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First-time ‘RV curious’ travellers driving up domestic demand for recreational…
Ramsey Sayah isn't the camping type. "I'm usually the kind of guy who books a flight and goes to vacation down south or to the U.S. or Europe," said the 46-year-old owner of Texture Hair…
S&P 500 ends up in choppy action after Trump comments on China
(Reuters) - The S&P ended a choppy session higher on Friday after President Donald Trump made comments on China that were less worrisome for the U.S. economy than investors apparently…
Laurentian Bank cuts dividend by 40%
Laurentian Bank slashed its dividend by 40 per cent on Friday, the first such move by a major Canadian lender in almost three decades. The Montreal-based lender said Friday its profit…
Oil prices fall as U.S. fuel demand remains weak
FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian HartmannSINGAPORE (Reuters) - Oil prices edged lower on…
Number of Americans on jobless benefits inches down for 1st time since pandemic began
The number of Americans continuing to receive government jobless benefits declined in the week ending May 16 for the first time since COVID-19 struck, even as millions of people continue…
Home trading triggers bank ‘black hole’ surveillance alerts
LONDON (Reuters) - Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug…
TD Bank profit falls to $1.5B as loan loss provisions spike
Toronto-Dominion Bank said its profits fell by half as the amount of money it set aside to cover bad loans rose by 400 per cent, continuing a trend seen at other lenders this quarter.…
Moderna rally loses steam over COVID-19 vaccine worries
FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18,…
Housing market will feel effect of COVID-19 until 2022, CMHC says
Canada's national housing agency says the number of new homes being built and sold will remain below the levels they were at before COVID-19 until 2022 at least, and prices won't get back…
China’s GAC keeps target of 3% sales growth despite coronavirus pressure
FILE PHOTO: A man walks past the logo of Chinese automobile maker GAC Group at the company headquarters in Guangzhou, Guangdong province, China October 24, 2019. REUTERS/Yilei SunBEIJING…