UK economy contracts in July as mild recession looms
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images LONDON — U.K. …
Economy
Volkswagen, Stellantis subsidies will take 20 years to break even: watchdog
The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric vehicle battery deals with two industrial giants. The governments …
Travelers must pay to visit during the day
Many travelers are accustomed to nightly tourism taxes tacked on to their hotel bills. But daytime taxes are a new ask. Venice’s city council on Tuesday approved a long-awaited regulation …
Housing high-rise might replace a well-known store near UC Berkeley
BERKELEY — A housing high-rise with more than 100 residences might be developed on a prime Berkeley site as part of a project that could replace a well-known store near …
From trade to separatists, Trudeau feels heat of strained India relations
Saskatchewan Premier Scott Moe’s government is accusing Prime Minister Justin Trudeau of damaging relations with India and keeping the provinces in the dark about trade talks. In a letter Moe released Monday, …
Credit crunch worries at 10-year plus high, New York Fed survey says
Choochart Choochaikupt | Istock | Getty Images American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York …
New Ford EV battery plant brings jobs, debates to small town Michigan
MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored mural on the side of a brick building. It reads, …
Germany predicted to be the only major European economy to contract
A metalworker grinding a peace of metal is pictured in a forge in Klitten, Germany. Manufacturing activity has struggled this year. Florian Gaertner | Photothek | Getty Images Germany is …
Two tech companies strike deal for purchase of San Jose office site
SAN JOSE — A tech company has bought a San Jose site from another tech firm in a deal that reinforces that a post-coronavirus pandemic malaise still afflicts parts of …
How more homeless encampments in Ontario signal a housing crisis out of control
Homeless encampments have been multiplying across Ontario since the pandemic, but experts say this visible symptom of the national housing crisis has been a long time coming. With limited shelter …