National Business

OTTAWA — The federal government posted a $5.5-billion deficit during the first nine months of its 2022-23 fiscal year. In its monthly fiscal monitor, the Finance Department says the result compared with a deficit of $70.

TORONTO — TD Bank Group says it has received all of the regulatory approvals required under its deal to buy U.S. investment bank Cowen Inc. The bank expects to close the acquisition on March 1, subject to other customary closing conditions.

WASHINGTON (AP) — The U.S. announced a new round of sanctions on Russian firms, banks, manufacturers and people Friday, aiming them at entities that helped Russia evade sanctions earlier in the year-old war against Ukraine .

WASHINGTON (AP) — The Federal Reserve's preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S.

THE HAGUE, Netherlands (AP) — A “people’s court” without legal powers has confirmed an indictment against Russian President Vladimir Putin for the crime of aggression in Ukraine and called for his arrest.

OTTAWA — After a steep and rapid climb in prices, Canada's inflation rate is expected to fall significantly this year, giving comfort to economists worried about untamed price growth but little relief to Canadians who have fallen behind.

NEW YORK (AP) — FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy ”savior of the cryptocurrency industry" —

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,188.19, down 5.14): Suncor Energy Inc. (TSX:SU). Energy. Up 89 cents, or 2.01 per cent, to $45.24 on 16.3 million shares.

GATINEAU, Que. — Federal and several provincial privacy authorities say they will jointly investigate TikTok

TORONTO — Canada's main stock index ended the day largely unchanged as strength in the energy sector was offset by softness in other sectors, while U.S. markets rose. The S&P/TSX composite index was down 5.14 points at 20,188.19.