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Consumer prices rise 0.2% in September, used vehicles spike

Consumer prices rise 0.2% in September, used vehicles spike

SILVER SPRING, Md. — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer price index rose 0.2% last month, after gaining 0.4% in August, the Labor Department reported Tuesday.
UK unemployment ascent accelerates amid winter job fears

UK unemployment ascent accelerates amid winter job fears

LONDON — Unemployment in the U.K.
Porter pushes back restart of flight operations by five weeks to mid-December

Porter pushes back restart of flight operations by five weeks to mid-December

TORONTO — Porter Airlines Inc. is extending its suspension of all flights until Dec. 15, five weeks after its previously announced target to resume flying.
Gold miners share wealth from high prices with dividend increases for shareholders

Gold miners share wealth from high prices with dividend increases for shareholders

CALGARY — Investors in Canadian gold mining companies are being rewarded with higher dividends as gold prices settle near US$1,900 per ounce after setting record highs above US$2,070 in August. Toronto-based Kirkland Lake Gold Ltd.
Rich get richer, poor poorer: Two reports say pandemic intensifying inequalities

Rich get richer, poor poorer: Two reports say pandemic intensifying inequalities

A pair of new reports say Canada is undergoing a "K-shaped recovery," with working-class Canadians going deeper into debt while those at the top prosper.
IMF envisions a sharp 4.4% drop in global growth for 2020

IMF envisions a sharp 4.4% drop in global growth for 2020

WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
Wave of 'Nutcracker' cancellations hits dance companies hard

Wave of 'Nutcracker' cancellations hits dance companies hard

COLUMBUS, Ohio — For many, it's not Christmas without the dance of Clara, Uncle Drosselmeyer, the Sugar Plum Fairy, the Mouse King and, of course, the Nutcracker Prince.
Uptick for retiree checks in 2021 amid coronavirus worries

Uptick for retiree checks in 2021 amid coronavirus worries

WASHINGTON — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
Caisse buying portfolio of solar power assets in Spain from Q-Energy

Caisse buying portfolio of solar power assets in Spain from Q-Energy

MONTREAL — The Caisse de depot et placement du Quebec has signed a deal to buy a portfolio of solar power assets in Spain from Q-Energy. Financial terms of the agreement were not immediately available.
2 Stanford economists win Nobel prize for improving auctions

2 Stanford economists win Nobel prize for improving auctions

STOCKHOLM — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up paying for electricity, and the way governments sell off the public airwaves to telecom companies and broadcasters.
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