National Business

TORONTO — Canada's main stock index moved higher Wednesday after the Bank of Canada announced a highly anticipated interest rate cut, while U.S. markets rallied, with the Nasdaq gaining almost two per cent.

A group of southern Alberta ranchers are turning to the province's top court in a final bid to block applications for coal exploration in the Rocky Mountains.

CALGARY — As an outbreak of avian influenza in dairy herds south of the border continues to spread, Canadian officials say they are doing everything they can to protect this country's livestock industry.

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.

TORONTO — Canadian banks are lowering their prime rates after the Bank of Canada cut its benchmark rate for the first time in four years. Banks including RBC, TD, BMO, CIBC and Scotiabank have lowered their rates to 6.95 per cent from 7.

NEW YORK (AP) — Wall Street barreled to all-time highs as its frenzy around artificial-intelligence technology keeps sending stocks higher. The S&P 500 jumped 1.2% Wednesday to beat its record set two weeks ago.

TORONTO — A Pamela Anderson cooking show and a new docuseries from Bryan and Sarah Baeumler are among the homegrown highlights of Corus Entertainment’s TV plans, with the broadcaster’s content boss touting a focus on unscripted “Canadian content that

OTTAWA — The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making it the first central bank in the G7 to cut rates.

TORONTO — Real estate market analysts say the Bank of Canada's much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.

The NBA's deputy commissioner and chief operating officer says the league wants a strong federal regulatory framework for legalized gambling in the United States.