Tag: Record

US jobless claims surge to record 6.6 MILLION amid coronavirus lockdown

Over 6.6 million Americans filed for unemployment benefits for the week ending March 28. The number of claims has grown by over 3.3 million since the previous week. The released figures are much higher than forecasts cited by various media, as economists expected the number of claims to stand at around four million. “In the…

CP and CN Rail move record 15.4 million tonnes grain in fourth quarter

CALGARY – Canada’s two largest railways moved a record 15.4 million tonnes of grain in the final three months of 2019. Calgary-based Canadian Pacific set a new quarterly record by moving 7.9 million tonnes of grain and grain products. That’s up from 7.5 million tonnes a year earlier and 100,000 tonnes more than Canadian National…

S&P/TSX composite hits record close, U.S. stock markets also higher

TORONTO – Canada’s main stock index moved up to hit a record close, while three indexes in New York all set new highs for the second consecutive day. The S&P/TSX composite index advanced 54.40 points to 17,118.44, after going as high as 17,166.02 in earlier trading. It broke a previous closing record of 17,114.52 set…