Business

Stock markets rallied in both Canada and the U.S. early Wednesday after the U.S. midterm election yielded Democratic majorities in both houses of Congress.

North American stock markets are drifting in mixed trading on Tuesday morning, with Apple dropping sharply in early trading ahead of the U.S. midterm elections.

Some of Canada’s biggest banks say they are now banning AI agents, like Meta’s Muse, while others are taking initial steps to limit them.

The bond market swung, while U.S. stocks held relatively steady after the Federal Reserve decided not to raise its main interest rate to bring down high inflation.

Since the start of the war in Iran, the average retail home heating oil prices have jumped 42 per cent in most of Canada, sitting at $2.50 per litre this week.

The fees most Canadian banks charge their customers are hard to see or anticipate, and the associated costs can add up quickly over time, a new report says.