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Bank of Canada summary suggests weak job market was a concern ahead of July
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process.That's according to the central bank's newly released summary…
This deficit threatens America most — but Trump and Harris don’t talk about
The U.S. is suffering from budget deficit attention disorder.
Read More: This deficit threatens America most — but Trump and Harris don’t talk about
Social media platform X sues advertisers over alleged boycott after Musk’s
Elon Musk's social media platform X has sued a group of advertisers, alleging that a "massive advertiser boycott" deprived the company of billions of dollars in revenue and violated antitrust laws.The company formerly known as Twitter…
Why fiber company Lumen’s stock extended its surge with a 90% pop
Lumen’s recent business wins around AI suggest “a greater amount of fiber-related demand should still be on the horizon,” a Citi analyst said.
Read More: Why fiber company Lumen’s stock extended its surge with a 90% pop
Google has illegal monopoly over online searches, U.S. judge rules
Alphabet's Google broke the law with monopolistic behaviour over online search and related advertising, a federal judge ruled on Monday, the first victory for U.S. antitrust authorities who have filed numerous lawsuits challenging Big…
‘It’s exhilarating and shameful’: I’ve saved hundreds of dollars eating
“It’s a bit like ‘Meals on Wheels’ for moochers, except you have to actually collect the food yourself.”
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World markets shaken over fears of U.S. recession as sell-offs deepen
Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.The S&P 500 was down by 2.1 per cent in midday trading. The Dow Jones…
Oil prices sharply lower as global stock-market rout sparks selling
Oil futures were sharply lower to begin the week on Monday, pulled down by a continued rout in global equity markets sparked by fears the U.S. economy may be heading toward recession.
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Just because Alberta’s economy is strong, doesn’t mean you’re not feeling a
The economy in Alberta looks good — from a distance — where record immigration has led to a jump in consumer spending, but when you shine a brighter light onto it, there are some problems a GDP fails to measure."We didn't have the famous…
‘Can’t even pay my rent’: Many U.S. Olympic athletes earn less than $15k a
Discus thrower Veronica Fraley shared her financial struggles in a post on X — and support soon flowed in from prominent Olympic boosters Flavor Flav and Alexis Ohanian
Read More: ‘Can’t even pay my rent’: Many U.S. Olympic athletes…