Money

As Canada's biggest banks prepare to report their second-quarter results, analysts say those that rely more heavily on wealth management and global markets will fare better amid slowing growth in Canadian retail banking.

Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an internet icon that had fallen behind the times.

Microsoft's next-generation Xbox expected to be revealed Tuesday, and anticipation for the entertainment console's latest evolution is running high.

A jobless Canadian IT professional who is collecting employment insurance is upset because he now suspects several recent jobs he applied for went to temporary foreign workers.

Several hundred garment factories near the Bangladeshi capital, Dhaka, reopened Friday after a four-day shutdown caused by worker protests over pay and working conditions.

Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 US for the first time in more than two years. The day wasn't bad for GM's rivals either, with Ford shares closing above $15 for the first time since May 2011 and Toyota, Honda and Nissan all hitting 52-week intraday highs.

A year after Facebook's high profile IPO, investors are still skeptical about its prospects and the stock price is wallowing.

Canada's annual inflation rate fell sharply in April, from 1.0 per cent the previous month to 0.4 per cent, largely on the back of lower gasoline prices

A new report from the parliamentary budget officer shows Atomic Energy of Canada Ltd. continues to be a drain on the public purse and will cost an additional $236 million this year.

Unloved in the best of times, the Internal Revenue Service will have to scramble to convince U.S. lawmakers and the public that its intentions were pure, not partisan, when it subjected groups affiliated with the Tea Party movement and other conservative causes to special scrutiny.

A quantum computer made by Burnaby, B.C.-based D-Wave Systems has been purchased by Google and installed at a NASA lab to solve problems requiring 'creativity' — something that conventional computers aren't good at.

The European Union wants to ban the refillable olive oil bottles that sit on so many restaurant tables across the continent.

Canadian families are planning to cut back on the amount they spend at the grocery store in the face of rising food prices, a new report from one of Canada's largest banks said Thursday.

Canada's national pension plan gained $21.7 billion in assets in its last fiscal year, a return on investment of better than 10 per cent and more than five times the current inflation rate.

Telus has agreed to purchase wireless upstart and rival Mobilicity for $380 million in a deal that still requires the approval of regulatory authorities before it can be finalized.

Prime Minister Stephen Harper told an audience in New York City today that the Keystone XL pipeline "needs to go ahead" and he laid out the reasons why it should be approved by the American government.

A study out of the U.K. suggests that while it may provide an initial sense of relief and well-being, over the long-term, retirement is bad for your health, increasing the likelihood of developing depression and at least one physical illness.

The first few months of the year were tough for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during the three-month period.

CBC News has learned from a confidential source that RCMP are investigating a number of senior employees of SNC-Lavalin International Inc. over who knew about and who approved alleged bribes paid through a secret accounting system for projects in Africa and Asia.

Statistics Canada says non-resident investors acquired $1.2 billion of Canadian securities in March, led by investment in government bonds.

The recession across the economy of the 17 European Union countries that use the euro extended into its sixth quarter — longer than the calamitous slump that hit the region in the financial crisis of 2008-9.

The average price of a Canadian home inched slightly higher to $380,588 in April, even as a decline in the number of homes sold suggested a modest real estate slowdown is underway.

Google Inc. on Wednesday unveiled a streaming music service that blends songs users have already uploaded to their online libraries with millions of other tracks for a monthly fee of $9.99 US. It made the announcement the same day that its stock surpassed $900 US for the first time and its market value rose above $300 billion.

The federal Competition Bureau has filed an appeal in Federal Court seeking to reverse the dismissal of its case against the Toronto Real Estate Board, which alleged the board was engaging in anti-competitive practices by limiting the kind of information its members can provide to clients.

European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing.