National Business

NEW YORK — Stocks slid on Wall Street Tuesday as the market remains gripped by uncertainty over pervasive inflation, rising interest rates and the potential for a recession. The S&P 500 fell 2%, the Dow Jones Industrial Average fell 1.

PARIS (AP) — France’s lower house of parliament on Tuesday elected Yaël Braun-Pivet of President Emmanuel Macron’s centrist alliance as its new speaker. She is the first woman to hold the post.

OTTAWA — Canada's banking regulator is tightening requirements for some types of real estate loansto protect homeowners who may be at greater risk from higher interest rates.

HALIFAX — Nova Scotia's Progressive Conservative government says it will gather information from shoppers this summer as it tries to make good on an election promise to increase demand for local products.

VANCOUVER — Teck Resources Ltd. has announced a carbon capture utilization and storage pilot project at its operations in Trail, B.C. The plant will capture three tonnes per day of carbon dioxide from the acid plant flue gas at the Trail operations.

WASHINGTON (AP) — U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they've been about the future in almost a decade.

TORONTO — Kinross Gold Corp. said Tuesday it is making progress at its Great Bear project in Ontario and expects to declare an initial mineral resource as part of its 2022 year-end results. In an update on the project and others in the U.S.

ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia's income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv fo

Talia Pankewycz, a 33-year-old living in Toronto, once received seven wedding invitations in one year.

EDMONTON — Alberta Finance Minister Jason Nixon is to deliver today the final numbers on the 2021-22 budget amid higher than expected oil prices. The budget, which ended on March 31, was last forecast to come in at a $3.2 billion deficit.