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Shrinking economy and rate cuts as COVID cases surpass 4,000 in Canada
TORONTO - A shrivelling economy, sharply higher federal deficit and lower interest rates are among the fallout of the COVID-19 pandemic as the steadily growing case load of infections in Canada surpas...
Mar 27, 2020
Let's race 2? NASCAR forced to consider schedule shakeup
It was bump day for the Indy 500. The Indianapolis 500 is now a summer event. The Monster Mile could be set for a monster-sized NASCAR weekend spectacle of racing. And a supersized shakeup of the sche...
Mar 27, 2020
Barcelona to reduce payroll during coronavirus stoppage
BARCELONA, Spain - Barcelona will reduce the salaries of its players amid the coronavirus outbreak. The Spanish club said late Thursday that its executive board decided to temporarily suspend player c...
Mar 27, 2020
Bank of Canada cuts key interest rate target to 0.25 per cent
OTTAWA - The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement.In a statement on its website, the central bank says its ...
Mar 27, 2020 Bank of Canada -- The Canadian Press
US consumer spending up modest 0.2% in February
WASHINGTON - Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by...
Mar 27, 2020
Stocks open lower on Wall Street following a big 3-day rally
NEW YORK - Stocks are opening lower on Wall Street as the market gives back some of the gains it piled up over the past three days. Major indexes are down about 3% in early trading Friday. The S&P...
Mar 27, 2020
Bank of Canada cuts key interest rate target to 0.25 per cent
OTTAWA - The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. In a statement on its website, the centra...
Mar 27, 2020
The latest developments on COVID-19 in Canada
The latest news on the COVID-19 global pandemic (all times Eastern): 8:40 a.m. Hamilton police say they've charged a teenage fast-food employee after she allegedly faked a doctor...
Mar 27, 2020
Service Canada offices to shutter for in-person services over COVID-19 concerns
OTTAWA - The federal government is shutting down the network of in-person Service Canada centres over COVID-19 concerns.Some of the offices, such as one tucked inside Ottawa's city hall, have already ...
Mar 27, 2020 Service Canada - The Canadian Press
British Prime Minister Johnson tests positive for virus
LONDON - British Prime Minister Boris Johnson has tested positive for the new coronavirus. Johnson's office says he was tested after showing mild symptoms, Downing St. says Johnson is self-isolating a...
Mar 27, 2020