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The U.S. Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.
The Canadian real estate market has been sluggish since last year, when prospective buyers started putting off plans to purchase homes as the Bank of Canada aggressively hiked interest rates eight consecutive times. But realtors see many edging toward a purchase once more.
The Bank of Canada says it's still concerned inflation might be harder to bring down than expected, noting the economy is still in excess demand. The central bank published a summary Wednesday on the governing council's deliberations ahead of its decision to hold its key interest rate steady on March 8.
Toronto business owner Jason Logan makes ink from natural products that he forages himself -- a practice that is centuries old.
When Ai Weiwei opens his new show in April, visitors will encounter a familiar scene at London's Design Museum: Claude Monet's famed water lilies. But the monumental recreation is made from the studs of Lego bricks — a whopping 650,000 of them.
An animal rescue situation has turned into a unique friendship for a New Brunswick man and his new friend Peanut, a grey squirrel.
Willis Reed, who dramatically emerged from the locker room minutes before Game 7 of the 1970 NBA Finals to spark the New York Knicks to their first championship and create one of sports' most enduring examples of playing through pain, died Tuesday. He was 80.
Three-time defending champion Switzerland remained undefeated at the women's world curling championship with a 7-6 win over Canada in Tuesday's afternoon draw.
The NCAA changed its setup for the women's tournament this season, trimming the traditional four regional sites to two. Seattle and Greenville -- a city of 71,000 in South Carolina about halfway between Atlanta and Charlotte, North Carolina -- will each host eight teams before sending the winners on to Dallas for the Final Four.
The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday it will stop making the current generation early next year.
U.S. auto safety regulators are investigating complaints from Honda Civic drivers that their steering can stick, causing a momentary increase in effort and increasing the risk of a crash.
The 2023 Challenger SRT Demon 170 will deliver 1,025 horsepower from its 6.2-litre supercharged V-8, and the automaker says it will be the quickest production car made.