business news usa

Will the Bank of Canada hike rates again? This week will decide

Anyone worried about interest rates, economic growth and job numbers is bracing for a busy and consequential week. Canadians will be hit by a tsunami of economic data over the…

July 4, 2023

Business News

Costco cracks down on sharing membership cards

Costco is taking a page from Netflix's book.The retailer is cracking down on people sneaking into its clubs and trying to shop with other people's membership cards, it said Tuesday.Costco…

June 30, 2023

Business News

What interest rate hike means for mortgage holders, home hunters – Business News

Photo: The Canadian Press Governor of the Bank of Canada Tiff Macklem. The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate…

June 15, 2023

Business News

Real or AI? Europe seeks label as it fights disinformation – Business News

Photo: The Canadian Press The European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and…

June 14, 2023

Business News

Google, Meta executives push back against Canada online news bill

[1/2] A Google logo is displayed at the entrance to the internet based company's offices in Toronto, Ontario, Canada September 9, 2018. REUTERS/Chris HelgrenTORONTO, May 3 (Reuters) - Google and…

May 26, 2023

Business News

Mass event will let hackers test limits of AI technology – Business News

Photo: The Canadian Press Rumman Chowdhury, co-founder of Humane Intelligence, a nonprofit developing accountable AI systems. No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot…

May 18, 2023

Business News

US inflation rate cools to 4.9% but consumer prices are still stubbornly high

Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.Prices rose 0.4 per…

May 15, 2023

Business News

Consumer insolvency spiked to highest level since 2019

Consumer insolvencies have risen to their highest level since 2019, new numbers showed Wednesday, in a troubling sign that Canadians are having trouble staying on top of their debt load.Data…

May 13, 2023

Business News

Tupperware shares tank as company warns it may go out of business

Shares in Tupperware have tumbled to their lowest level on record as the iconic food storage company warned investors that it is in danger of going out of business.The company's…

May 3, 2023