Federal lobbying records show that major credit card companies, including Visa and Mastercard, have signed up to talk to the government about its plans to cut credit card interchange fees.John Raoux/Associated Press…
Category: Business
Pre-construction condo sales drop 79% as market cools
Preconstruction condominium sales fell 79% year-over-year in the third quarter as soaring interest rates and construction costs pushed Toronto-area developers to join their customers at the margins of the market. Sixty-seven percent…
Gold-backed digital currency is ‘almost a certainty’ and can transform monetary policy – Deven Soni
(Kitco News) – As the U.S. dollar appreciates against other currencies, limiting countries’ ability to set independent monetary policy, gold-backed digital currencies are likely to be embraced, Deven said. Soni, CEO of…
Laser attack blinds self-driving vehicles, suppresses pedestrians and confuses cars
A pattern of the attack, which can suppress lidar data from a region in front of a vehicle, causing the vehicle to move dangerously. Below showing the removal of lidar data of…
Canadian oil industry wants ‘on par’ with Americans on carbon capture
The Pathways Alliance, a net-zero partnership between six of Canada’s largest oil sands producers, wants “level playing field” with US carbon capture incentives. (Reuters/Todd Korol) Canada’s oil industry says government incentives to…
East Coast Diesel Prices Soar | OilPrice.com
Retail diesel prices on the East Coast are soaring relative to the rest of the country, propelled by inventories in the region that are nearly half of what they would normally be…
Musk floats paid Twitter audit, fires board
Billionaire Elon Musk is already proposing major changes for Twitter – and faces major hurdles as he enters his first week as owner of the social media platform. Twitter’s new owner fired…
Jamie Murray’s Top Picks: October 31, 2022 – BNN Bloomberg
Jamie Murray, Portfolio Manager and Head of Research, Murray Wealth Group FOCUS: Global Equities MARKET OUTLOOK: Markets remain on edge as inflation remains persistent, weakening consumer, technology and housing end markets; with…
Posthate: Why Inflation Could Stay Higher Longer Than Forecasters Think
inflation-1031-ph Hello, Inflation in the euro zone has just exploded. Data released this morning showed consumer prices jumped a record 10.7%, beating economists’ expectations and suggesting the wild inflationary ride the world…
Gold’s 7 months of losses put it on course for longest losing streak in 5 decades
(Kitco News) The price of gold is feeling the pain of seven months of consecutive losses – the longest streak of declines in more than five decades. And this at a time…