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 80 per cent are changing…

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…

Posthaste: The Bank of Canada should break with tradition and start forecasting interest rates, say these economists

The Bank of Canada should start publishing an interest rate forecast as part of a suggested revamp of its communications…

Posthaste: Most Canadians would happily part with 9% of their salary to secure a pension and their retirement, says survey

Canadians are so worried about their ability to retire that most would contribute nine per cent of their salary to…

Highlights

The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families

The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones…

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The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families

The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than…

Posthaste: Canadian real estate could be poised for a rebound

For those waiting on the sidelines of Canada’s real estate market, now might be the Goldilocks window to jump in before things start heating up…

Manulife pulls loan product for rich Hong Kong clients after scrutiny

Manulife Financial Corp. pulled leverage for an insurance product targeting wealthy Hong Kong clients after the offering drew scrutiny from regulators and competitors, according to…

Hedge fund with $1.5 billion to shut as team joins ExodusPoint

Ovata Capital Management Ltd., a Hong Kong hedge fund overseeing US$1.5 billion, will shut its doors as its founder and most of its staff prepare…

Hill to lead OMERS private equity as CIO’s exit triggers shuffle

Ontario’s pension fund for local government workers is doing a shakeup of its investment team, elevating Michael Hill to global head of infrastructure and private…

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