National Business

WASHINGTON (AP) — The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations in the Forth Berthold Indian Reservation in North Dakota.

LOS ANGELES (AP) — The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday.

WASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

Nelly Furtado's comeback train is making a pit stop at lucky No. 7. The pop hitmaker and Victoria native has marked Sept. 20 for the release of her seventh studio album, which she's appropriately named "7.

AUSTIN, Texas (AP) — About 500,000 customers still won’t have electricity into next week as wide outages from Hurricane Beryl persist and frustration mounts over the pace of restoration, an official with Houston’s biggest power utility said Thursday.

BOSTON (AP) — A lawsuit was filed Thursday in the case of a Massachusetts teen who died after he participated in a spicy tortilla chip challenge on social media. Harris Wolobah, a 10th grader from the city of Worcester, died Sept.

TORONTO — Royal Bank of Canada is making changes to its executive suite and splitting its personal and commercial banking division into two groups following its acquisition of HSBC Bank Canada earlier this year.

Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off.

For Richard Khairov, a shopping trip to the U.S. is a short drive — two hours or less — from his home in Richmond Hill, Ont., just north of Toronto.

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates.