The August stock-market slump is a myth — so why does Wall Street keep repeating it?

Employment in Canada rose 18,200 in June and the unemployment rate fell to 6.5% as the country’s labour market shows some signs of tightening.

Close to half of respondents (46%, up three points from last quarter) say they are $200 or less away from being unable to meet monthly debt obligations, with 28% reporting they simply do not earn enough to cover their bills and debt payments. “Many Canadians are not just living paycheque-to-paycheque, they are entering each pay…

PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.

A hot new bombshell has entered the Jersey City development villa. Boston-based Rockpoint and local developer Urby formed a joint venture for a massive development on the city’s waterfront, the Commercial Observer reported. The project is part of a larger three-tower multifamily complex along the Hudson River. Rockpoint and Urby acquired the site at 201…

ECB policymaker Panetta says ECB’s goal is to keep inflation expectations firmly anchored, limiting second-round effects !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}