Tag Archives: business

LOS ANGELES - TikTok celebrities Bryce Hall and Blake Gray are facing criminal charges after they hosted recent parties in the Hollywood Hills despite the city's ban on large gatherings during the cor...

OTTAWA - The federal government ran a deficit of $120.4 billion during the first three months of its 2020-2021 fiscal year as the treasury pumped out aid to cushion the impact of the COVID-19 pandemic...

OTTAWA - Statistics Canada will report this morning how the national economy fared in the second quarter of 2020, which is widely expected to show the steepest drop on record due to the COVID-19 pande...

TOKYO - Japan's longest-serving prime minister, Shinzo Abe, said he is stepping down because a chronic health problem has resurfaced. He told reporters Friday that it was "gut wrenching" to leave many...

OTTAWA - A major global credit rating agency is issuing a new warning about federal debt that it says may become more difficult to tackle once the pandemic passes. Fitch Ratings downgraded Canada...

OTTAWA - The head of the Bank of Canada made an international pitch to his fellow central bankers on Thursday to forge closer ties with average citizens to manage economic expectations through the pan...

SILVER SPRING, Md. - More Americans signed contracts to buy homes in July, suggesting the current hot housing market could continue in the fall. The National Association of Realtors said Thursday that...

WASHINGTON - Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other...

BALTIMORE - The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the viral pandemic, the government estimated Thursday. It was ...

NEW YORK - The energy industry braced Wednesday for catastrophic storm surges and winds as Hurricane Laura cuts a dangerous path toward the coastlines of Texas and Louisiana. Oil and gas producers hav...