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TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department
WASHINGTON (AP) — TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution's lax practices allowed significant money laundering over multiple years.
Oct 10, 2024 11:59 AM
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US inflation reaches lowest point in 3 years, though some price pressures remain
WASHINGTON (AP) — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Oct 10, 2024 11:32 AM
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Port of Montreal dockworkers begin overtime strike, upping fears of backlogs
MONTREAL — Dockworkers at the Port of Montreal have halted all overtime work in a pressure tactic targetting management as contract talks continue.
Oct 10, 2024 9:59 AM
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Youth unemployment is up. Here's how parents can help their teen land their first job
As a parent, you want your child to spread their wings and fly, not crash down to reality when they first enter the job market.
Oct 10, 2024 9:06 AM
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US jobless claims hit 258,000, the most in a year. Analysts point to Hurricane Helene, Boeing strike
The number of Americans filing for for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the la
Oct 10, 2024 8:35 AM
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Toronto island airport lease extended for up to 12 years
TORONTO — Toronto city council is granting the island airport a lease extension that would keep the hub open for at least another two decades.
Oct 10, 2024 8:14 AM
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Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past
WASHINGTON (AP) — Millions of Social Security recipients will get a 2.5% cost-of-living increase to their monthly checks beginning in January, the Social Security Administration announced Thursday.
Oct 10, 2024 6:44 AM
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US filings for jobless benefits jump to 258,000, the most in more than a year
The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market.
Oct 10, 2024 6:44 AM
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Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago
LEAMINGTON, Ont. — Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of US$55.9 million in the same quarter last year, as its net revenue rose 13 per cent.
Oct 10, 2024 6:24 AM
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Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations
Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow.
Oct 10, 2024 5:04 AM
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