In January, the producer price index rose 0.4%, higher than expected, indicating potential easing of inflation pressures. Excluding food and energy, the core PPI was up 0.3%, in line with forecasts. Wall Street reacted positively to the report, though the Fed focuses more on the personal consumption expenditures prices index, which will be released later in February.
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1 man in custody following alleged stabbing near Moss Park
Toronto police are investigating an alleged stabbing near Moss Park that injured one man late Friday afternoon. A male victim was found with injuries near Sherbourne Street and Shuter Street at around 5:51 p.m. and was taken to a local hospital with life-threatening injuries. One male suspect is in custody as the investigation continues. Full Article
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