Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. In a letter to...
The Bank of Canada may lose up to $8.8 billion over the next few years, according to a new report warning the central bank may run into a communications challenge as a result of...
Staff at Goldman Sachs are bracing for news on whether they will keep their jobs on Wednesday, as the U.S. investment bank begins a sweeping cost-cutting drive that could see its 49,000-strong global workforce...
Bell Canada is overhauling its charitable initiative that supports mental health, replacing a program that saw the company donate five cents every time Canadians used the phrase “Bell Lets Talk” with a lump-sum donation of $10...
When Mississauga, Ont.-based money coach Vanessa Bowen sat down with a client last year to go through the woman’s finances, the pair realized something was askew: a monthly Spotify charge had seemingly appeared out...
Economists say the expected economic slowdown in 2023 may not result in higher levels of gig work, unlike past recessions when levels of contract work and self-employment spiked. They say the tight labour market, combined with...
To most people, it may seem logical that stock markets rise and fall with economic growth. But for the last decade or more, that has been anything but true. As the value of assets like stocks, bonds and houses has...
Half of Canadian workers plan to look for a new job in 2023, a nearly twofold increase from just a year ago, according to a new poll by recruitment firm Robert Half. The survey...
Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange. Bankman-Fried is accused of looting billions of dollars in FTX customer deposits to support...
Good morning. Grab some orange juice and brace yourself: Not long after the average worker has eaten breakfast today, Canada’s highest-paid CEOs will have already earned that worker’s entire annual salary. That means about $58,800...