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Bank turmoil led Fed officials to forecast fewer rate hikes

Bank turmoil led Fed officials to forecast fewer rate hikes

WASHINGTON (AP) — Turmoil in the banking system after two major banks collapsed led many Federal Reserve officials to envision fewer rate increases this year out of concern that banks will reduce their lending and weaken the economy.
Rogers CEO pledges to work with rival companies to provide TTC cell service

Rogers CEO pledges to work with rival companies to provide TTC cell service

TORONTO — Rogers Communications Inc.
Muskrat Falls hydroelectric project in N.L. considered commissioned: CEO

Muskrat Falls hydroelectric project in N.L. considered commissioned: CEO

ST. JOHN'S, N.L. — Newfoundland and Labrador's Muskrat Falls hydroelectric project is considered commissioned after years of delays and billions of dollars in cost overruns.
NPR quits Elon Musk's Twitter over 'government-funded' label

NPR quits Elon Musk's Twitter over 'government-funded' label

WASHINGTON — National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR's account with labels the news organization says are intended to undermine its credibility.
Judge considers probe of whether Fox News withheld evidence

Judge considers probe of whether Fox News withheld evidence

WILMINGTON, Del. (AP) — The judge presiding over a defamation case against Fox News said Wednesday he likely will order an independent review to determine whether the network improperly withheld evidence, a step that could lead to sanctions.
City of Toronto, MLSE draft deal protecting company from 2026 World Cup losses

City of Toronto, MLSE draft deal protecting company from 2026 World Cup losses

TORONTO — The City of Toronto and Maple Leaf Sports and Entertainment have drafted an agreement detailing their proposed partnership surrounding the 2026 FIFA World Cup, which aims to shield the company from suffering any losses related to matches in
Bank of Canada holds key interest rate at 4.5%, says no plans to cut soon

Bank of Canada holds key interest rate at 4.5%, says no plans to cut soon

"This is good news, but it is not job done," Macklem said at a news conference in Ottawa.
Interest rate hold could add heat to real estate markets: mortgage experts

Interest rate hold could add heat to real estate markets: mortgage experts

TORONTO — Mortgage experts expect the Bank of Canada's decision to hold its key interest rate to add heat to the country's real estate markets.
Cheaper gas and food provide some relief from US inflation

Cheaper gas and food provide some relief from US inflation

WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices.
MTY Food Group reports Q1 profit up, acquisitions help revenue more than double

MTY Food Group reports Q1 profit up, acquisitions help revenue more than double

MONTREAL — MTY Food Group Inc. reported a first-quarter profit of $18.4 million, up from $16.6 million a year earlier, as acquisitions helped its revenue more than double.