National Business

WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate.

TORONTO — Across the bridge from B.C.'s Granville Island sits a building with 45 apartments atop a Subway restaurant and nail salon. While the Lex might look similar to its neighbours, its soon-to-be investors are hardly the norm.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.

WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.

TORONTO — The chief executive of Canadian Imperial Bank of Commerce is expecting the country to soon experience an economic boost as more people become fully vaccinated against COVID-19. "Our neighbours to the south...

NEW YORK (AP) — Lawrence Block has followed many paths during his long career. “With not a few dead end roads among them,” notes the mystery novelist.

NEW YORK (AP) — The Metropolitan Opera would be able to cut the fees of its highest-paid individual singers by 12.7% under a pending four-year contract with the American Guild of Musical Artists.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,745.47, up 181.35 points.) Suncor Energy Inc. (TSX:SU). Energy. Up nine cents, or 0.32 per cent, to $27.98 on 14.6 million shares.

Jae Anthony has experienced first-hand how raising capital can be an inequitable process for Black Canadians.

TORONTO — Canada's main stock index outpaced U.S. markets and pushed further into record territory amid a broad-based rally helped by the commodities sector. The S&P/TSX composite index closed up 181.35 points to 19,745.