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S&P/TSX composite up nearly 100 points, U.S. stock markets mixed

S&P/TSX composite up nearly 100 points, U.S. stock markets mixed

TORONTO — Canada's main stock index was up nearly 100 points in late-morning trading, helped by strength in industrial and utility stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was up 92.11 points at 25,403.61.
Statistics Canada reports November retail sales flat at $67.6 billion

Statistics Canada reports November retail sales flat at $67.6 billion

OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.
More Americans file for unemployment benefits last week, continuing claims highest in 3 years

More Americans file for unemployment benefits last week, continuing claims highest in 3 years

Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
'There's going to be a lot more noise': Investing strategies in the time of Trump

'There's going to be a lot more noise': Investing strategies in the time of Trump

TORONTO — The roller-coaster governance model of Donald Trump is already back on display: he was quiet on tariffs during his inauguration day, only to say later that evening they could be coming by February. The actual plan remains unclear.
Tesla raising prices for its vehicles in Canada by up to $9,000 starting Feb. 1

Tesla raising prices for its vehicles in Canada by up to $9,000 starting Feb. 1

TORONTO — Tesla Inc. says it is raising prices by up to $9,000 starting Feb. 1 on its Model 3 vehicle, the cheapest in its lineup. The company says it will also be raising prices on the Model Y, X and S by $4,000 at the same time.
Stock market today: Wall Street drifts near its record as a recent rally loses steam

Stock market today: Wall Street drifts near its record as a recent rally loses steam

NEW YORK (AP) — U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to the edge of its all-time high set in early December.
More Americans file for unemployment benefits last week, continuing claims highest in 3 years

More Americans file for unemployment benefits last week, continuing claims highest in 3 years

Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Canadians continue to struggle financially due to higher costs: RBC poll

Canadians continue to struggle financially due to higher costs: RBC poll

TORONTO — A new report says nearly half of Canadians polled say they can't maintain their standard of living due to rising costs.
Europe posts record year for clean energy use as Trump pulls US toward fossil fuels

Europe posts record year for clean energy use as Trump pulls US toward fossil fuels

A record 47% of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign of the growing gap between the bloc's push for clean energy and the new U.S.
TikTok, Meta 'chaos' reminds Canadian businesses of the value of diversification

TikTok, Meta 'chaos' reminds Canadian businesses of the value of diversification

For Monika Scott and Robyn Mair, the last month has brought a whipsaw of emotions every time they log onto social media. Between a divest-or-ban government ultimatum that downed TikTok in the U.S.
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