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  • What we know about the Baltimore bridge collapse

    BALTIMORE - A cargo ship rammed into Baltimore’s Francis Scott Key Bridge, causing the span to collapse and presumably killing six construction workers. On Wednesday, a day after the early-morning crash, officials with the National Transportation Safety Board boarded the ship and planned to recover information from its electronics and paperwork while divers searched for the bodies of workers who were still missing.
  • Stock market today: Wall Street pulls back further from its all-time highs

    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.
  • Need to improve Canadian productivity has reached emergency level, BoC official says

    HALIFAX - A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
  • Stock market today: Wall Street extends its push into record highs, led by chipmakers

    NEW YORK (AP) — Stocks are extending their push to record highs in early trading on Wall Street, led by big gains in chipmakers. The S&P 500 was up 0.5% in the early going Thursday. The Dow Jones Industrial Average was up 177 points, or 0.5%. The Nasdaq composite added 0.8%. Micron led chipmakers higher after reporting blowout results for its latest quarter that easily surpassed analysts’ expectations. Traders will be keeping a close eye on Reddit, whose shares begin trading today.
  • Wholesale sales rose 0.1 per cent in January: Statistics Canada

    OTTAWA - Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.1 per cent to $82.4 billion in January.
  • Business investment per worker fell 20% in 15 years amid weaker competition: StatCan

    OTTAWA - Canadian business investment per worker plummeted by 20 per cent over a 15-year stretch, according to new Statistics Canada research that suggests weaker competition is partly to blame.
  • Stock market today: More weakness in technology companies pulls Wall Street lower

    NEW YORK (AP) — Stocks are opening lower on Wall Street as weakness in technology companies continues to drag on the market. The S&P 500 was off 0.3% in the early going Wednesday. The tech-heavy Nasdaq gave up 0.5% and the Dow Jones Industrial Average slipped 153 points, or 0.4%. Palo Alto Networks was a big loser. The network security company lost a quarter of its value after giving forecasts for future billings that came in well below what analysts were looking for.
  • Homebuilders group pushing for 30-year mortgages to boost construction in Canada

    OTTAWA - The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes.
  • Boom in southern Quebec mining claims, including under people's homes, causes anxiety

    MONTREAL - When Ellen Rice-Hogan discovered that someone had bought a mining claim under her farm, she was shocked.
  • House passes bill to enhance child tax credit, revive key tax breaks for businesses

    WASHINGTON (AP) — The House accomplished something unusual Wednesday in passing with broad, bipartisan support a roughly $79 billion tax cut package that would enhance the child tax credit for millions of lower-income families and boost three tax breaks for businesses, a combination that gives lawmakers on both sides of the political aisle coveted policy wins.

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