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Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

NEW YORK — Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month.
US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China.
Loblaw boycott organizer says she met with CEO to talk about grocery prices

Loblaw boycott organizer says she met with CEO to talk about grocery prices

One of the organizers of a month-long boycott of Loblaw-owned stores says she met with the grocer's president and CEO Per Bank on Thursday afternoon.
Three people arrested in Nova Scotia after search of suspected elver holding facility

Three people arrested in Nova Scotia after search of suspected elver holding facility

HALIFAX — The federal Fisheries Department says it arrested three people after executing a search warrant at a suspected holding facility for baby eels in southwestern Nova Scotia.
Music Review: Dua Lipa's 'Radical Optimism' is controlled dance pop

Music Review: Dua Lipa's 'Radical Optimism' is controlled dance pop

NEW YORK (AP) — In the chorus of “Whatcha Doing," the fifth track on Dua Lipa's latest album, she sings: “But if control is my religion / And I'm headed for collision / Lost my 20/20 vision," referencing the unexpected pull of a new partner.
Doug Liman, Matt Damon and the Afflecks made a heist comedy for Apple. 'The Instigators'

Doug Liman, Matt Damon and the Afflecks made a heist comedy for Apple. 'The Instigators'

Filmmaker Doug Liman realized quickly he wasn't on his home turf anymore. Matt Damon, who he’d directed in “The Bourne Identity” over 20 years ago, had recruited Liman for his new movie “The Instigators,” an action-comedy about a heist gone wrong.
Court appearance for country star Morgan Wallen in chair-throwing case postponed until August

Court appearance for country star Morgan Wallen in chair-throwing case postponed until August

NASHVILLE, Tenn. (AP) — An initial hearing for country music star Morgan Wallen was postponed Friday until August in a case in which he's accused of throwing a chair from the rooftop of a six-story bar and nearly hitting two police officers.
US employers scaled back hiring in April. How that could let the Fed cut interest rates

US employers scaled back hiring in April. How that could let the Fed cut interest rates

WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
Business insolvencies spike in first quarter, consumer insolvencies also rise

Business insolvencies spike in first quarter, consumer insolvencies also rise

OTTAWA — Business insolvencies surged 87.2 per cent year-over-year in the first quarter of 2024, while consumer insolvencies rose 14 per cent.
Google, Justice Department make final arguments about whether search engine is a monopoly

Google, Justice Department make final arguments about whether search engine is a monopoly

WASHINGTON (AP) — Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stak
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