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TD Bank fined a combined $3B US after pleading guilty in U.S.
Toronto-Dominion Bank is facing fines totalling about $3.09 billion US from U.S. regulators after pleading guilty to multiple charges, including conspiracy to violate the Bank Secrecy Act and commit money laundering.The bank has also…
Jobless claims surge to highest level in more than a year
The number of Americans who applied for unemployment benefits surged by 33,000 to 258,000 in the week ended October 5, the Labor Department said Thursday. This is the highest level of initial claims since early August 2023.
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Was bitcoin’s mysterious creator a Canadian? A new HBO documentary says yes
In the 15 years since bitcoin was first created, no one has been able to crack one mystery: the true identity of the creator, known only as Satoshi Nakamoto. Now, a new HBO documentary has opened the case files again to point the finger…
Buying a house? The real-estate industry is sounding the alarm about an
One expense is weighing heavily on home buyers and homeowners.
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Ticketmaster changes Taylor Swift ticket transfer rules amid reported
Ticketmaster is enforcing new rules around how fans transfer Taylor Swift tickets amid a surge in reported scams.The ticket sales giant recently updated its website to say ticket transfers for Swift's concerts can only start 72 hours…
Boeing on the hook for $1 billion a month because of strike, as S&P frets a
Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says.
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Canada could help balance the scales with China as tensions rise in South
Prime Minister Justin Trudeau has an opening during this week's summit with regional leaders in Laos to step up Canada's efforts to help Southeast Asian countries facing escalating threats from China, experts say.Southeast Asian…
Fed’s Kugler says she supports more rate cuts if inflation recedes
Fed’s Kugler says she supports more rate cuts if inflation recedes
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Canadian Natural Resources buying Chevron’s Alberta assets for $6.5B US
Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for $6.5 billion US.The all-cash deal will see Calgary-headquartered CNRL — one of the largest…
Why Goldman Sachs has bumped up its S&P 500 target for the third time this
This week marks the kickoff of third-quarter earnings season—and another S&P 500 target upgrade from Goldman Sachs.
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