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business
US seizes virtual currency alleged to fund militant groups
WASHINGTON - The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, relied on to finan...
The Canadian Press
Aug 13, 2020
Budget watchdog says COVID-19 wage subsidy might cost less than predicted
OTTAWA - Canada's official fiscal watchdog says the federal wage subsidy program might cost $14 billion less than the government predicted. A new report today by Parliamentary Budget Office analy...
The Canadian Press
Aug 13, 2020
US budget deficit climbs to record $2.81 trillion
SILVER SPRING, Md. - The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetar...
The Canadian Press
Aug 12, 2020
US consumer prices rose 0.6% in July, matching June uptick
WASHINGTON - U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that the increase last month in its consumer price index matched a 0...
The Canadian Press
Aug 12, 2020
UK records deepest recession among top economies
LONDON - Britain has suffered the deepest recession among the world's top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of effor...
The Canadian Press
Aug 12, 2020
Sumner Redstone, who built media empire including CBS, dies
Sumner Redstone, who joined his family's drive-in movie chain in the 1950s and used it to build a vast media empire that included CBS and Viacom, has died. He was 97. Under his watch, Viacom became on...
The Canadian Press
Aug 12, 2020
Trudeau shuts down speculation Bill Morneau to be fired as finance minister
OTTAWA - Prime Minister Justin Trudeau tried Tuesday to shut down speculation that he's about to fire his finance minister, saying he has full confidence in Bill Morneau and that any reports to the co...
The Canadian Press
Aug 11, 2020
CRA launches updated CEWS calculator ahead of applications opening Monday
OTTAWA - The federal government has launched an updated calculator to help employers estimate what help they might receive from the next phase of the Canada Emergency Wage Subsidy. The calculator...
The Canadian Press
Aug 11, 2020
Japan tech giant SoftBank's profits rise on investments
TOKYO - Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares ...
The Canadian Press
Aug 11, 2020
Bumpy road ahead: UK bracing for big spike in unemployment
LONDON - The U.K. has kept a lid on its unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soar...
The Canadian Press
Aug 11, 2020
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U of R Rams season ends in Mitchell Bowl to Laval
2h ago
The Rams last appeared in the Vanier Cup in 2000.
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