Tag Archives: business

WASHINGTON - Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic. The Commerce Department reported Tuesday that new home...

OTTAWA - William Francis Morneau leaves federal politics as suddenly as he burst onto the Ottawa scene less than five years ago. In November 2015, the newly elected Liberal member for Toronto Cen...

OTTAWA - William Francis Morneau leaves federal politics as suddenly as he burst onto the Ottawa scene less than five years ago. In November 2015, the newly elected Liberal member for Toronto Centre b...

OTTAWA - The only finance minister to serve under Prime Minister Justin Trudeau suddenly resigned Monday night, saying someone else should guide the country through a long and bumpy economic recovery ...

WASHINGTON - American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck. The Federal Reserve r...

WASHINGTON - Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests that sales are weakening with the expiration of governme...

SILVER SPRING, Md. - U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the government started tracking the data ...

OAKLAND, Calif. - Beginning Thursday, U.S. Facebook users who post about voting may start seeing an addendum to their messages -- labels directing readers to authoritative information about the upcomi...

WASHINGTON - The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, relied on to finan...

OTTAWA - Canada's official fiscal watchdog says the federal wage subsidy program might cost $14 billion less than the government predicted. A new report today by Parliamentary Budget Office analy...