Statistics Canada says the number of business closures declined slightly in August, as COVID-19 restrictions eased.

As Treasury secretary, Janet Yellen is almost certain to pursue tighter coordination with the U.S. Federal Reserve next year -- repairing recent frictions -- though observers say she will be careful to avoid any specific move that could trigger a wave of Republican protests.

U.S. Federal Reserve officials discussed providing more guidance on their bond buying strategy during their Nov. 4-5 policy meeting.

Applications for U.S. state unemployment benefits unexpectedly rose for a second straight week in the first back-to-back increase since July.

U.S. corporate profits rebounded significantly in the third quarter as businesses reopened more broadly and demand accelerated from a pandemic-induced slump in the first half of the year.

U.S. household spending rose more than expected in October while incomes declined, indicating consumers may have less wherewithal to keep driving the economy amid a surging coronavirus and lack of fresh government aid.