The U.S. Federal Reserve has boosted a key interest rate, and signalled there are more hikes to come, as new chair Jerome Powell oversaw his first monetary policy decision since he took over in February.
Breaking five days of silence, Facebook CEO Mark Zuckerberg apologized for a “major breach of trust,” admitted mistakes and outlined steps to protect user data in light of a privacy scandal involving a Trump-connected data-mining firm.
Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion US if he meets lofty milestones over the next decade.
Video of a deadly self-driving vehicle crash in suburban Phoenix shows a pedestrian walking from a darkened area onto a street just moments before an Uber SUV strikes her.
Interest rate hikes south of the border usually foretell the same fate for over-mortgaged Canadians. But the gloomy news from the U.S.’s new central banker yesterday was overshadowed by reports of a possible breakthrough in NAFTA negotiations.
CBC News interviewed eight people across Canada who say they’ve each had more than 100,000 points stolen from their online rewards accounts after Loblaws merged its two rewards programs — PC Plus and Shoppers Optimum — to form PC Optimum on Feb. 1.
Donald Trump is set to sign a presidential memorandum on Thursday that will give trade officials two weeks to come up with a list of Chinese-made products on which to put tariffs, with the goal of slapping $50 billion in punitive damages on a country the U.S. says doesn’t trade fairly.
Alberta became the first province in Canada to adopt a sales tax in 1936 and the first province to repeal a sales tax in 1937. We’ve been without a PST ever since, but have never stopped talking about bringing one back.
Quebec-based manufacturer Dorel Industries Inc. has incurred a $4.9-million bad debt expense because of Toys “R” Us winding down its U.S. business and liquidating its inventory.
Stock markets in North America and Europe sank into the red Thursday amid the threat of a global trade war and more selling pressure on Facebook shares