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  • News
    Bloomberg

    IMF Latest: G-7 Pledges Enhanced Cooperation in Draft Communique

    (Bloomberg) -- Group of Seven finance ministers and central bank chiefs pledged to enhance policy cooperation and safeguard against downside risks, a draft communique showed on Wednesday.Most Read from BloombergHere’s How Weird Things Are Getting in the Housing MarketIntel Is Planning Thousands of Job Cuts in Face of PC SlumpUS Core Inflation Seen Returning to 40-Year High as Rents RiseA First Look at the Ritz-Carlton Superyacht: PhotosHome Flippers Get Burned by US Housing Market’s Sudden Slump

  • Business
    Yahoo Finance Canada

    RBC moves up Canada recession forecast as 'pressure is still building'

    The high cost of living and the jump in interest rates are expected to reduce the average household's purchasing power by about $3,000, says RBC Economics.

  • Business
    The Canadian Press

    Canada Post officially launches nationwide loan program with TD Bank Group

    TORONTO — Canada Post now offers loans alongside stamps, packaging and its existing financial services as it officially launches a partnership with TD Bank Group. The Crown corporation said Wednesday that the loan program, which could be expanded to other services, will provide more financial options for Canadians across the country including in rural, remote, and Indigenous communities. "We believe that this is the best way of providing Canadians with better access to financial services, especi

  • Business
    Bloomberg

    Oil Slumps as Key Inflation Metric Sparks Fresh Slowdown Fears

    (Bloomberg) -- Oil dropped after a key US inflation metric beat estimates, piling onto worries that the US Federal Bank will continue interest rate hikes.Most Read from BloombergHere’s How Weird Things Are Getting in the Housing MarketIntel Is Planning Thousands of Job Cuts in Face of PC SlumpUS Core Inflation Seen Returning to 40-Year High as Rents RiseA First Look at the Ritz-Carlton Superyacht: PhotosHome Flippers Get Burned by US Housing Market’s Sudden SlumpWest Texas Intermediate slumped n