Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:18
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:46
Toronto home prices rise in May as sales jump 20%
By Fergal Smith TORONTO Greater Toronto Area (GTA) home prices increased in May from April and sales rose
2023-06-02 17:20
Lululemon Earnings Beat Estimates as Upscale Demand Holds Up
Lululemon Athletica Inc. jumped after posting better-than-expected profit and sales in the first quarter and projecting full-year results
2023-06-02 05:51
Brazil posts record trade surplus in May on surging exports
BRASILIA Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since
2023-06-02 03:22
Leeds owner offered Elland Road as collateral in Sampdoria takeover
Report reveals how Leeds owner Andrea Radrizzani could use Elland Road to help fund takeover of another club.
2023-06-02 02:23
GQG’s Jain Bets Adani Group Will Thrive With or Without Modi
Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and
2023-06-02 00:29
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:15
Canada's slowing home building is bad news for buyers and Trudeau
By Fergal Smith and Steve Scherer TORONTO Canada's residential construction activity has slowed in recent months due to
2023-06-01 18:20
South Korea exports fall for 8th straight month as chip slump continues
SEOUL South Korea's exports fell for an eighth straight month in May in annual terms, although less than
2023-06-01 09:24
Franklin Templeton to Buy Putnam as Desmarais Family Exits
Franklin Resources Inc. is buying Putnam Investments in a deal that unites two established asset management firms and
2023-06-01 04:16
Equinor Delays Canadian Offshore Oil Project as Costs Rise
Equinor ASA has delayed by as many as three years its controversial Bay du Nord project due to
2023-06-01 01:49