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Canadian rail union says it has filed lawsuits challenging back-to-work orders
The Teamsters union that represents workers at both of Canada's largest freight railroads has filed the lawsuits it promised challenging the orders that forced employees back to work and got the trains moving again, the union announced Friday.
Aug 30, 2024 8:02 AM
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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Aug 30, 2024 7:24 AM
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CWB reports Q3 profit down from year ago, provision for credit losses up
EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans climb higher.
Aug 30, 2024 6:52 AM
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Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago
MONTREAL — Laurentian Bank of Canada says it earned $34.1 million in its third quarter, down from $49.3 million in the same quarter last year.
Aug 30, 2024 6:52 AM
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Ottawa's move to end rail shutdown prompts debate over workers' rights
MONTREAL — Workers’ rights are once again under the microscope after last week’s massive railway work stoppage was abruptly halted when the federal government intervened less than 17 hours after the shutdown began.
Aug 30, 2024 6:43 AM
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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Aug 30, 2024 6:38 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 3:25 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 3:06 AM
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Cash-strapped parents seek back-to-school deals as years of inflation take a toll
TORONTO — When August rolled around, April Hicke realized the $100 she typically gives her 13-year-old son to update his wardrobe in time for school to start was no longer enough.
Aug 30, 2024 2:00 AM
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Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill
DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.
Aug 29, 2024 7:49 PM
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