National Business

LONDON (AP) — Embattled British Prime Minister Liz Truss sacked her Treasury chief and reversed course on a major part of her tax-cutting economic plan Friday as she struggled to hang on to her job after weeks of turmoil on financial markets.

NEW YORK (AP) — JPMorgan Chase and the rapper formerly known as Kanye West are ending their business relationship, but the breakup is not a result of the controversy over the hip-hop star's recent antisemitic comments .

NEW YORK (AP) — The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things. Retail sales were flat last month, down from a revised. 0.

NEW YORK (AP) — Dolly Parton was jokingly uncharitable after the crowd at the Carnegie Medal of Philanthropy ceremony tried singing along with her during her acceptance speech at Gotham Hall.

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Friday that Turkey and Russia have instructed their respective energy authorities to immediately begin technical work on a Russian proposal that would turn Turkey into a gas hub for Eu

HONG KONG (AP) — A pink diamond was sold for $57.7 million in Hong Kong on Oct. 7, setting a world record for the highest price per carat for a diamond sold at auction. The 11.

Many economists say a mild recession is on the cards as they look ahead to 2023. Though plenty of Canadians remember living through a recession or two, for millions of others it will be the first major downturn in their adult lives.

OTTAWA — With employment insurance premiums set to rise in the new year, both employers and workers are calling on the federal government to step in and rescue the program from the considerable amount of debt it has fallen into since the COVID-19 pan

BEIJING (AP) — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers. Japan's market benchmark soared by an unusually wide margin of 3.4%. Hong Kong gained 3.

OTTAWA — The Trudeau government has added 20 more Iranian officials and entities to its sanctions list, and says that within weeks Ottawa will ban entry to thousands of regime officials. "We are not just putting out fanciful rhetoric.