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Stock market today: Wall Street falls as the vise tightens from rising yields in the bond market

Stock market today: Wall Street falls as the vise tightens from rising yields in the bond market

NEW YORK (AP) — U.S. stocks slipped as the clamps tightened on Wall Street from rising yields in the bond market. The S&P 500 fell 0.6% Thursday, breaking a four-day winning streak. The Dow lost 173 points, and the Nasdaq composite gave back 0.
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B.C. Real Estate Association says sales activity impacted by high cost of borrowing

B.C. Real Estate Association says sales activity impacted by high cost of borrowing

VANCOUVER — Home sales in British Columbia were up in September by more than 10 per cent from the same time last year. However, the B.C.
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Taylor Swift concert movie breaks Cineplex record for event pre-sales

Taylor Swift concert movie breaks Cineplex record for event pre-sales

TORONTO — Taylor Swift's concert movie is proving to be a fairy tale for Canada's largest cinema chain. The film "Taylor Swift: The Eras Tour," which hit theatres Thursday, generated $6.2 million in pre-sales for Cineplex Inc.
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NHL's Ottawa Senators enter jersey sponsorship agreement with CIBC

NHL's Ottawa Senators enter jersey sponsorship agreement with CIBC

OTTAWA — The Ottawa Senators have entered into a multiyear agreement with the Canadian Imperial Bank of Commerce that will see the bank's logo featured on the NHL club's home jersey.
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TC Energy names former CEO Hal Kvisle as chair of new liquids pipeline spinoff

TC Energy names former CEO Hal Kvisle as chair of new liquids pipeline spinoff

CALGARY — TC Energy Corp. is bringing back former chief executive Hal Kvisle to serve as chair of the board of the new liquids pipeline company it plans to spin off. Kvisle was president and chief executive of TransCanada Corp.
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U.S. tech workers make 46 per cent more than Canadian counterparts: TMU study

U.S. tech workers make 46 per cent more than Canadian counterparts: TMU study

TORONTO — A new study says U.S. tech workers are paid 46 per cent more on average than their Canadian counterparts.
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US inflation eased slightly last month as price increases extend slow descent

US inflation eased slightly last month as price increases extend slow descent

WASHINGTON (AP) — Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace. Consumer prices rose 0.4% from August to September, below the previous month's 0.6% pace .
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Hunting for decent returns with low risk? Here are the basics of GICs

Hunting for decent returns with low risk? Here are the basics of GICs

TORONTO — As interest rates have risen, so has the popularity of guaranteed investment certificates.
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The US government sanctions two shipping companies for violating the Russian oil price cap

The US government sanctions two shipping companies for violating the Russian oil price cap

WASHINGTON (AP) — The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap .
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Rising GIC returns broadening their appeal to younger investors

Rising GIC returns broadening their appeal to younger investors

OTTAWA — Rising interest rates have pushed up costs for borrowers and made mortgages, car loans and other debt more expensive, but the flip side for savers is the better rates for investments such as guaranteed investment certificates.
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