National Business

NEW YORK (AP) — A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S.

OTTAWA — The Bank of Canada may have to raise interest rates further, given that inflation may stay high for some time, said governor Tiff Macklem Thursday.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,132.08, down 94.88 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 17 cents, or 0.19 per cent, to $89.38 on 25.

TORONTO — Canada's main stock index moved lower Thursday on broad-based weakness a day after the central bank chose to hold its key interest rate, while U.S. markets were mixed.

OLDS, Alta. — Alberta got out of the starting gates in the global critical minerals race Thursday with the opening of the province's first lithium extraction pilot project.

NEW YORK (AP) — Wall Street slipped on worries a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. The S&P 500 fell 0.3% Thursday, its third straight loss.

HALIFAX — A report published Thursday says the rising costs of shelter and food in Nova Scotia have contributed to a large jump over the last year in what’s considered a living wage in the province.

LAVAL, Que. — Canada appeared to be a “bright spot” for Alimentation Couche-Tard Inc. in its latest quarter as the convenience store giant battles a slew of pressures.

TORONTO — One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday.

TORONTO — A year after he took on the top job, Indigo Books & Music Inc.'s chief executive is moving on.