Skip to content
9.0 °Cforecast >
Mist

National Business

US new-home sales fell 11.4 per cent in April, most in 2 yrs

US new-home sales fell 11.4 per cent in April, most in 2 yrs

WASHINGTON — U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department says new-home sales skidded 11.4 per cent in April to a seasonally adjusted annual rate of 569,000.

Labour report recommends unpaid personal emergency leave for Ontario workers

TORONTO — A report commissioned by the Ontario government recommends all employees be granted a week of unpaid personal emergency leave a year.

Lumber exports help push March wholesale sales above $60 billion for first time

OTTAWA — Statistics Canada says wholesale sales were up 0.9 per cent in March, surpassing the $60 billion mark for the first time. Total Canadian wholesale sales for that month reached $60.
Trump administration sending Congress $4.1 trillion budget

Trump administration sending Congress $4.1 trillion budget

WASHINGTON — President Donald Trump is sending Congress a $4.1 trillion spending plan that relies on faster economic growth and steep cuts to programs supporting low-income individuals to balance the government's books over the next decade.
Hong Kong police arrest 21 Uber drivers in latest crackdown

Hong Kong police arrest 21 Uber drivers in latest crackdown

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre .
Hasbro to hold first-ever convention for company's brands

Hasbro to hold first-ever convention for company's brands

PROVIDENCE, R.I. — From G.I. Joe to My Little Pony, toy maker Hasbro says it's holding the first-ever convention to bring all of its brands together.
Lawsuit: Fyre music fest more 'Hunger Games' than Coachella

Lawsuit: Fyre music fest more 'Hunger Games' than Coachella

LOS ANGELES — Litigation is piling up like bonfire kindling against organizers of the Fyre Festival that flamed out in a fiasco.

Most homeowners would have mortgage trouble if payments rose by more than 10%: poll

TORONTO — Nearly three quarters of Canadian homeowners say they would have difficulty paying their mortgage if their payments were to increase by more than 10 per cent, says a new survey by Manulife Bank.
The Latest: Trump budget slashes safety-net programs

The Latest: Trump budget slashes safety-net programs

WASHINGTON — The Latest on President Donald Trump's budget for the fiscal year beginning Oct. 1 (all times local): 9 p.m. The Trump administration budget would sharply cut safety net programs for the poor. President Donald Trump is proposing a $4.
Trump's $4.1T budget relies on deep domestic cuts

Trump's $4.1T budget relies on deep domestic cuts

WASHINGTON — President Donald Trump's proposed $4.