Budget deficit slips to $1.28T; red ink continues

After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget deficit. It’s projected […]

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It’s almost as though this week’s market chaos never even happened.
A big rise in the TSX S&P Composite index Thursday put it past last week’s […]

Consumers paid more for autos and clothes in June

Consumer prices fell last month for the first time in a year because of a steep drop in gas costs. But Americans paid more for […]

Report: American Airlines to replace US fleet

American Airlines is in talks with aircraft manufacturers Airbus and Boeing Co. to purchase at least 250 aircraft in a deal valued at about $15 […]

Internet minders OK major increase in domain names

Internet minders voted Monday to allow virtually unlimited new domain names based on themes as varied as company brands, entertainment and political causes, in the […]

Labour market changes creates disparity

Armed with a chemical engineering degree from the University of Toronto, Andy Xue thought it would be easy to find work.
Little did he know that […]

NTSB: Loose rivets found in plane with hole

Investigators say they found rivet holes that were too big and appear to be misshapen from wear in a Southwest Airlines jet that peeled open […]

Apple soars on strong iPhone sales

Apple Inc. on Wednesday reported another exceptional quarter, nearly doubling its net income and far exceeding analysts’ estimates on the strength of the seemingly unstoppable […]

Shutdown talks yield no deal as clock ticks

Time growing short, President Barack Obama and congressional leaders failed to reach agreement Thursday night on a compromise to cut spending and head off a […]

Philippines May Raise $4.6 Billion to Help Fund Roads, Rails - Bloomberg

The Philippines plans to raise as much as 200 billion pesos ($4.6 billion) from state-run financial institutions to help fund roads, railways and ports, Economic […]