Business Inflation in the United States dropped last month to 2.4 per cent, its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race. In September, the U.S. inflation rate was 2.4Continue Reading
Business Thousands of people paid their last respects on Thursday to Ratan Tata, former chairman of Indian conglomerate Tata Group. The veteran industrialist, hailed by Indian Prime Minister Narendra Modi as a visionary business leader, died at a Mumbai hospital on Wednesday night. He was 86. Tata died at aContinue Reading
Business A new HBO documentary is suggesting the long-debated identity of the mysterious creator of bitcoin, known only as Satoshi Nakamoto, could be Canadian software developer Peter Todd. But Todd has called the theory “ludicrous,” leaving the mystery far from settled. Canadian software developer Peter Todd says he is notContinue Reading
Business A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year. Prices still rising, but rate of increase hit its lowest point since October 2021The Canadian Press · Posted: Oct 09, 2024 2:20 PMContinue Reading
Business Around 239,000 vehicles have been recalled over concerns that a defective part in the steering system could result in a crash, Honda Canada announced Wednesday. Defective part could result in increased risk of a crash or injury, the company says This Feb. 14, 2019 file photo shows a HondaContinue Reading
Business·Analysis Watching an NHL game this season may be more complicated than you thinkRogers Communications still has two years left on its broadcast deal with the NHL. But changes are already coming for the way you watch games. Hockey fans bracing for changes as NHL prepares to renegotiate its broadcastContinue Reading
Business Ticketmaster is enforcing new rules around how fans transfer Taylor Swift tickets amid a surge in reported scams. Ticket holders will now only be given access to their tickets 72 hours before a concert, and cannot transfer them before that point. Some fans have reported that tickets were transferredContinue Reading
Business FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion US in assets recovered since the once-leading crypto exchange collapsed. The former crypto exchange giant’s bankruptcy plan has been approved, clearing the way for massive refundsThomsonContinue Reading
Business The U.S. Federal Trade Commission’s case accusing Amazon of stifling competition in online retail will move forward, though some of the states that sued alongside the agency had their claims dismissed, court documents showed. U.S. Federal Trade Commission alleges online giant is using anti-competitive tacticsThomson Reuters · Posted: OctContinue Reading
Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. We’re drowning in reusable bags. Are profits preventing big grocers from adopting solutions? Megan Bishop of Sault Ste. Marie would like to see retailers offer solutions toContinue Reading
