Retail sales increased 0.5 percent in October

Americans spent more on autos, electronics and building supplies in October, pushing retail sales up for a fifth straight month.
The Commerce Department says retail sales […]

‘Super Mario’ tapped to cure Italy’s economic ills

The man tapped to be Italy’s next premier earned the moniker “Super Mario” in the halls of the European Commission, stopping such corporate giants as […]

GOP makes new offer on taxes, Medicare cuts

With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion […]

Opposition snubs Greek PM

ATHENS

TSX set to open higher as investors await details of Greek referendum

BANGKOK

US stocks open lower after Thursday’s big rally

Stocks are falling after a strong rally that left the Standard & Poor’s 500 index on track for its best month since 1974.
Markets surged Thursday […]

No deal yet on euro crisis as the danger grows

True to form, European leaders on Sunday put off the tough decisions needed to save the continent from its debt crisis but promised that a […]

AutoNation net income up 24 percent

AutoNation Inc. says that its third-quarter profit rose 24 percent on higher new and used vehicle prices.
The nation’s largest auto dealership chain said Thursday that […]

Social Security to hand out first raises since ‘09

Social Security recipients will get a raise in January _ their first increase in benefits since 2009. It’s expected to be about 3.5 percent.
Some 55 […]

No strike for Air Canada flight attendants

Labour Minister Lisa Raitt has formally asked the Canada Industrial Relations Board to determine whether conditions are