National Business

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures.

Almost half of Canadians who rent say they will continue to do so indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.

MONTREAL — About 1,800 unionized workers at Bombardier have voted to approve a new contract proposal. Members of the International Association of Machinists and Aerospace Workers have voted by more than 73 per cent to accept management's offer.

YELLOWSTONE NATIONAL PARK (AP) — Throngs of tourists gleefully watched the legendary Old Faithful geyser shoot towering bursts of steaming water while others got stuck in “bison jams” on picturesque valley roads as visitors returned Wednesday for the

Canada's transport regulator aims to beef up its passenger rights charter, placing more stringent rules around reimbursement by airlines — though some advocates say the rules fall short of frameworks in other countries.

TORONTO — Shareholders of BlackBerry Ltd. and CI Financial Corp. have rejected the companies' approaches to executive pay. The Waterloo, Ont., tech company's shareholders voted 55.

VANCOUVER — The discovery of a woodpecker's nest has halted construction of the Trans Mountain pipeline along a 400-metre stretch near Chilliwack, B.C. A statement from Trans Mountain Corp.

OTTAWA — Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt for a super

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,004.04, down 253.25 points.) Voyager Digital Ltd. (TSX:VOYG). Technology. Down 84 cents, or 52.5 per cent, to 76 cents on 10.

TORONTO — Fears of weakened demand stemming from higher interest rates pushed the energy sector and Canada's main stock index lower midweek as inflation hit a near 40-year high in May.