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S&P/TSX composite gains 300 points Friday, U.S. markets up more than 2 per cent

S&P/TSX composite gains 300 points Friday, U.S. markets up more than 2 per cent

TORONTO — Canada's main stock index rose 1.58 per cent Friday on broad-based gains while U.S. markets were all up by more than two per cent. The S&P/TSX composite index was up 307.67 points at 19,814.51.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,814.51, up 307.67): Suncor Energy Inc. (TSX:SU). Energy. Up $1.03, or 2.50 per cent, to $42.16 on 11.4 million shares.
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Wall Street rallies on rate hopes, notches gain for the week

Wall Street rallies on rate hopes, notches gain for the week

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.
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Alzheimer's drug that modestly slows disease OK'd by FDA

Alzheimer's drug that modestly slows disease OK'd by FDA

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.
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Labour market posts one last surprise for 2022, adds 104,000 jobs in December

Labour market posts one last surprise for 2022, adds 104,000 jobs in December

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.
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WWE's Vince McMahon is back after misconduct investigation

WWE's Vince McMahon is back after misconduct investigation

Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged misconduct.
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Tight labour market means rise in gig work unlikely during recession: economists

Tight labour market means rise in gig work unlikely during recession: economists

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.
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Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war

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, the U.N.
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Here's a quick glance at unemployment rates for December, by Canadian city

Here's a quick glance at unemployment rates for December, by Canadian city

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.
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Here's a quick glance at unemployment rates for December, by province

Here's a quick glance at unemployment rates for December, by province

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.
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