National Business

TORONTO — Optimism on a potential moderation in rate hikes helped boost growth sectors like technology on Canada's main stock index Wednesday and more than offset losses on the energy side as oil prices fell. U.S.

TORONTO — A group of more than 20 Tanzanians and their family members have filed a lawsuit against Barrick Gold Corp., alleging they or their loved ones were beaten, shot at or killed by police at one of the company's mines in the African country.

Provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it, economists say. They say the tactic used by Alberta this week and B.C.

NEW YORK — Stocks closed broadly higher on Wall Street Wednesday, after the minutes from the Federal Reserve's most recent policy meeting showed central bank officials agreed that smaller rate hikes would likely be appropriate “soon.

OTTAWA — Shaw Communications Inc. says it doesn't have the scale and size to give customers the services and products they want, which is why it made the decision to merge with Rogers Communications Inc.

TORONTO — Some of Canada's Big Six banks are pulling ahead of others on climate policy but they all still have a ways to go, said a report out Wednesday.

WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a point for a fourth straight time.

Business economic outlook worsened in the third quarter as interest rates began to have a cooling effect on the Canadian economy.

MONTREAL — For the first time since 2019, the Canadian Pacific Holiday Train will make its annual journey through Canada and the U.S. to bring live music and raise holiday spirits.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards.