Tag Archives: business

BALTIMORE - U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery. ...

FRANKFURT - The European Central Bank hit pause Thursday after deploying massive stimulus measures in recent weeks and urged government leaders to do their part by agreeing on an EU-wide fund to suppo...

BEIJING - China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns wer...

MIAMI - California, Arizona, Texas and Florida together reported about 36,000 new coronavirus cases Wednesday as restrictions aimed at combating the spread of the pandemic took hold in the United Stat...

ATLANTA - President Donald Trump announced Wednesday that he is rolling back a foundational Nixon-era environmental law that he says stifles infrastructure projects, but that is credited with keeping ...

OTTAWA - The Bank of Canada will keep its key interest rate at 0.25 per cent until the national economic picture improves, which governor Tiff Macklem said Wednesday will take "a long time."...

BRUSSELS - A European Union court on Wednesday delivered a hammer blow to the bloc's attempts to rein in multinationals' ability to strike special tax deals with individual EU countries when it ruled ...

OTTAWA - The federal government's key emergency benefit for workers with jobs hit by the pandemic is "not a permanent solution" to ongoing hardships, a Senate committee says in a report that make...

As pressure mounts for professional sports teams to shed racist or stereotypical names, experts believe the Canadian Football League's Edmonton Eskimos will soon announce a name change. On Monday, the...

WASHINGTON - The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut...