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US shoppers sharply boosted spending at retailers in July despite higher prices
WASHINGTON (AP) — Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.
Aug 15, 2024 10:59 AM
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Housing market fairly stable in July, conditions growing for more active market: CREA
OTTAWA — Canada's housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said. Sales were down 0.
Aug 15, 2024 10:32 AM
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Walmart grows more optimistic about 2024 as bargains prove a powerful lure for the inflation weary
NEW YORK (AP) — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything e
Aug 15, 2024 10:15 AM
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ETFs are wildly popular. How much of your portfolio should be in them?
Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.
Aug 15, 2024 8:17 AM
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US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates.
Aug 15, 2024 7:41 AM
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White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly
WASHINGTON (AP) — The Biden administration said Thursday that drug price negotiations will knock hundreds of dollars — in some cases thousands — off the list prices of 10 of Medicare’s most popular and costliest drugs .
Aug 15, 2024 6:47 AM
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Maple Leaf Foods names Deepak Bhandari as CFO for pork business
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. has named Deepak Bhandari as chief financial officer of its pork business, which it plans to spin off as an independent, publicly traded company.
Aug 15, 2024 6:31 AM
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'Long haul': Sense of community key as Jasper rebuilds, former Slave Lake mayor says
The former mayor of a northern Alberta town ravaged by wildfire more than a decade ago says community ties will be key as Jasper, Alta., recovers from the blaze that swept through last month.
Aug 15, 2024 2:00 AM
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Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success
HONOLULU (AP) — Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, has died. He was 88.
Aug 14, 2024 7:03 PM
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Football Canada appoints Peter Baxter to its board of directors
OTTAWA — Peter Baxter, the longtime athletic director at Wilfrid Laurier, has been appointed to Football Canada's board of directors. The governing body of amateur football in Canada made the announcement Wednesday.
Aug 14, 2024 5:28 PM
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