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Wall Street slips as inflation remains hotter than expected

Wall Street slips as inflation remains hotter than expected

NEW YORK (AP) — Stocks are slipping on Wall Street after a report showed inflation is still hotter than expected, even though it is slowing. The S&P 500 was 0.3% lower and on pace for its sixth loss in the last seven days.
Wholesale inflation in US further slowed in November to 7.4%

Wholesale inflation in US further slowed in November to 7.4%

WASHINGTON (AP) — Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.
Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

TORONTO — Roots Corp. says it earned about $2.2 million in its latest quarter as sales dropped by 8.5 per cent since the same time last year. The Toronto clothing retailer says its net income for the third quarter fell from $10.8 million a year ago.
Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

CALGARY — Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million.
Laurentian Bank posts $55.7M in earnings in Q4, revenue up slightly from year ago

Laurentian Bank posts $55.7M in earnings in Q4, revenue up slightly from year ago

MONTREAL — Laurentian Bank of Canada says it earned $55.7 million in its most recent quarter as its revenue rose and provision for credit losses eased slightly.
From missing family time to making food, Canadians are cutting back amid inflation

From missing family time to making food, Canadians are cutting back amid inflation

MONTREAL — It has not been an easy year for Canadians financially. Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices.
Steep surcharges for mailing parcels may dampen holiday spirits

Steep surcharges for mailing parcels may dampen holiday spirits

OTTAWA — Canadians sending parcels this holiday season may be surprised to see a steep surcharge on domestic shipping due to the high price of diesel.

Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

OTTAWA — The Canadian Food Inspection Agency has issued a recall for Igor brand Gorgonzola mild ripened blue-veined cheese due to possible Listeria contamination. The affected product distributed by Jan K.
TC Energy shuts down Keystone pipeline system after leak in Kansas

TC Energy shuts down Keystone pipeline system after leak in Kansas

CALGARY — TC Energy Corp. has estimated the volume of oil released in Wednesday's Keystone pipeline leak at 14,000 barrels, making this most recent spill larger than Keystone's 2017 and 2019 leaks combined.
Quebec economic update: A lot of uncertainty in 2023, Girard says

Quebec economic update: A lot of uncertainty in 2023, Girard says

Quebec Finance Minister Eric Girard said Thursday the province's economy is facing a lot of uncertainty going into 2023 as he presented his economic update, one that included help for low-income seniors in the face of stubborn inflation.
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