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Stock market today: Wall Street drifts ahead of Fed's next meeting on interest rates

Stock market today: Wall Street drifts ahead of Fed's next meeting on interest rates

NEW YORK (AP) — U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday.
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Oil execs at World Petroleum Congress see global demand growing, not falling

Oil execs at World Petroleum Congress see global demand growing, not falling

CALGARY — Chief executives of the some of the world's biggest fossil fuel companies are meeting in Canada this week, united in their stance that "peak oil" isn't about to put them out of business anytime soon.
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Rogers urged minister to not turn off its customers' access to 5G network on TTC

Rogers urged minister to not turn off its customers' access to 5G network on TTC

TORONTO — Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc.
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Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

WASHINGTON (AP) — Since Federal Reserve officials last met in July , the economy has moved in the direction they hoped to see: Inflation continues to ease , if more slowly than most Americans would like, while growth remains solid and the job market
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BMO to shutter indirect retail auto finance business as bad debt mounts

BMO to shutter indirect retail auto finance business as bad debt mounts

MONTREAL — BMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent interest rate hikes.
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CMHC reports annual pace of housing starts down 1% in August

CMHC reports annual pace of housing starts down 1% in August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
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Métro Média to declare bankruptcy as local journalism takes another hit

Métro Média to declare bankruptcy as local journalism takes another hit

MONTREAL — Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province's two largest cities, the head of the Quebec newspaper publisher said Sunday.
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UAW justifies wage demands by pointing to CEO pay raises. So how high were they?

UAW justifies wage demands by pointing to CEO pay raises. So how high were they?

NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Auto talks The contracts between Unifor and the three big U.S. automakers are set to expire on Monday at 11:59 p.m. The union is negotiating with Ford Motor Co.
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Inflation likely gained pace in August, economists expect, reversing progress

Inflation likely gained pace in August, economists expect, reversing progress

OTTAWA — Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.
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