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Fed holds rates near zero, says economy has gotten better even with pandemic worries

The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite…

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Business

StatCan data shows youth unemployment rates have risen during the COVID-19 pandemic

HALIFAX — New data from Statistics Canada shows that while youth unemployment has risen during the COVID-19 pandemic, finding full-time…

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Business

MDA gets $35.3 million contract from Canadian Space Agency for Canadarm 3 components

The Canadian Space Agency has awarded a contract worth $35.3 million to MDA Ltd. to design a key component of…

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Business

Stock futures hold steady ahead of a huge week of Big Tech earnings

Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures opened little…

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Business

Massive internet outage briefly takes down corporate sites

A sweeping internet disruption on Thursday briefly took out a wide range of major corporate websites — from FedEx and…

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Business

U.S. jobless claims show surprise gain, well above expectations

Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong…

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Europe

Guards freed after hostage-taking by inmates at Swedish prison

Two prison guards taken hostage at a penitentiary outside the Swedish city of Eskilstuna by two men convicted of serious…

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Business

Bezos, under fire for ‘you guys paid for all this’ remark, donates US$200 million

NEW YORK — The world’s richest man wanted to say thanks to the people who made his brief trip into…

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Business

How ‘Black Owned Toronto’ went from an Instagram page to opening its first store

TORONTO — It’s been a whirlwind year for Kerin John since she created the “Black Owned Toronto” Instagram page last…

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Business

It’s official: The Covid recession lasted just two months, the shortest in U.S. history

Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S.…

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