National Business

NEW YORK (AP) — Wall Street burst out of its hangover Thursday, as U.S. stocks bounced back in a widespread rally following their worst day since September. The S&P 500 gained 1.2% to recover three quarters of its sharp loss from the day before.

TORONTO — Recent graduates entering the job market during high unemployment may see a lasting affect their earnings, especially for younger and inexperienced workers, according to a new report -- but work-integrated learning program could improve job

CALGARY — The company building the Trans Mountain pipeline expansion continues to work to find a solution for its latest unexpected construction challenge in B.C. Crown corporation Trans Mountain Corp.

BRUSSELS (AP) — Leaders of the 27 European Union countries sealed a deal Thursday to provide Ukraine with 50 billion euros ($54 billion) in support for its war-ravaged economy after Hungary dropped weeks of threats to veto the measure .

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank can't solve the housing crisis with interest rates because the root cause is a supply shortage.

CALGARY — The Calgary Real Estate Board says there were 1,650 home sales in January, marking a 37.7 per cent year-over-year increase as the city saw a 15.4 per cent bump in newly listed homes.

Canada Goose Holdings Inc. said further price increases are on the table even as buyers rethink their spending choices amid higher inflation and interest rates over the past two years.

PARIS (AP) — France’s two major farmers unions announced they would lift country-wide blockades Thursday, shortly after the prime minister introduced new measures aimed at protecting their livelihoods that they described as “tangible progress.

The chief executive of Rogers Communications Inc. dismissed analyst concerns about wireless customers leaving the carrier, saying the company was focused on its premium brand where performance was stronger.

VANCOUVER — Rogers Sugar Inc. says unionized workers at its Vancouver refinery have ratified a new collective agreement. The five-year deal brings an end a strike that began in September.