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Bank results show lesser fallout from trade uncertainty than feared, so far

Bank results show lesser fallout from trade uncertainty than feared, so far

TORONTO — Results from Canadian banks this quarter showed a range of views on what's ahead for the economy, but were largely in agreement that the hit from tariffs and trade uncertainty hasn't been as bad as feared so far.
CEO pay rose nearly 10% in 2024 as stock prices and profits soared

CEO pay rose nearly 10% in 2024 as stock prices and profits soared

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
Victoria's Secret US website is down as lingerie seller addresses 'security incident'

Victoria's Secret US website is down as lingerie seller addresses 'security incident'

NEW YORK (AP) — Victoria's Secret has taken down its U.S. website and says some in-store services will be unavailable as it addresses an unspecified “security incident.
Are solar panels worth the investment? Yes — usually — but it depends where you live

Are solar panels worth the investment? Yes — usually — but it depends where you live

MONTREAL — When she looked into installing solar panels on her roof, Heather McDiarmid came across an unexpected hitch.
BMO reports rise in profit even as companies remain hesitant on borrowing

BMO reports rise in profit even as companies remain hesitant on borrowing

TORONTO — BMO Financial Group's second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.
S&P/TSX composite falls, U.S. markets and commodities also down

S&P/TSX composite falls, U.S. markets and commodities also down

TORONTO — Canada's main stock index and several of its U.S. counterparts slid in late-morning trading as commodities also ticked down. The S&P/TSX composite index was down 21.14 points at 26,247.86.
Wall Street holds steady as several retailers including Abercrombie report solid results

Wall Street holds steady as several retailers including Abercrombie report solid results

NEW YORK (AP) — U.S. stocks are holding steadier a day after leaping back within a few good days’ worth of gains from its all-time high. The S&P 500 was up 0.1% in early trading Wednesday.
UN nuclear watchdog chief says 'jury is still out' on Iran-US talks, but calls them a good sign

UN nuclear watchdog chief says 'jury is still out' on Iran-US talks, but calls them a good sign

VIENNA (AP) — The head of the United Nations’ atomic watchdog said Wednesday that “the jury is still out” on negotiations between Iran and the U.S.
Young people, newcomers fuel new debt growth: TransUnion report

Young people, newcomers fuel new debt growth: TransUnion report

The latest TransUnion debt report shows total debt continued to grow in the first quarter compared with the year before, driven mainly by young people and newcomers.
Trump says it will cost Canada $61B to join 'Golden Dome'

Trump says it will cost Canada $61B to join 'Golden Dome'

WASHINGTON — U.S. President Donald Trump said Tuesday that he told Canada it would cost $61 billion to join his "Golden Dome" plan for a missile defence shield while returning to his "51st state" rhetoric.
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