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  • Stock market today: Wall Street pulls back further from its all-time highs

    March 26, 2024 - 1:07 PM

    NEW YORK (AP) — Wall Street slipped a bit further from its record heights. The S&P 500 fell 0.3% Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite fell 0.4%. Stock indexes were up for much of the day, thanks to gains for Tesla and other Big Tech stocks. But a late-day drop for Nvidia ended up helping to pull the overall market lower.

  • Stock market today: Wall Street rises to another record as traders look ahead to easier rates

    March 07, 2024 - 1:03 PM

    NEW YORK (AP) — Stocks rose to another record, with easier interest rates beckoning on the horizon. The S&P 500 climbed 1% Thursday, beating the all-time high it set last week. The Dow added 0.3%, and the Nasdaq composite rose 1.5%. Treasury yields eased after Federal Reserve Chair Jerome Powell said it’s not far from delivering the cuts to interest rates that Wall Street craves. Powell reaffirmed the Fed’s position that cuts may start this year if inflation continues cooling.

  • European Union overcomes threat of Hungary veto to seal $54 billion aid package for Ukraine

    February 01, 2024 - 12:59 PM

    BRUSSELS (AP) — Leaders of the 27 European Union countries sealed a deal Thursday to provide Ukraine with 50 billion euros ($54 billion) in support for its war-ravaged economy after Hungary dropped weeks of threats to veto the measure.

  • US government pulls some of Venezuela's sanctions relief after court blocks opposition candidate

    January 29, 2024 - 3:26 PM

    CARACAS, Venezuela (AP) — The U.S. government on Monday pulled back part of the sanctions relief it granted Venezuela last year, following through on its threat after the South American country’s highest court blocked the presidential candidacy of an opposition leader.

  • 5-month skid in home sales snapped in November as easing mortgage rates give buyers breathing room

    December 20, 2023 - 8:35 AM

    LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in November, ending a five-month skid, as easing mortgage rates provided some breathing room for homebuyers.

  • Stock market today: Wall Street closes out its 7th straight weekly gain

    December 15, 2023 - 1:09 PM

    NEW YORK (AP) — Wall Street closed out its longest weekly winning streak in six years after big gains earlier in the week on hopes for lower interest rates in the U.S. The S&P 500 ended an up-and-down day little changed Friday. It still posted a solid gain for the week and its seventh straight weekly gain. The Dow added 0.2%, reaching its third all-time high in a row. The Nasdaq composite rose 0.4%.

  • US economic growth for last quarter is revised up to a 5.2% annual rate

    November 29, 2023 - 6:07 AM

    WASHINGTON (AP) — Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate.

  • Stock market today: Wall Street opens lower after a weekslong rally

    November 21, 2023 - 6:37 AM

    NEW YORK (AP) — Wall Street is slipping in early trading, a rare drop following a rally that vaulted it to the highest level since the start of August. The S&P 500 was 0.3% lower in the early going Tuesday. The Dow fell 59 points, and the Nasdaq composite was off 0.6%. Lowe’s sank after cutting its outlook, and Best Buy fell after reporting sales that fell short of forecasts. Overall, companies in the S&P 500 are on track to deliver their first year-over-year profit growth in a year.

  • At sprawling San Fran APEC summit, Canada opts for more intimate, one-on-one approach

    November 16, 2023 - 7:46 PM

    SAN FRANCISCO - Prime Minister Justin Trudeau embraced a more intimate form of Pacific Rim diplomacy Thursday as he sat down with several world leaders on the margins of a sprawling international summit in California.

  • Ikea Canada leaning on automation as it overhauls fulfilment network: new CEO

    November 08, 2023 - 6:37 AM

    TORONTO - When people north of Toronto visit Ikea's store in Vaughan, Selwyn Crittendon says it will be hard to tell there's a transformation underway in the bowels of the building, away from the maze-like aisles leading customers through the showroom.
  • iN RESPONSE: Readers have their say
    Following are emailed reader responses to stories or letters to the editor for the third week of April 2024. They have been edited slightly for readability.  Got something you want to add? Send an email to editor Marshall Jones at mjo
  • Discharge coming from the Sandher Fruit Packer plant. Fruit packers near Kelowna fined another $78,000
    A fruit packing plant in the Ellison area east of Kelowna was hit with another $78,368 in fines for discharging effluent into a failed septic field. That’s now more than $110,000 in fines since 2022 for the same issue at Sandher Fruit

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