National Business

NEW YORK (AP) — U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.

Money laundering penalties levied against Toronto-Dominion Bank this week by U.S. regulators could be a drag on the bank's stock price long-term, analysts warn. On Thursday, TD agreed to pay fines totalling about US$3.

TORONTO — The Canadian Nuclear Safety Commission says it has approved a short extension to operate the Pickering Nuclear Generating Station until the end of 2026.

SASKATOON, Sask. — Saskatchewan New Democratic Leader Carla Beck has put her entire platform to voters before the Oct. 28 election. Beck says her plan offers change that is needed to help Saskatchewan hospitals, schools and families.

The Bank of Canada says consumers were less pessimistic about their finances as summer wound down but are still not upbeat about the situation.

HALIFAX — Wastewater tested in Halifax in 2023 contained almost twice the amount of cannabis metabolites compared with samples taken from other big cities in Canada, like Toronto or Montreal.

KENASTON, Sask. — Saskatchewan Party Leader Scott Moe says he won't hike the small business tax if re-elected premier on Oct. 28.

TORONTO — Spotify is raising its prices again in Canada. The music streaming service notified users this week that it will increase the cost of its ad-free monthly subscription packages before the end of the year.

WASHINGTON (AP) — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America's households in the wake of COVID-19.

WASHINGTON (AP) — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America's households in the wake of COVID-19.