ADVERTISEMENT

U.S. stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait

Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.

‘Not yet strong’: Canada adds surprise 75,000 jobs in July but recovery still ongoing

Canada’s job market took a leap toward recovery in July, adding 75,000 jobs, but economists say there’s still a long road ahead before the Bank of Canada considers tightening policy.

Average asking rents fall 4% in July as market 'stabilizing, but not yet recovering'

A new report says the average national asking rent fell four per cent in July compared with last year and now stands at $2,037.

CRA data breach: Some Canadians could be eligible for up to $5,000, compensation applications now open

Thousands of eligible Canadians can now apply for compensation, after a months-long Canada Revenue Agency data breach in 2020 left their private information vulnerable to hackers.

S&P/TSX composite index up in late-morning trading, U.S. markets also rise

Canada’s main stock index gained ground in late-morning trading, helped by gains in the basic materials sector, while U.S. markets also rose.

MDA Space revenue rockets 34% in Q2 as company reports $27.9M profit

MDA Space Ltd. recorded a $27.9 million profit in its second quarter as its revenue climbed almost 34 per cent from a year earlier.

Ford recalls more than 150,000 SUVs, trucks in Canada, U.S.

In separate recalls, the company noted issues with the rear quarter window glass trim with the Mustang Mach-E in two model years and the rearview camera image with the F-150 and F-250 Super Duty in several model years.

China's exports slow slightly in July despite robust demand for high-tech products

China’s exports slowed slightly in July from the month before but still were higher than forecast thanks to strong demand for high-tech electronics and vehicles.

This Toronto woman was kicked off Instagram and she doesn’t know why

Many people use social media to stay in touch with family and friends and to post photos and videos, but some apps have been blocking users and deleting their accounts even though they say they’ve done nothing wrong.

FAA orders inspection of hundreds of 737 Max jets for cracks

The Federal Aviation Administration has ordered inspections of hundreds of Boeing 737 Max jets for cracks in the body of the plane, warning that undetected damage could reduce the aircraft’s structural integrity.

Canadian, U.S. markets edge lower as oil rises, driving inflationary fears

Canadian and U.S. stock markets moved lower on Thursday as rising oil prices weighed on investor sentiment. 

AtkinsRéalis Q2 revenue up 10% as it touts nuclear opportunities

The nuclear energy sector is performing better than expected, according to AtkinsRéalis Group Inc.

SpaceX shares rise even as company insiders get a chance to sell for the first time

Stock in Elon Musk’s space company rose Thursday even after many SpaceX insiders were freed up to sell for the first time.

U.S. stocks edge lower as oil prices rise and more earnings reports roll in

Stocks edged further away from their recent records on Thursday as Wall Street faced pressure from rising oil prices and mixed company earnings.

Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand

Keurig Dr Pepper on Thursday left its annual forecasts unchanged after beating analysts’ estimates for second-quarter sales and profit, helped by strength in its sodas and energy drinks portfolios, even as it navigates weakness in its coffee business.