National Business

A trickle of supply started returning to the country's real estate sector in March, but it did little to cool off heated markets as monthly home sales hit an all-time record, the Canadian Real Estate Association said Thursday.

The vast majority of Black women who are entrepreneurs in Canada say they face significant barriers to financing, including the cost of borrowing, a study has found.

NEW YORK — Bank of America's profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic.

NEW YORK — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.

NEW YORK — Citigroup's profits more than tripled in the first quarter, the banking conglomerate said Thursday, helped by the release of billions of dollars from its loan-loss reserves.

DETROIT — Toyota is recalling nearly 280,000 Venza SUVs in the U.S. because a wiring problem can stop the side air bags from inflating in a crash. The recall covers Venzas from the 2009 through 2015 model years. Documents posted Thursday by the U.S.

TORONTO — For Jason Kucherawy, dinnertime requires serious organization. The Toronto tour company owner will try anything, his wife mostly sticks with a vegetarian diet but will eat chicken and their kids' tastes are anyone's guess.

OTTAWA — Canadian manufacturing sales fell 1.6 per cent in February as the auto sector faced a shortage of microchips that forced some assembly plants to ramp down production or shut down. Statistics Canada said Thursday manufacturing totalled $55.

WASHINGTON — The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.

WASHINGTON — American industry rebounded last month as the United States recovered from an unusually frigid February. Industrial production — including output at factories, mines and utilities — rose 1.4% in March, reversing a 2.