officials – have been worried for weeks about a possible labour dispute.

Cannabis company Hexo hit by one-time charges, reports $690.3M net loss

Hexo Corp. reported a net loss of $690.3 million as it recorded $616 million in one-time impairment charges in its latest quarter as it worked to turn around the cannabis business.

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline inflation rates.

Retail sales rose 3.2% in January amid Omicron surge, StatCan reports

Statistics Canada says retail sales rose 3.2 per cent to $58.9 billion in January, helped by higher sales at new car dealers to start the year.

Social norms will take time to establish as more workers head back to offices

Along with anxiety about commuting times and corporate vaccination policies come questions over what professional behaviour looks like in 2022.

Under headline jobs figures, report finds pockets of weakness in rebound for women

A new report says women's historically high numbers in the country's labour force remain below where they might have been if COVID-19 had never occurred.

Fed begins inflation fight with key rate hike

The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year.

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