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US Treasury buys time for Biden and GOP on debt limit deal

US Treasury buys time for Biden and GOP on debt limit deal

WASHINGTON (AP) — The countdown toward a possible U.S. government default began Thursday with Treasury implementing accounting measures as a stopgap, while frictions between President Joe Biden and House Republicans raise alarms about whether the U.
TD Bank Group says Charles Schwab investment will add $285M to bank's Q1 profit

TD Bank Group says Charles Schwab investment will add $285M to bank's Q1 profit

TORONTO — TD Bank Group says it expects its investment in the Charles Schwab Corp. will translate into reported equity in net income of about $285 million for the first-quarter of the bank's 2023 financial year.
Tips for saving at the grocery store as food inflation in sa¹ú¼Ê´«Ã½ continues to soar

Tips for saving at the grocery store as food inflation in sa¹ú¼Ê´«Ã½ continues to soar

Jim Dandy reads the grocery store flyers every week. It's a habit the 79-year-old retiree picked up in childhood and continued while raising three children during law school.
Surge of discount airlines making sa¹ú¼Ê´«Ã½'s pilot shortage worse: experts

Surge of discount airlines making sa¹ú¼Ê´«Ã½'s pilot shortage worse: experts

With their promise of cheaper fares and no unnecessary frills, a flurry of so-called discount airlines has burst onto the Canadian scene in the last few years.
Statistics sa¹ú¼Ê´«Ã½ says wholesale sales up 0.5 per cent in November at $83.8B

Statistics sa¹ú¼Ê´«Ã½ says wholesale sales up 0.5 per cent in November at $83.8B

OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion.
Fewer Americans file for jobless benefits last week

Fewer Americans file for jobless benefits last week

WASHINGTON (AP) — The number of people seeking unemployment benefits in the U.S.
Elon Musk depicted as liar, visionary in Tesla tweet trial

Elon Musk depicted as liar, visionary in Tesla tweet trial

SAN FRANCISCO (AP) — Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of “regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never
Postmedia announces plan to move 12 Alberta papers to digital-only, layoff staff

Postmedia announces plan to move 12 Alberta papers to digital-only, layoff staff

TORONTO — Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing, laying off workers and selling the home of the Calgary Herald.
TD says Barbara Hooper to lead Canadian business banking after current head retires

TD says Barbara Hooper to lead Canadian business banking after current head retires

TORONTO — TD Bank Group says its head of Canadian business banking Paul Douglas is stepping back from daily operations into the newly created position of chair of the division.
Job cuts in tech sector spread, Microsoft lays off 10,000

Job cuts in tech sector spread, Microsoft lays off 10,000

Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.