Tag: Economy

OPEC, allied nations agree to extend oil production cut until end of July

OPEC and allied nations agreed Saturday to extend a production cut of…

U.S. unemployment rate falls to 13.3% in May

WASHINGTON — The U.S. unemployment rate unexpectedly fell in May and layoffs…

Trump wants G7 summit delayed, says group needs new members

WASHINGTON — U.S. President Donald Trump said Saturday he will postpone a…

U.S. businesses in Hong Kong mark ‘sad day’ as Trump says city’s special status is over

The American Chamber of Commerce in Hong Kong said on Saturday it…

Alberta outfitters decimated by COVID-19 restrictions, cost tourism industry billions

The COVID-19 pandemic, and associated travel restrictions and mass gathering bans, has…

U.S. weekly jobless claims stay above 2 million despite reopenings

The number of Americans filing for unemployment benefits held above 2 million…

Coronavirus: What does Banff look like without international tourism?

Banff is all about tourism. In fact, almost its entire economy is…

At least 14 million people could go hungry in Latin America due to coronavirus: UN

The U.N. World Food Program is warning that upward of at least…

Las Vegas casinos to reopen in early June, Nevada’s governor announces

Nevada Gov. Steve Sisolak announced Tuesday night that he would allow casinos…

Tanker carrying gasoline from Iran reaches Venezuela, defying U.S. sanctions

CARACAS, Venezuela — The first of five tankers loaded with gasoline sent…

Hertz files for bankruptcy as car rentals disappear amid coronavirus pandemic

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that…

Kenney says Biden’s comments on Keystone XL ‘suggest he hasn’t been accurately briefed’

Joe Biden made more comments about the Keystone XL pipeline project on…