National Business

WASHINGTON (AP) — Chair Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next

A new survey of Canadian manufacturers has found 82 per cent of respondents are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.

WASHINGTON (AP) — U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and concern about the coronavirus. The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.

SAN JUAN, Puerto Rico (AP) — Barbados stopped pledging allegiance to Queen Elizabeth II on Tuesday as it shed another vestige of its colonial past and became a republic for the first time in history.

TORONTO — A new report says droves of Canadian workers have experienced burnout during the pandemic and it's causing at least 20 per cent to seek new jobs.

TORONTO — Ontario Teachers' Pension Plan Board says it has signed a deal with a subsidiary of NextEra Energy Inc. to buy a 50 per cent stake in a portfolio of 13 wind, solar and energy storage assets in the U.S. for US$849 million.

OTTAWA — A new survey of Canadian manufacturers has found 82 per cent are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.

WASHINGTON (AP) — U.S. home prices rose briskly in September, another sign that the housing market is booming in the aftermath of last year's coronavirus recession. The S&P CoreLogic Case-Shiller 20-city home price climbed 19.

COPENHAGEN, Denmark. (AP) — Sweden's first female prime minister, Magdalena Andersson, on Tuesday presented her one-party center-left minority government with only a few changes compared to the previous Cabinet.

VANCOUVER — West Fraser Timber Co. Ltd. says severe weather and flooding in B.C. that has disrupted highways and rail routes in the province is affecting its lumber and pulp shipments.