National Business

TORONTO — As Willi Fleerakkers’ retirement date approaches at a time of inflation and higher interest rates, it's hard for her not to worry — but when she reviews her plan, it helps to ease those concerns.

OTTAWA — The parliamentary budget officer says lower-income households maintained their purchasing power despite high inflation with help from government benefits.

LONDON (AP) — Fears that the British economy is heading for recession mounted sharply Thursday after the Bank of England raised borrowing costs by more than anticipated, seeking to combat stubbornly high inflation with a hike that will hit borrowers

While most consumers believe in rewarding companies that accurately deliver on sustainability promises, a new study suggests their trust is lacking in the "green" claims made by brands.

The number of Americans applying for unemployment benefits remained relatively elevated last week, potentially another signal that Federal Reserve rate hikes are beginning to cool a surprisingly resilient labor market. U.S.

ANKARA, Turkey (AP) — Turkey's central bank delivered a large interest rate hike Thursday, signaling a shift toward more conventional economic policies to counter sky-high inflation following criticism that President Recep Tayyip Erdogan’s approach h

For the first time, U.S. regulators on Wednesday approved the sale of chicken made from animal cells, allowing two California companies to offer “lab-grown” meat to the nation's restaurant tables and eventually, supermarket shelves.

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says its net loss for the fourth quarter was $20.4 million, compared with earnings of $242.9 million a year earlier. Net loss per diluted share was 19 cents, down from earnings of $1.

Bakery giant Canada Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the price of bread in Canada for years.

NEW WESTMINSTER, B.C. — Unifor says it's planning a union drive for Amazon workers in Metro Vancouver.