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S&P/TSX composite up nearly 250 points, U.S. stock markets also higher

S&P/TSX composite up nearly 250 points, U.S. stock markets also higher

TORONTO — Canada's main stock index gained almost 250 points Friday on broad-based strength, while U.S. stock markets also rose as the U.S. Federal Reserve signalled it is prepared to start cutting its key interest rate.
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Stock market today: Wall Street rallies toward records after Fed says 'time has come' for rate cuts

Stock market today: Wall Street rallies toward records after Fed says 'time has come' for rate cuts

NEW YORK (AP) — U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
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Stock market today: Wall Street rallies toward records after Fed says 'time has come' for rate cuts

Stock market today: Wall Street rallies toward records after Fed says 'time has come' for rate cuts

NEW YORK (AP) — U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
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Fears for B.C. grain harvest, commuter train still suspended, amid rail disruption

Fears for B.C. grain harvest, commuter train still suspended, amid rail disruption

British Columbia grain producers are closely watching developments in the nationwide railway dispute triggered on Wednesday night, saying its impacts could soon spread beyond farmers to producers of food and beer. Canadian National Railway Co.
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Businesses face higher trucking costs amid rail labour dispute

Businesses face higher trucking costs amid rail labour dispute

The ongoing labour dispute between Canada’s largest railway companies and their workers is driving up the cost of shipping by truck, with smaller businesses disproportionately affected.
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Nova Scotia group wants a court to declare a First Nation's lobster fishery illegal

Nova Scotia group wants a court to declare a First Nation's lobster fishery illegal

HALIFAX — A commercial lobster fishing group in southwestern Nova Scotia is seeking a court to have a lobster fishery run by a First Nations community declared illegal.
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Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates

Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates

JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
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Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates

Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates

JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
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Jasper businesses shift focus to reopening as fire risks fade

Jasper businesses shift focus to reopening as fire risks fade

The road to recovery is starting to clear for businesses in Jasper, Alta., a month after some 25,000 visitors and residents were forced to flee a raging wildfire.
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Justice Department accuses RealPage of violating antitrust laws through scheme to hike rents

Justice Department accuses RealPage of violating antitrust laws through scheme to hike rents

WASHINGTON (AP) — The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices.
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