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  • US unemployment claims rise after hitting pandemic low

    WASHINGTON (AP) — The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that the spread of the delta variant may have slightly increased layoffs.
  • North American stock markets fall to end losing week amid mounting concerns

    TORONTO - North American stock markets fell to end a losing week as mounting concerns over the global economy gave investors pause.
  • Elizabeth Holmes drawn as villain, underdog as trial begins

    SAN JOSE, Calif. (AP) — Prosecutors and defense attorneys sketched dueling portraits of fallen Silicon Valley star Elizabeth Holmes as her trial got underway Wednesday, alternatively describing her as a greedy villain who faked her way to the top and as a passionate underdog whose spent years trying to shake up the health care industry.
  • US jobless claims reach a pandemic low as economy recovers

    WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs.
  • European Central Bank easing emergency pandemic support

    FRANKFURT, Germany (AP) — The European Central Bank says it is dialing back some of its massive emergency pandemic support for the economy. The move comes amid signs of increasing business activity and consumer readiness to spend as the 19 countries that use the euro rebound from the coronavirus recession.
  • US hiring slows as delta variant weakens travel and tourism

    WASHINGTON (AP) — America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring and the clearest sign to date that the delta variant’s spread has discouraged some people from flying, shopping and eating out.
  • Millions to lose jobless aid as claims fall to pandemic low

    WASHINGTON (AP) — Millions of jobless Americans who have depended on federal unemployment aid as a financial lifeline are about to lose those benefits just as the delta variant of the coronavirus poses a renewed threat to the economy and the job market.
  • CIBC signs deal to be exclusive issuer of Costco Mastercards in Canada

    TORONTO - CIBC has signed a deal to acquire the Canadian Costco credit card portfolio and become the exclusive issuer of Costco Mastercards in Canada as part of a push to diversify its card portfolio.
  • Local businesses expect subdued TIFF to generate fewer sales, less foot traffic

    TORONTO - Most years, Beck Taxi will have logged hundreds of fares from people preparing for the Toronto International Film Festival weeks before red carpets have even been unfurled and lines snake out theatres.
  • TD Bank shares down as it reports third quarter earnings of $3.55 billion

    TORONTO - TD Bank Group shares closed down more than two per cent Thursday as the company reported a third quarter profit of $3.55 billion, up from $2.25 billion in the same quarter last year.

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