Tiffany Ng

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Oil Selloff Resumes as Record Iraq Supply Adds to Glut

article<p>Oil prices recoiled 6% on Monday, again nearing the pivotal $30-a-barrel threshold before the close, after news that Iraq's output reached a record last month returned attention to a market glut that sent prices to 12-year lows last week.<p>Continue Reading Below<p>Brent crude, the global …

First-time buyers slowly returning to housing market, data show

First-time home-buying levels, in the doldrums since the 1980s, are slowly starting to improve.<p>Sales of existing homes climbed 14.7% in December, the …

Real Estate

It hasn't been this bad for the car-insurance industry in 15 years, and it's all the strong economy's fault

One could assume that as the auto industry boomed in 2015, breaking decades-old sales records, it would portend a positive trend for the auto-insurance industry.<p>Nope.<p>"Our proprietary 'Pure Premium Spread', which measures underlying profitability for the personal auto insurance industry, weakened to …

Markets

Money not the only answer to fixing medicare, federal health minister says ahead of meeting with provinces

Federal Health Minister Jane Philpott says medicare needs an overhaul and that more money isn’t necessarily the only solution — a “frank” message …