Stocks mixed as oil spikes

Stocks were mixed Thursday, as a nearly $6 spike in oil prices lifted energy stocks, but dragged on many other areas of the market.
The […]

Wall St’s losses might give it a tax holiday: mayor

Some Wall Street companies might not resume paying New York City taxes for “a number of years” because they can offset future profits with […]

Once punch bowl-monitor, Fed now designated driver

Once, the Federal Reserve’s job was to take away the punch bowl when the party got going.
Now, central bank policy-makers are acting like parents […]

Loonie Loses Currency Wings as Canada Hurt by U.S.

Currency traders are beginning to realize that for all its riches in oil, copper and lumber, Canada's economy may not be so different than […]

Ecuador's Correa Says Inflation Decelerated Again in July

Ecuador's president, Rafael Correa, said inflation in the South American country decelerated again in July, helped by food and energy subsidies.
Correa in his […]

Wholesale trade down for second quarter

OTTAWA – Wholesalers recorded a second straight quarterly sales decline despite a modest rebound in March.
Statistics Canada reports wholesale sales increased by about […]

Canadians may alter travel patterns over fuel surcharges

MONTREAL–Canadians may vacation closer to home this summer as soaring gas prices for their cars and new airline fuel surcharges prompt a change in […]

New transit lines will drive house prices

The proposed expansion of the Toronto Transit Commission’s Spadina line to Vaughan will be a major catalyst to population growth, driving up resale values by […]

Marvel boosts outlook on Iron Man opening

NEW YORK – "Iron Man" turned out to be a $100 million man during its opening weekend and Marvel Entertainment on Monday boosted its […]

American grounds 1,000 more flights

 
DALLAS–American Airlines cancelled more than 1,000 flights yesterday, more than a third of its schedule, as it spent a second straight day inspecting the […]