While the OPEC+ deal on crude oil production cuts and the U.S. reaction grab the headlines, a much more immediate crisis is deepening by the day. Global stocks of diesel and other…
Category: Business
Rental apartment construction plummets in Toronto as construction costs rise
Construction workers work on the top floor of the Time and Space condominium project in the Front St. East and Sherbourne St. neighborhoods of Toronto on October 11.Fred Lum/The Globe and Mail…
As the dollar soars, it spreads pain around the world
The cost of living in Cairo has risen so much that security guard Mustafa Gamal had to send his wife and one-year-old daughter to live with her parents in a village 112…
Gold struggles in light of dollar weakness as rate hikes loom
Gold continues to struggle even in light of a sharp decline in the US Dollar. Gold posted respectable gains in New York trading today, but gave up those gains in Globex trading….
Why economists, analysts and market participants are focusing on October 27
On Thursday, October 27, the government will release its most recent third quarter GDP figures and the most recent figures on our national debt. Economists and investors will seek to determine the…
As rate hikes continue, is it time to lock in your variable rate mortgage?
With the Bank of Canada expected to announce another outrageous rate hike next week, a growing number of variable rate mortgage holders are asking themselves a dreaded question: is it time to…
Netflix turns things around after months of struggle
Netflix has gained more than 2.4 million paid subscribers in the past three months, the company announced in its Third quarter 2022 results report. The increase in customers is more than enough…
Metro says its prices are stable as usual this winter following Loblaw’s campaign
Grocery chain Metro Inc. said on Tuesday it was keeping food prices stable as usual this holiday season, a day after one of its biggest rivals launched a campaign to freeze prices…
‘It’s been hell’: Scotiabank mortgage mistake wipes out couple financially | Urbanized
The Fitzgerald family should be thrilled – they’ve finally achieved their lifelong ambition of owning a horse farm. But a mortgage incident turned their dream into a nightmare. In early June, the…
Report Reveals ‘Horrible’ Working Conditions at Shein: ‘How Are They Doing?’
British broadcaster Channel 4 has uncovered details of Shein’s working conditions and business practices. (Photo via Getty Images) Fast fashion company Shein is known for selling clothes at very low prices. However,…