Great Recession

• Silicon Valley Bank clients will be protected, U.S. government bodies vow

  U.S. Treasury Secretary Janet Yellen said "we're not going to do that again" when asked if the government would bailout collapsed Silicon Valley Bank.

  Canada

  Mar 12, 2023
  
• Trump says ‘no rush’ for more U.S. financial aid despite 20M job losses last month

  The president’s low-key approach came as the Labor Department reported the highest unemployment rate since the Great Depression.

  Economy

  May 8, 2020
  
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• Coronavirus: U.S. unemployment rate hits 14.7% in April

  The newest figures mark the highest unemployment rate in the country since the Great Depression.

  World

  May 8, 2020
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• Finance Minister Morneau won’t draw red line on how far feds willing to push deficit

  Latest fiscal update showed the deficit is on track to deepen by billions of dollars.

  Canada

  Dec 22, 2019
• Alberta police nab 2 men for causing $300,000 in damage during copper thefts at oil well sites

  "This arrest will have a positive impact on the critical infrastructure in and around Calgary and ongoing trend of copper wire theft," police said.

  Crime

  Feb 12, 2019
• World economic growth to slow in 2019 as trade wars, global uncertainty take toll

  The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates.

  Canada

  Jan 21, 2019
• U.S. unemployment falls to 3.7 per cent — the lowest since 1969

  The U.S. Labor Department reported Friday that jobs added to the U.S. economy extended an extraordinary 8½-year streak of monthly job growth, the longest on record.

  Economy

  Oct 6, 2018
• Millennials born in 1980s may never recover from the Great Recession: report

  The net worth of a typical family headed by someone born in the 1980s was 34 per cent below what was expected, according to the study, which is entitled "A Lost Generation."

  Canada

  May 23, 2018
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• The pressure on men to be providers is one reason they have much higher suicide rates

  Stress about money is often a factor in men's high suicide rates, experts say

  Lifestyle

  Jun 25, 2017
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• Landmark Westmount jewelry store to shut its doors

  After 70 years of serving loyal customers, Lou Goldberg, a Westmount jewelry store, is closing its Greene Avenue doors.

  Canada

  Dec 30, 2016