Fed’s aggressive rate hikes may raise likelihood of recession in U.S.
U.S. Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the...
Category : Business
U.S. Fed attacks inflation with its largest rate hike since 1994
The U.S. Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point – the largest...
Russia lowers gas flows to Europe with part stuck in Canada
Russian natural gas deliveries through a key pipeline to Europe will drop by around 40% this year, state-controlled energy giant Gazprom said Tuesday, after Canadian...
Asian shares sink after inflation-driven retreat on Wall Street
Shares sank in Asia on Monday after a report that U.S. inflation worsened last month sent stocks reeling on Wall Street. Click Here to Visit...
Markets tumble worldwide, bear market growls on Wall Street
Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more...
‘Difficult for drivers’: Gas prices set records in Ontario, Quebec
The pain at the pump continues as gas prices reached record levels on Saturday around the major cities in Ontario and Quebec. Click Here to...
Gas prices in Ontario could jump to another record high this weekend
The average price of gas in the Greater Toronto Area and most of southern Ontario is set to reach a new record this weekend. Click...
BoC warns mortgage payments could be up to 45% higher for some borrowers by 2025
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates...
How being infected with COVID-19 may impact your performance at work
A small Canadian study suggests that individuals who contact COVID-19 may experience cognitive failures that impact their performance at work, even after recovering from the...
Four-day work week here to stay, Ontario organizations say after trials
The COVID-19 pandemic inspired change in the world of work. Forcing people to work from home, it showed that traditional office models aren’t the only...