National Business

NEW YORK — Wall Street rallied amid hopes inflation may continue to cool and the Federal Reserve may ease up on its interest rate hikes following some mixed readings on the U.S. economy. The S&P 500 shook off a shaky start and closed 2.

WASHINGTON (AP) — U.S. health officials on Friday approved a closely watched Alzheimer’s drug that modestly slows the brain-robbing disease, albeit with potential safety risks that patients and their doctors will have to carefully weigh.

OTTAWA — The Canadian labour market ended the year on a strong note as the economy added a whopping 104,000 jobs in December, showing no signs of the slowdown many economists have been anticipating.

Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged misconduct.

Economists say the expected economic slowdown in 2023 may not result in higher levels of gig work, unlike previous recessions when levels of contract work and self-employment spiked.

ROME (AP) — Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row

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

OTTAWA — Canada's national unemployment rate held steady at 5.0 per cent in December. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.1 per cent (10.

OTTAWA — A quick look at Canada's December employment (numbers from the previous month in brackets): Unemployment rate: 5.0 per cent (5.1) Employment rate: 61.8 per cent (61.5) Participation rate: 65.0 per cent (64.

CALGARY — Vermilion Energy Inc. raised its dividend by 25 per cent as it announced a $570 million capital budget for 2023.