Posthaste: Are businesses ready for a post-CUSMA world?

Many Canadian businesses say they’re in limbo while waiting to see what happens with the Canada-United States-Mexico Agreement (CUSMA). The trade pact is up for review as of July 1…

Canadian inflation rate spikes to 3.2% on surging gas prices

Canada’s inflation rate accelerated to 3.2 per cent in May, mainly driven by rising gasoline prices as the closure of…

Posthaste: Many Canadians’ retirement saving expectations aren’t matching reality

Expectations rarely match reality when it comes to retirement savings , according to a new survey. About a quarter of…

Canadian retail sales rise for fourth month in a row

Increased spending on gasoline and fuel pushed Canadian retail trade activity up by 0.5 per cent in April, but economists…

Highlights

Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its…

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AI frenzy adds to risks facing already vulnerable global economy, warns BIS

The optimism surrounding artificial intelligence may not last, increasing the risks for a global economy already vulnerable due to energy supply shocks and strained public…

Posthaste: Cost of living dogs the dog days of summer

Canadians are taking a more budget-savvy approach this summer as the high cost of living has them looking to keep their spending in check. Nearly…

Comcast to spin off NBCUniversal and Sky, sending shares soaring

Comcast Corp. plans to spin off NBCUniversal and Sky, unwinding acquisitions it made more than a decade ago after struggling to demonstrate a cable and…

Wendy’s soars 42% following viral Reddit post

The meme-stock crowd is rallying behind another beaten up American icon — Wendy’s Co. , the fast-food chain known for the Frosty, Dave’s Triple burger…

SK Hynix, Micron solidify the memory chip as runaway star of AI

With back-to-back announcements this week, SK Hynix Inc. and Micron Technology Inc. have solidified the memory chip market as the hottest part of the AI…

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