Canada Jobless Rate Hits 3-Year High to 7.3 Percent
Montreal — Canada’s unemployment rate posted a surprise increase last month as the nation continues to struggle with the impact of lower oil prices. The unemployment rate climbed to 7.3 percent in February, the highest since March 2013, following a 7.2 percent rate a month earlier and up from as low 6.6 percent last year, Statistics Canada said Friday from Ottawa. Employers eliminated a net 2,300 jobs, including more than 50,000...
Stocks Fall on Greek Debt Talks
New York — U.S. stocks fell Friday, with the Standard & Poor’s 500 index little changed for the week, amid growing concern Greece won’t reach a debt deal with its creditors in time to avoid default. Energy shares retreated 1.2 percent as oil declined for a second day. Cisco Systems and Intel lost at least 1.1 percent to pace a slide among technology companies. Eli Lilly dropped 2.8 percent to lead health-care companies lower....
