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US retail spending slows as inflation starts to bite

US retail spending slows as inflation starts to bite

NEW YORK (AP) — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for food, gasoline, and shelter are taking a bigger bite out of their w
Here's a list of February inflation rates for selected Canadian cities

Here's a list of February inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 5.7 per cent in February, Statistics Canada says.
Here's a list February inflation rates for Canadian provinces

Here's a list February inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 5.7 per cent in February, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 5.1 per cent (4.0) — Prince Edward Island: 7.
Statistics Canada says wholesale sales rose 4.2 per cent in January

Statistics Canada says wholesale sales rose 4.2 per cent in January

OTTAWA — Statistics Canada says wholesale sales rose 4.2 per cent in January to $79.8 billion, helped by gains in sales of building material and supplies, personal and household goods, and machinery, equipment and supplies.
Starbucks CEO to retire; founder Schultz to be interim chief

Starbucks CEO to retire; founder Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.
Pfizer asks US to allow 4th COVID vaccine dose for seniors

Pfizer asks US to allow 4th COVID vaccine dose for seniors

WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit. Currently the U.S.
'60 Minutes' tops in TV for third straight week

'60 Minutes' tops in TV for third straight week

NEW YORK (AP) — CBS' “60 Minutes,” with reports on Ukraine, voting rights, Pete Buttigieg and “Ted Lasso,” was the week's most-watched live television show — making it three weeks in a row for the old guys.
Honda plans $1.38B plant upgrade in Ontario, feds and province to invest millions

Honda plans $1.38B plant upgrade in Ontario, feds and province to invest millions

ALLISTON, Ont. — A division of Honda Canada Inc. is set to announce Wednesday that it will spend $1.
S&P/TSX composite edges higher; crude falls as China COVID cases mount

S&P/TSX composite edges higher; crude falls as China COVID cases mount

TORONTO — Canada's main stock index recovered from morning weakness to edge higher Tuesday even though crude oil and gold prices continued to lose steam on concerns about lockdowns in China stemming from a rise in a new COVID-19 variant.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,187.84, up 7.06 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down 32 cents, or 0.4 per cent, to $73.83 on 16.