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S&P/TSX composite down Wednesday, U.S. stock markets mixed

S&P/TSX composite down Wednesday, U.S. stock markets mixed

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index moved lower Wednesday as the market digested an interest rate hike by the Bank of sa¹ú¼Ê´«Ã½, while U.S. markets were mixed. The Bank of sa¹ú¼Ê´«Ã½ hiked its key interest rate by a quarter of a percentage point to 4.
CNN ousts CEO Chris Licht after a brief, tumultuous tenure

CNN ousts CEO Chris Licht after a brief, tumultuous tenure

NEW YORK (AP) — CNN ousted chief executive Chris Licht after a tumultuous year leading the struggling news network that culminated in a damning magazine profile and the realization that he’d lost the confidence of the network's journalists.
Stock market today: Wall Street drifts as drops for tech overshadow gains elsewhere

Stock market today: Wall Street drifts as drops for tech overshadow gains elsewhere

NEW YORK (AP) — U.S. stocks drifted to a mixed close as drops for Microsoft and other big-name tech stocks overshadowed gains for much of the rest of Wall Street. The S&P 500 fell 0.
Lionel Messi says he's joining Major League Soccer's Inter Miami after exit from Paris Saint-Germain

Lionel Messi says he's joining Major League Soccer's Inter Miami after exit from Paris Saint-Germain

MIAMI (AP) — Lionel Messi has pulled off his latest stunning feat: He is headed to Major League Soccer, and joining Inter Miami.
Bank of sa¹ú¼Ê´«Ã½ raises interest rates as it tries to get ahead of hot economy

Bank of sa¹ú¼Ê´«Ã½ raises interest rates as it tries to get ahead of hot economy

OTTAWA — After watching to see whether its aggressive rate hike path were enough to quash inflation, the central bank has opted to raise interest rates again — fuelling speculation that another rate hike is in the cards for July.
What the interest rate hike means for mortgage holders, home hunters

What the interest rate hike means for mortgage holders, home hunters

TORONTO — The Bank of sa¹ú¼Ê´«Ã½ hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it's been since April 2001.
Rogers' proposed TTC framework commits to consultations, but short on details

Rogers' proposed TTC framework commits to consultations, but short on details

TORONTO — Rogers Communication Inc.
PSP Investments earned 4.4 per cent return for its latest financial year

PSP Investments earned 4.4 per cent return for its latest financial year

MONTREAL — The Public Sector Pension Investment Board says it earned a 4.4 per cent return for its most recent financial year as it faced a challenging market environment. The investment manager says net assets under management grew to $243.
Dollarama profits skyrocket as consumers visit more often — for bigger purchases

Dollarama profits skyrocket as consumers visit more often — for bigger purchases

MONTREAL — Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.
What to know about the latest interest rate increase from the Bank of sa¹ú¼Ê´«Ã½

What to know about the latest interest rate increase from the Bank of sa¹ú¼Ê´«Ã½

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ raised its key interest rate target by a quarter of a percentage point to 4.75 per cent on Wednesday, the first raise since it announced a pause in January.