National Business

TORONTO — Canada's main stock index lost more than 1.5 per cent Friday on broad-based weakness led by financials and technology, as U.S. markets fell after a major bank had its assets seized by the government.

NEW YORK (AP) — Fear rattled Wall Street, and stocks tumbled Friday on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years. The S&P 500 dropped 1.

NEW YORK (AP) — The U.

WASHINGTON (AP) — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.

OTTAWA — Finance Minister Chrystia Freeland says she will table the 2023 federal budget on March 28.

OTTAWA — Employment in Canada showed modest growth in February after months of strong jobs gains, raising concerns that a bustling labour market could lead to more interest rate hikes.

BMO Financial Group announced a deal Friday to buy the Air Miles loyalty rewards program in Canada after its U.S. parent company filed for bankruptcy. The bank's so-called stalking horse offer for LoyaltyOne Co.

When a major snowstorm hits Ottawa, most residents retreat indoors, griping about the weather and the heaping piles of snow they'll soon have to shovel.

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Friday formally set the country’s parliamentary and presidential elections for May 14 — a month earlier than scheduled despite the devastating Feb.

OTTAWA — The national unemployment rate was 5.0 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.