Tag Archives: business

WASHINGTON - The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spendi...

LONDON - British Prime Minister Boris Johnson said Friday that the U.K. must prepare for a no-deal break with the European Union unless there is a "fundamental" change of position from the bloc, as th...

BERLIN - Europe's aviation regulator is closing in on a decision to allow the Boeing 737 Max to return to the air after it was grounded worldwide following two deadly crashes, according to a report Fr...

NEW YORK - Retail sales rose strongly in September, the fifth straight month of growth, as Americans spent more on clothing, cars and sporting goods. U.S. retail sales jumped 1.9% last month, the U.S....

OTTAWA - The employment insurance system absorbed almost 1.3 million people in the last three weeks, new figures show, as a key COVID-19 benefit wound down.A breakdown of applications for the simplifi...

WASHINGTON - U.S. industrial production fell 0.6% in September, the weakest showing since spring and a sign that the economy's recovery from the pandemic recession may be faltering just as confirmed v...

NEW YORK - Instead of the expected debate between President Donald Trump and Democrat Joe Biden, television viewers were left Thursday with what ABC's David Muir called "split-screen America." Biden p...

Coronavirus cases around the world have climbed to all-time highs of more than 330,000 per day as the scourge comes storming back across Europe and spreads with renewed speed in the U.S., forcing many...

LONDON - British Prime Minister Boris Johnson's new strategy for combating COVID-19 seemed to unravel Wednesday as regional leaders chose their own paths and the mayors of the cities facing the toughe...

TORONTO - Eli Shimonov's lunch spot reopened after the first COVID-19 shutdown in July, but without the usual hordes of office workers making their way through Toronto's underground pedestrian network...