As Canada’s federal government prepares for another encounter with COVID-19, Canadian borrowers must face a second hazard: the prospect of a sharp rise in interest rates in 2022. While the world’s most powerful central banker, Jerome Powell,...
Amazon.com Inc. said on Wednesday it had recovered from a brief outage at its Amazon Web Services cloud unit that affected internet connectivity in two regions on the U.S. West Coast. AWS’s dashboard that...
For the many Canadians who watch the economy the way some people watched the battle that led to Sunday’s Grey Cup, this is an exciting week. In a rush to get business completed before the year ends,...
The Bank of Canada’s new mandate will see the central bank continue to target inflation in a range of between one and three per cent, but keep one eye on the job market in...
Shares in at-home exercise company Peloton fell to their lowest level in 19 months on Friday after a character in the Sex and the City reboot died after using one of the company’s devices in...
The cost of living is increasing at its fastest pace in almost 40 years right now, with data out of the U.S. on Friday showing the country’s inflation rate hit 6.8 per cent last...
Starbucks Corp. baristas waging a union campaign in Buffalo, N.Y., say they are organizing in part to have more of a say in the workload created by the company’s mobile app, which has left...
The Bank of Canada held its benchmark interest rate steady on Wednesday, noting that record high inflation is showing signs of cooling down. The central bank meets eight times a year to decide where...
You don’t have to convince Ross Simmonds about the benefits of remote work. The founder and CEO of Foundation Marketing has been leading the way on that front, running his business as “remote first”...
Canada’s economy added 154,000 new jobs last month, surging past expectations and enough to move the jobless rate down to just six per cent. Statistics Canada reported Friday that the jobless rate fell by...