National Business

NEW YORK (AP) — Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-'til-you-make-it startup culture.

NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.

TORONTO — Canada's main stock index was down more than 100 points Monday as market watchers digested a surprise resignation by the federal finance minister just hours before she was due to deliver the fall economic statement.

MONTREAL — Last week, Justin Trudeau said out loud what many were wondering as the postal strike dragged into its fourth week. “It is endangering the long-term viability of Canada Post as a service that Canadians rely on,” the prime minister said.

VANCOUVER — Bank of Canada governor Tiff Macklem says the central bank is preparing for a future that looks more uncertain and more prone to shocks.

Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a "quarterback" at a critical moment for the country's economy and trade relationships.

HOLYROOD, N.L. — Four people in eastern Newfoundland are facing charges after a stolen backhoe was used to tear the front off the RBC bank in Holyrood. RCMP say they received a report of a break-in around 3:45 a.m. on the Conception Bay Highway.

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.

WASHINGTON (AP) — TikTok on Monday asked the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it.

NEW YORK (AP) — Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-'til-you-make-it startup culture.