National Business

OTTAWA — Canada posted a merchandise trade deficit of $3.4 billion in May as imports of unwrought silver soared and lower oil prices weighed on exports, Statistics Canada said Thursday.

WASHINGTON (AP) — U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.

When Marcus Rader returned home after an extended winter trip last year, he was greeted with a broken furnace, freezing temperatures and a week-long wait for a repair.

The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve's attempt to cool the labor market by raising interest rates. U.S.

CALGARY — A report by Deloitte Canada forecasts crude oil prices will increase modestly over the next three months. The report by the firm's resource evaluation and advisory group says lower supply will begin to drain global crude inventories.

Toronto homebuyers that snapped up a property last month paid more on average than they did a year ago but less than they would have if they closed the deal in May, the Toronto Regional Real Estate Board said Thursday.

WASHINGTON — North America's trading partners are in Cancun for two days of meetings to take stock of the last three years under the U.S.-Mexico-Canada Agreement. International Trade Minister Mary Ng is sitting down with U.S.

WASHINGTON (AP) — Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to intensify their fight against high inflation, though the central bank ultimately decided

Contract negotiations between UPS and the union representing 340,000 of the company's workers broke down early Wednesday with each side blaming the other for walking away from talks.

The B.C. port workers strike could cost companies hundreds of millions of dollars per week, experts and business groups say, with smaller operators and consumers feeling the biggest pinch.