CBC Business News

Party City is reportedly closing all of its stores across the U.S. — but the party supplies chain's Canadian stores will continue to operate.

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant's unfair treatment of its employees.

Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric.

The fight for better jobs at Canada Post continues after a federal back-to-work order ended the roughly one-month strike, but the government has made it more difficult, a local union president says.

Tariffs are a hot topic these days. But could they help cool the planet? Many countries are discussing carbon tariffs or carbon border adjustments as a way to protect their competitiveness while fighting climate change. Here's a closer look.

The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank's two per cent target.

The U.S. Supreme Court decided on Wednesday to hear a bid by TikTok and its China-based parent company ByteDance to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds.

In Europe, Christmas tree prices have been falling for the better part of the last decade — in stark contrast to Canada. Why?

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year as Canada added its largest share of purpose-built rental supply in over three decades.

Canada plans to impose tariffs on a slew of Chinese products starting as early as next year, the government's fiscal update says — part of the federal government's wider investigation into imports from China.

The Canadian dollar dipped below $0.70 US on Tuesday, the first time it has done so since the onset of the COVID-19 pandemic in March 2020, according to Bloomberg data.

Canada's annual inflation rate ticked down to 1.9 per cent in November, with the slowdown in price growth mostly driven by lower mortgage interest costs and cheaper travel tours, Statistics Canada said on Tuesday.

The Quebec-based electric bus and truck manufacturer Lion Electric has announced it is entering creditor protection. It has already cut nearly 1,000 jobs.

Monday’s media lockup for the Fall Economic Statement (FES) will go down in history as one of the weirdest events in Canadian political history.

TikTok on Monday asked the U.S. Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it.

In a speech in Vancouver, Bank of Canada governor Tiff Macklem said big structural changes are happening in the world, including a move away from globalization.

The federal government tabled a fall economic statement Monday that calls for more than $20 billion in new spending and explains how last fiscal year's deficit ballooned to $61.9 billion — but it was Chrystia Freeland's abrupt resignation as finance minister and her questioning of her own government's economic policy that sent Canadian politics into a frenzy.

U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that Tokyo-based SoftBank would invest $100 billion US in the country over the next four years in what they said would be a boost to its economy.

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.

In a shocking move, Finance Minister Chrystia Freeland announced Monday she's resigning from Prime Minister Justin Trudeau's cabinet — just hours before she was set to deliver the government's fall economic statement.