OTTAWA - The global economic upheaval is slowing growth in Canada, but Bank of Canada governor Mark Carney doesn't believe the country faces the pros...
Canadians' confidence in the economy has been deeply shaken in the wake of the U.S. credit downgrade and the stock market ups and downs that followed,...
Starbucks Corp. Chief Executive Officer Howard Schultz urged other CEOs to stop donating to U.S. political campaigns to encourage leaders to solve the...
World markets have entered a "new danger zone", the president of the World Bank has warned. Robert Zoellick said investors had lost confidence in the ...
Despite the hysteria that the downgrade of US debt would lead to US funding costs rising and Treasuries crashing, instead we've had stocks crashing an...
TORONTO - The Canadian dollar was lower Wednesday as traders reckon that a commitment by the U.S. Federal Reserve to keep interest rates ultra-low for...
Global markets were in freefall for the 10th straight trading day Tuesday, as Asian and European commodity indices plunged on inflation and debt conce...
TORONTO - Canadians could see a rise in unemployment as businesses scale back growth plans if the United States heads back into recession, analysts sa...
BRASILIA, Brazil - The president of Brazil says she and Prime Minister Stephen Harper don't agree with Standard & Poor's decision to downgrade the cre...
NEW YORK, N.Y. - Oil prices fell over $3 to near US$83 a barrel Monday after Standard & Poor's downgraded the U.S.'s credit rating — a blow to confi...
OTTAWA - North American markets are likely to face more selling pressure today following a downgrade in the United States' credit rating and a worseni...
WASHINGTON - Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting i...