National Business

NEW YORK (AP) — A former FTX executive pleaded guilty Tuesday to conspiracy and wire fraud charges as part of a deal to cooperate with federal prosecutors building their case against FTX founder Sam Bankman-Fried in what authorities have dubbed one o

Canada's provinces are poised for limited economic activity and sluggish growth for the rest of the year and into 2024, but the risk of a drawn-out recession is increasingly unlikely, according to a report released Tuesday.

OTTAWA — The Canadian economy was treading water at the end of 2022, the latest GDP report shows, but beneath the disappointing data is resilient consumer spending keeping the economy afloat.

TORONTO — Scotiabank's new chief executive says the bank is rethinking its strategy as it reported a drop in profits last quarter because of high funding costs and expense growth. Scott Thomson, who took on the top job Feb.

NEW YORK (AP) — Target plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping.

WASHINGTON (AP) — Conservative justices holding the Supreme Court's majority pressed skeptical questions Tuesday about President Joe Biden's plan to wipe away or reduce student loans held by millions of Americans.

A vandalism spree has put many mailboxes out of commission in the country's biggest city, Canada Post says.

WASHINGTON (AP) — Consumer confidence dipped for the second straight month as stubborn inflation and anxiety over a potentially slowing economy weighed on Americans.

TORONTO — As MBA student Lisa Malachowski negotiated her salary for a job set to begin this summer, a thought familiar to many young workers crossed her mind: "Maybe they'll withdraw the offer.

MONTREAL — Laurentian Bank of Canada reported its first-quarter profit fell compared with a year ago as its provisions for credit losses ticked higher. The Montreal-based bank said Tuesday it earned $51.9 million or $1.