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US new-home sales climbed 7.9% in January

US new-home sales climbed 7.9% in January

WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
Virus outbreak stalks markets as 2020 gains get wiped out

Virus outbreak stalks markets as 2020 gains get wiped out

LONDON — Global shares fell sharply once again Wednesday as fears over the speed of the new coronavirus around the world accentuated.
China sentences Swedish bookseller to 10 years in prison

China sentences Swedish bookseller to 10 years in prison

BEIJING — A court in eastern China has sentenced a Swedish seller of books that took a skeptical look at the ruling Communist Party to 10 years in prison for “illegally providing intelligence overseas," in a further sign of Beijing’s hard line toward
Labour Board rules Foodora couriers are dependent contractors, eligible for union

Labour Board rules Foodora couriers are dependent contractors, eligible for union

TORONTO — The Ontario Labour Relations Board has ruled that Foodora couriers are dependent contractors of the food-delivery company, clearing a hurdle towards potential unionization and setting a major precedent for other workers in the gig economy.
Advocates say Canada's telecom prices still too high for low income consumers

Advocates say Canada's telecom prices still too high for low income consumers

GATINEAU, Que. — An advocate for low income consumers told a CRTC hearing Tuesday that Canada's telecom companies are using "magic math" that exaggerates how much their mobile data prices have dropped in recent years.
Coronavirus poses tough challenge for economic policymakers

Coronavirus poses tough challenge for economic policymakers

WASHINGTON — The fast-moving coronavirus isn’t just confounding health officials.
TSX has worst day since 2015 in bloodbath on concerns about coronavirus

TSX has worst day since 2015 in bloodbath on concerns about coronavirus

TORONTO — Canada's main stock index suffered its worst day in four-and-a-half years as it fell by triple digits for a third straight day amid growing concerns about the impact of the novel coronavirus outbreak.
Air Canada scrubs all flights to China until April 10 due to coronavirus

Air Canada scrubs all flights to China until April 10 due to coronavirus

MONTREAL — Air Canada is extending its cancellation of all flights between Canada and China to April 10 due to the novel coronavirus epidemic, following the lead of its U.S. counterparts.
Analysts agree Canadian energy projects more difficult to get to completion

Analysts agree Canadian energy projects more difficult to get to completion

CALGARY — Long pipeline routes that cross provincial and Indigenous territorial boundaries are part of the reason that Canada is a more difficult place than the U.S. to build major energy projects, according to American analysts.
Feds warned agricultural sector near 'tipping point' due to blockades

Feds warned agricultural sector near 'tipping point' due to blockades

OTTAWA — The Canadian Federation of Agriculture called for "decisive action" from the federal government Tuesday as it warned that rail blockades across the country were causing critical supply shortages for farmers and hurting their ability to get p