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Stock market today: Wall Street slumps to worst day in weeks; bitcoin touches record before tumbling

Stock market today: Wall Street slumps to worst day in weeks; bitcoin touches record before tumbling

NEW YORK (AP) — Big Tech stocks pulled Wall Street down to its worst day in three weeks. The S&P 500 fell 1% Tuesday, its second straight drop after closing last week at an all-time high.
Bitcoin briefly touches all-time high before retreat

Bitcoin briefly touches all-time high before retreat

TORONTO — Bitcoin briefly touched an all-time high Tuesday of more than US$69,000 before losing thousands of dollars of value within hours.
Business insolvencies leap higher in January from a year earlier, led by bankruptcies

Business insolvencies leap higher in January from a year earlier, led by bankruptcies

TORONTO — The mid-January deadline for businesses to qualify for partial forgiveness of pandemic loans likely played a major role in driving up business insolvencies that month, said the Canadian Federation of Independent Business.
Labour bills expected to be on the agenda as Manitoba legislature resumes

Labour bills expected to be on the agenda as Manitoba legislature resumes

WINNIPEG — Manitoba's NDP government is expected to put forward changes sought by labour groups, likely including a ban on replacement workers, as part of its agenda for the spring sitting that is to start Wednesday.
N.S. government spending outside budget process loses millions in interest: auditor

N.S. government spending outside budget process loses millions in interest: auditor

HALIFAX — Nova Scotia's auditor general says the province's spending outside the regular budget process lacks oversight and is costing the government millions of dollars in interest.
Facebook, Instagram, Messenger and Threads logins restored after widespread outage

Facebook, Instagram, Messenger and Threads logins restored after widespread outage

A technical issue caused widespread login issues for a few hours across Meta's Facebook, Instagram, Threads and Messenger platforms Tuesday.
Financial watchdog Fintrac hit by cyberattack, classified systems not involved

Financial watchdog Fintrac hit by cyberattack, classified systems not involved

TORONTO — Canada's financial intelligence agency says it has been hit by a cyberattack.
B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

TORONTO — Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.
Toronto home sales up in February from last year as consumers eye rate cuts

Toronto home sales up in February from last year as consumers eye rate cuts

TORONTO — Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. Sales were up 17.
Canada lags behind peer countries on female representation in management: report

Canada lags behind peer countries on female representation in management: report

OTTAWA — Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, said the Canadian Chamber of Commerce.