3 d. ago Asian Shares Seen Lower as US Stocks Rise Into CPI: Markets Wrap

Asian equities were set to edge lower Thursday after a rally on Wall Street drove stocks and bonds higher as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week.

Economics

3 d. ago Asian Shares Steady as US Stocks Climb into CPI: Markets Wrap

Asian equities were mixed Thursday after a rally on Wall Street drove stocks and bonds higher, as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week.

Economics

8 d. ago Poland Seeks to Extend Power Price Cap, Enabling More Rate Cuts

Poland’s government is optimistic about quickly passing legislation to extend a cap on power prices, a move that the central bank governor said would boost the chances for another interest rate cut.

Economics

9 d. ago Chinese Solar Stocks Extend Rally on Signs of Industry Recovery

Chinese solar shares extended a bull run, as optimism builds that a sector turning point is in sight given authorities’ push to reduce overcapacity and end a cutthroat price war.

Economics

9 d. ago People questioning how so many Ontario companies claim they can't find local hires

While a growing number of Ontario residents are finding themselves out of work amid a deadly recession-ish/unemployment crisis combo, a suspiciously high number of local businesses continue to take advantage of the federal government's foreign worker program to hire overseas staffers — and residents are catching on.Canada's Labour Market Impact Assessments (LMIA) are certainly nothing new, but far more people are talking about the tool lately than perhaps ever before as Ontario (and the rest of the country) continues to battle a struggling economy, rampant job losses, tariff-related woes and the inevitable effects of a sharp population surge fueled by immigration.Brands like Tim Hortons have been called out for seemingly overutilizing of LMIAs, which are meant to be reserved solely for cases where there is "a need for a foreign worker to fill a job [because] no Canadian worker or permanent resident is available to do it."A q...

Economics

1 week ago McDonald’s is cutting prices in some markets as other chains join in

McDonald's says it plans to cut some prices and launch new promotions in the United States to help boost sluggish sales growth, but it isn't clear about Canadian restaurants.

Economics

1 week ago Coming price cuts at McDonald’s in the U.S. may signal a broader fast food price war

McDonald’s is cutting prices on some combo meals to woo back U.S. customers who’ve been turned off by the rising costs of grabbing a fast food meal. The price drop may induce its rivals, who have run into some of the same pricing issues, to follow. Starting Sept. 8, McDonald’s will offer Extra Value Meals, […]

Economics

1 week ago Coming price cuts at McDonald’s may signal a broader fast food price war

McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal. The price drop may induce its rivals, who have run into some of the same pricing issues, to follow. Starting Sept. 8, McDonald’s will offer Extra Value Meals, which […]

Economics

2 w. ago Ukrainian drone attacks on oil refineries have Russian regions running on empty

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether. Wholesale prices on the St. Petersburg International Mercantile Exchange for A-95 gas — the highest octane — […]

Events

2 w. ago Dollarama customers both ‘resilient’ and ‘fragile’ as tariff tensions continue: CEO

Canadian consumers are proving to be a headscratcher for Dollarama Inc. The discount chain’s CEO said Wednesday that consumer behaviour continued to be unpredictable in his company’s second quarter and he expects that trend to continue into the back half of the year. “At some moments, it seems resilient, at others it seems fragile, so […]

Economics

2 w. ago Ukrainian drone attacks on oil refineries have some Russian regions running on empty

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether. Wholesale prices on the St. Petersburg International Mercantile Exchange for A-95 gas — the highest octane — […]

Events

3 w. ago Estée Lauder Cuts Some Prices Despite the Continued Tariff Toll

Estée Lauder Cos. is lowering prices on some items to boost sales, an unusual move at a time when many US consumer companies are raising prices to offset higher tariff costs.

Economics

3 w. ago Funds Cut Long Bets on European Gas at Fastest Pace Since Winter

Funds cut speculative long bets that European gas prices will rise at the fastest pace since last winter, signaling growing conviction that supply worries are set to ease as traders ramp up stockpiling ahead of the heating season.

Economics

3 w. ago Looking for a U.S. travel deal? You might want to think again

Garry Marr: The airline industry may already be ahead of you, cutting supply for U.S. flights even as hotel prices stateside remain flat

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