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CREA cuts housing market forecast for 2024 despite June sales rising
The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred by fewer interest rate cuts expected in 2024.
Jul 12, 2024 9:54 AM
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US wholesale inflation picked up in June in sign that some price pressures remain elevated
WASHINGTON (AP) — Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high.
Jul 12, 2024 8:24 AM
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Payouts for the many over the few: employee ownership trusts take shape in Canada
Three times a year, the 600-or-so employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a cheque for the workers' share of company profits. They all get a cut because they’re all owners.
Jul 12, 2024 7:34 AM
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AT&T 2022 security breach hits nearly all cellular customers and landline accounts with contact
A security breach in 2022 compromised the data of nearly all of AT&T’s cellular customers, customers of mobile virtual network operators using AT&T’s wireless network, as well landline customers who interacted with those cellular numbers.
Jul 12, 2024 5:37 AM
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European Union says X's blue checks are deceptive, transparency falls short under social media law
LONDON (AP) — The European Union said Friday that blue checkmarks from Elon Musk's X are deceptive and that the online platform falls short on transparency and accountability requirements, the first charges against a tech company since the bloc's new
Jul 12, 2024 4:26 AM
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Apple launches Vision Pro in Canada, but $5,000 price tag could make people 'pause'
Canadians can now get their hands on Apple's flashiest piece of technology, but some warn they shouldn’t expect the device to become ubiquitous just yet.
Jul 12, 2024 2:00 AM
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Teck Coal Limited faces five charges for allegedly dumping harmful substances
CRANBROOK, B.C. — Environment Canada has laid five charges against Teck Coal Limited after the company was alleged to have dumped harmful substances into waters frequented by fish in southeastern B.C.
Jul 11, 2024 5:24 PM
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Retailer Aritzia well on its way to replicating Canadian success in U.S.: CEO
Aritzia Inc.'s chief executive says the apparel retailer is making progress in its push to make the brand as popular in the U.S. as it is in Canada.
Jul 11, 2024 4:15 PM
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Cogeco reports profit of $19 million in third quarter as internet subscribers grow
MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $19.0 million for its third quarter, up from a loss of $34.5 million a year earlier. The company says revenue was $777.2 million, up from $767.
Jul 11, 2024 3:43 PM
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S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump
TORONTO — Canada's main stock index rose almost 200 points Thursday, helped by strength in the telecom, utility and energy sectors Meanwhile, U.S. stock markets were mixed as large tech names weighed on Wall St.
Jul 11, 2024 2:33 PM
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