WASHINGTON - The United States trade deficit widened slightly in May, the Commerce Department reported Tuesday, reflecting declines in sales of American-made aircraft and machinery as exports continued to suffer from a strong dollar.
Spencer Platt/Getty ImagesTraders work on the floor of the New York Stock Exchange. U.S. stocks opened higher before quickly reversing course on Tuesday morning, setting the stage for another volatile session.
Toronto home sales hit a new record in June 2015, as the average sale price reached $639,184. Read the full report. Nearly 12,000 residences were sold last month, according to a report issued Tuesday by the Toronto Real Estate Board (TREB).
Potash Corp. (POT -2.2%) reportedly would be open to raising its $8.6B bid for K+S (OTCQX:KPLUY) if the German company could reveal more value not currently seen by the Canadian company.
Canadian Finance Minister Joe Oliver says growth in the U.S. could help boost Canada's economy as both countries struggle against low oil prices and instability in Europe.