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US trade deficit hits record of $80.9 billion in September

US trade deficit hits record of $80.9 billion in September

WASHINGTON (AP) — The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.
Canadians are more financially literate than they realize: poll

Canadians are more financially literate than they realize: poll

Canadians are emerging from the pandemic with a lack of confidence in their financial knowledge, with many underestimating how much they actually know about topics like savings, debt, investing and insurance, a new poll has found.
Bank of England holds rates steady, confounding expectations

Bank of England holds rates steady, confounding expectations

LONDON (AP) — The Bank of England has confounded market expectations and held U.K.
Unemployment claims drop to 269,000, another pandemic low

Unemployment claims drop to 269,000, another pandemic low

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year's coronavirus recession.
Barrick Gold reports Q3 profit down from year ago, gold prices lower

Barrick Gold reports Q3 profit down from year ago, gold prices lower

TORONTO — Barrick Gold Corp. reported its third-quarter profit fell compared with a year ago as the price of gold also moved lower. The gold miner, which keeps its books in U.S.
UK authorizes Merck antiviral pill, 1st shown to treat COVID

UK authorizes Merck antiviral pill, 1st shown to treat COVID

LONDON (AP) — Britain granted conditional authorization on Thursday to the only pill shown to successfully treat COVID-19 so far.
Officials tell AP that Iran seized Vietnamese oil tanker

Officials tell AP that Iran seized Vietnamese oil tanker

DUBAI, United Arab Emirates (AP) — Iran seized a Vietnamese-flagged oil tanker in the Gulf of Oman last month and still holds the vessel, two U.S.
Fed pulls back economic aid in face of rising uncertainties

Fed pulls back economic aid in face of rising uncertainties

WASHINGTON (AP) — If you find the current economy a bit confusing, don’t worry: So does the nation’s top economic official, Federal Reserve Chair Jerome Powell.
CP shareholders to vote Dec. 8 on issuing shares for Kansas City Southern deal

CP shareholders to vote Dec. 8 on issuing shares for Kansas City Southern deal

CALGARY — Canadian Pacific Railway Ltd. says its shareholders will vote next month on the issuance of shares in connection with its proposed acquisition of Kansas City Southern.
Sun Life reports $1.02 billion net income in third quarter

Sun Life reports $1.02 billion net income in third quarter

TORONTO, Australia — Sun Life Financial Inc. says it earned $1.02 billion in the third quarter, up from $750 million in the same quarter last year as it saw growth in asset management and its Asian division.