Loblaw revenue, food sales climb amid store expansion

Loblaw Cos. Ltd. reported a total revenue of $15.27 billion in the second quarter, up 4.1 per cent from the same period last year. Its net earnings increased 5.2 per…

Posthaste: Fixing Canada’s productivity problem could cost a ‘staggering’ $7.6 trillion

Canada’s dismal productivity that has significantly lagged other OECD countries over the past few decades is a common complaint. However,…

Posthaste: Confident you can detect fraud? That may put you at risk

Canadians are growing increasingly confident in their ability to detect fraud, but their hubris may be putting them at risk.…

Posthaste: Why the Bank of Canada might hike rates more than any of its peers next year

Oil’s wild price swings this summer have been playing havoc with central bank expectations. Crude prices soared to more than…

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SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according…

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SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported…

Posthaste: Why Canadians can thank China for helping shield them from an even worse oil price shock

If not for China , the oil price shock from the Iran war that continues to jolt the world would have been worse, says a…

Posthaste: 57% of Canadians prefer to keep their finances completely or mostly separate from their partner, survey finds

Fifty-seven per cent of Canadians prefer to keep their finances either completely or mostly separate from their partner, according to a new survey by personal…

Posthaste: The best summer travel deals are still to come

For those still planning their summer vacation, the good news is the best deals are still to come. The best week for Canadians to travel…

New York sues Kalshi, says its prediction markets are illegal gambling

New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed…

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