S&P 500, Nasdaq slip amid hawkish Fed, sticky inflation signs

US stocks finished mixed Friday as investors pointed to a continued risk-off tone, with energy underperforming. The S&P 500 (^GSPC) slumped by 0.2%, while the Dow Jones Industrial Average (^DJI) added 0.4%, recovering from early-session losses. The technology-heavy Nasdaq Composite (^IXIC) declined by 0.6%. The yield on the benchmark 10-year US Treasury note ticked down ... Read More

Canadian workers could see up to $305 drop in pay in January

In less than two weeks, Canadian workers could notice up to $305 less on their annual take-home pay. Thanks to an increase in payroll deductions beginning in 2023 (yes, that’s in 11 days), every employed Canadian will see their paychecks impacted, even if their employer decides to make up the difference, said the Canadian Federation ... Read More