Raging inflation already appears to have put a dent into consumer spending, with personal consumption expenditures rising only 0.1% in July. And things aren’t looking so hot for the holiday shopping season. A total of 55% of consumers said inflation will affect their holiday spending this year, according to a survey of 1,025 people from… Continue reading Christmas May be Cancelled by Inflation
iPhone 14 Pro and 14 Pro Max Review: Closer to Glass
Jony Ive has long said that his ultimate vision for the iPhone was just a slab of glass. The last big move into that direction was with the iPhone X in 2018 — an iPhone that majorly shrunk the bezels and delivered Face ID. And since then, Apple’s been shrinking the notch and adding a… Continue reading iPhone 14 Pro and 14 Pro Max Review: Closer to Glass
Barry Choi: How to find fall and winter travel deals to book now and enjoy later
Air Canada Vacations sale on now When you buy one seven-night vacation package, you’ll get the second one at up to 50 per cent off with Air Canada Vacations. The booking window is from now until Oct. 4, 2022, for travel between Jan. 2 and Apr. 30, 2023. Available destinations include Mexico, the Caribbean, Central… Continue reading Barry Choi: How to find fall and winter travel deals to book now and enjoy later
The Bank of Canada is losing money for the first time ever on rising rates
Central bank anticipates losses for the next three years, depending on how its inflation fight goes Publishing date: Sep 16, 2022 • 23 hours ago • 4 minute read • 70 Comments The Bank of Canada is pictured in Ottawa on Tuesday Sept. 6, 2022. Photo by Sean Kilpatrick/The Canadian Press The Bank of Canada’s historic… Continue reading The Bank of Canada is losing money for the first time ever on rising rates
Global markets hunkering down for economic ‘hurricane’
Markets are bracing for another round of interest rate rises from the U.S. Federal Reserve and the Bank of England next week Author of the article: A trader working at the New York Stock Exchange. Photo by Andrew Kelly/Reuters files The approaching economic ‘hurricane’ that JPMorgan boss Jamie Dimon warned about in June is starting… Continue reading Global markets hunkering down for economic ‘hurricane’
David Rosenberg: A Canadian recession is ‘all but set in stone’
Canadian economic backdrop is weakening rapidly on a fundamental level Publishing date: Sep 15, 2022 • 2 days ago • 3 minute read • 54 Comments Faltering income will act as a drag on consumer spending at a time when job creation is stalling and home prices are deflating. Photo by Brendan Miller/Postmedia By David Rosenberg… Continue reading David Rosenberg: A Canadian recession is ‘all but set in stone’
The Queen’s quilt: How a royal souvenir hunter struck a deal with Her Majesty
Joy Suluk figures she has the largest collection of Queen Elizabeth souvenirs in Canada’s Arctic. Then one day the Queen dropped by … The cookie tin that started Joy Suluk’s collection of Queen Elizabeth II memorabilia in the early 1980s. Photo by Joy Suluk Joy Suluk was born somewhere north of Arviat, Nunavut, in 1953,… Continue reading The Queen’s quilt: How a royal souvenir hunter struck a deal with Her Majesty
What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger
Ethereum, the world’s second-most valuable digital currency by market capitalization, completed a long-awaited upgrade to its system on September 15. The move, known in the cryptocurrency community as “The Merge”, is expected to slash energy costs and lay the groundwork for more use of crypto technology in mainstream applications, including finance. The upgrade was one… Continue reading What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger
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