Tag Archives: business

OTTAWA - The unemployment rate in Canada nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February, Statistics Canada said Friday. The agency said th...

TORONTO - Finance Minister Bill Morneau says the federal government will soon announce support for Canadians who have to be quarantined in order to prevent the spread of the new coronavirus. He also s...

The economic affects of the coronavirus have preceded the spread of the virus itself, with financial markets swinging wildly, companies closing offices or asking employees work from home in affected a...

VIENNA - The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global business from the coronavirus slashes demand from air travel and ind...

OTTAWA - Lush Cosmetics has launched a campaign calling on people to pressure the Canadian Parliament to back out of an agreement with the U.S. that governs refugee claims in both count...

WASHINGTON - The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the viral outbreak deepens. Mortga...

HONOLULU - A spate of cancelled events and falling visitor numbers from abroad indicate the economic impact Hawaii is experiencing due to the spread of the virus that causes the disease called COVID-1...

NEW YORK - And back down goes the U.S. stock market. The S&P 500 sank more than 2% in early trading Thursday as the market swung back to fear about the effects of a fast-spreading virus in its lat...

SEATTLE - Starbucks is stopping the use of reuseable cups and is halting business travel to combat the spread of the novel coronavirus. The coffee chain is also ramping u...

OTTAWA - Canadians can expect more disruptive protests if the federal government pushes forward with the Trans Mountain pipeline expansion against the wishes of some of the Indigenous communities it w...