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US inflation soared 7.9% in past year, a fresh 40-year high

US inflation soared 7.9% in past year, a fresh 40-year high

WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
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US inflation soared 7.9% in past year, a fresh 40-year high

US inflation soared 7.9% in past year, a fresh 40-year high

WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Read more >
Experts say check your budget now with interest rates set to rise

Experts say check your budget now with interest rates set to rise

OTTAWA — The price of gas is going up. The cost of groceries is going up. And now that the Bank of Canada has started to raise interest rates, the cost of borrowing is going up.
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Canadian Space Agency awards MDA $269M contract for next phase of Canadarm 3 project

Canadian Space Agency awards MDA $269M contract for next phase of Canadarm 3 project

BRAMPTON, Ont. — MDA Ltd. says it has won a $269-million contract from the Canadian Space Agency for the next phase of the Canadarm 3 program.
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Canadian Tire unveils $3.4-billion plan to improve customer experience, drive growth

Canadian Tire unveils $3.4-billion plan to improve customer experience, drive growth

TORONTO — Canadian Tire Corp. has announced a multi-billion dollar plan to improve customer service and bolster sales. The retailer, which operates several banners including Canadian Tire, SportChek and Mark's, says the $3.
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Melissa Etheridge ready for Love Rocks NYC benefit's return

Melissa Etheridge ready for Love Rocks NYC benefit's return

NEW YORK (AP) — Melissa Etheridge says the star-studded Love Rocks NYC benefit, the annual concert for the nonprofit God’s Love We Deliver, is exactly the kind of fundraiser she wanted to join.
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Europe's central bank to speed up end to economic stimulus

Europe's central bank to speed up end to economic stimulus

The European Central Bank said Thursday that it will speed up ending its economic stimulus efforts to combat record inflation that threatens to go ever higher as energy prices soar during Russia's war in Ukraine .
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More Americans filed for unemployment benefits last week

More Americans filed for unemployment benefits last week

WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels seen before the coronavirus recession in 2020.
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US inflation soared 7.9% in past year, a fresh 40-year high

US inflation soared 7.9% in past year, a fresh 40-year high

WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Read more >
New Zealand to merge public TV and radio as audiences shift

New Zealand to merge public TV and radio as audiences shift

WELLINGTON, New Zealand (AP) — Noting the rapid changes taking place in how people consume news and entertainment, New Zealand's government on Thursday said it would merge its public television and radio broadcasters into a single new organization it
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