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US jobless claims drop by 14,000 to 385,000

US jobless claims drop by 14,000 to 385,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000 more evidence that the economy and the job market are rebounding briskly from the coronavirus recession.
July housing sales in Toronto down compared to last year, but still above average

July housing sales in Toronto down compared to last year, but still above average

The Toronto Regional Real Estate Board says housing demand in July dropped compared to the previous year, but still remains above average for the season in 2021. The board says nearly 9,400 home sales were reported in July, down 14.
Tokyo logs record 5,042 cases as infections surge amid Games

Tokyo logs record 5,042 cases as infections surge amid Games

TOKYO (AP) — Tokyo reported 5,042 new daily coronavirus cases on Thursday, hitting a record since the pandemic began as the infections surge in the Japanese capital hosting the Olympics. The additional cases brought the total for Tokyo to 236,138.
Government advisory group on open banking seeks new rules in place by 2023

Government advisory group on open banking seeks new rules in place by 2023

TORONTO — A government working group on so-called open banking recommends that a regulated system for sharing personal financial data with third parties like robo-advisors and budgeting apps be put in place by 2023.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,329.73, down 36.12 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Down 73 cents or 6.93 per cent, to $9.80 on 7.1 million shares.
Wildfire reaches Turkey power plant, prompts evacuations

Wildfire reaches Turkey power plant, prompts evacuations

MUGLA, Turkey (AP) — A coal-fueled power plant in southwest Turkey and nearby residential areas were being evacuated Wednesday evening as flames from a wildfire reached the plant, a mayor and local reporters said as sirens from the plant could be hea
Canadian doctor Chika Stacy Oriuwa among 'role models' celebrated in Barbie tribute

Canadian doctor Chika Stacy Oriuwa among 'role models' celebrated in Barbie tribute

TORONTO — Dr. Chika Stacy Oriuwa remembers dressing up her Barbies as doctors, poets and performers when she was a young girl, but none of the dolls looked quite like the woman she aspired to be.
S&P/TSX composite down, U.S. markets mixed following shaky day for bond yields

S&P/TSX composite down, U.S. markets mixed following shaky day for bond yields

TORONTO — Most North American stocks dropped Wednesday on what was a volatile day for bond yields, with Canada's main stock index dipping alongside lower oil prices. Mike Archibald, vice-president and portfolio manager with AGF Investments Inc.
Two-month strike at Vale mine in Sudbury to end after workers approve contract

Two-month strike at Vale mine in Sudbury to end after workers approve contract

SUDBURY, Ont. — The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective agreement.
Montreal home sales, new listings drop by about 30% each in July: QPAREB

Montreal home sales, new listings drop by about 30% each in July: QPAREB

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal home sales and new listings dropped by about 30 per cent each last month, compared with July 2020.
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