U.S. deficit tops $1 trillion for first time

WASHINGTON – Nine months into the fiscal year, the federal deficit has topped $1 trillion (U.S.) for the first time ever.
The imbalance is […]

Change incremental for minority contractors in decade since highway shutdown

St. Louis — The news conference was meant to decry the lack of minority contractors on a bridge project, but it fell into disarray […]

Bank of America and Chase will switch some fixed-rate cards to variable rates

NEW YORK — Your credit card debt may soon get a lot more expensive.
Two of the biggest issuers in the nation — Bank […]

Housing more affordable in Toronto, study finds

The Toronto housing market looks to have avoided the "painful crash" that some had feared, with affordability of homes making some of the biggest quarterly […]

Some top stock picks

The mutual fund managers listed below are skeptical that consumer spending will rebound anytime soon, but they still like some consumer stocks. Here are […]

GM in talks that may leave Magna alone at the altar

ROME–As General Motors and auto-parts giant Magna International struggle to conclude a deal for Opel, GM is talking with other potential buyers in a bid […]

Scotiabank commodity index rallies

Scotiabank's Commodity Price Index, led by oil and gas, rallied 2.2 per cent in May from an April trough that was 45 per cent […]