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Economy, Law & Politics

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months

NEW YORK (AP) — Another rout hit Wall Street Friday, with formerly high-flying technology stocks again taking the brunt, after a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy.
S&P/TSX composite falls more than 200 points Friday, U.S. stock markets also down

S&P/TSX composite falls more than 200 points Friday, U.S. stock markets also down

TORONTO — Canada's main stock index fell more than 200 points on Friday, while U.S. markets also fell, after the latest reports on the labour market showed continued softening on both sides of the border.
When it comes to work, the money factor is gaining popularity, but don’t lose sight of the more factor

When it comes to work, the money factor is gaining popularity, but don’t lose sight of the more factor

63 per cent of Canadians and 58 per cent of Americans disagree with the idea that what they do is more important than the money they earn
Canada Post proposes 25-cent price hike for stamps in 2025

Canada Post proposes 25-cent price hike for stamps in 2025

OTTAWA — Canada Post is proposing an increase to regulated postage rates next year, bringing the price of most stamps up by 25 cents to $1.24.
China launches WTO complaint against Canada over EV, aluminum and steel tariffs

China launches WTO complaint against Canada over EV, aluminum and steel tariffs

OTTAWA — China launched a complaint against Canada at the World Trade Organization on Friday over recently announced tariffs on Chinese electric vehicles, aluminum and steel.
Recent immigrants shut out of strong wage growth as unemployment rises in Canada

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers and job seekers unevenly.
B.C. unemployment rises in August as 4,300 jobs lost

B.C. unemployment rises in August as 4,300 jobs lost

West Coast hit hard after nearly 19K full-time positions lost
Liberals’ national campaign director Jeremy Broadhurst resigns

Liberals’ national campaign director Jeremy Broadhurst resigns

OTTAWA — Prime Minister Justin Trudeau is suddenly without the assistance of one of his longest advisers just as the threat of being forced into an early election has been heightened.
Vancouver ranks mid-pack for remote working as trend loses steam, says StatCan

Vancouver ranks mid-pack for remote working as trend loses steam, says StatCan

Metro region tied for sixth when it comes to proportion of employees working mostly from home.
'Mismatched guidance' on pulling COVID vaccines ahead of updated shots raises concern

'Mismatched guidance' on pulling COVID vaccines ahead of updated shots raises concern

As several provinces get rid of their existing COVID-19 vaccine supplies to make way for updated shots expected in the fall, pharmacists and some doctors say the move raises questions about gaps in vaccine access and government messaging.