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As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy

As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy

With Canadians’ debt on the riseas they deal with surging pricesand interest rates, experts say many people are in the dark about the insolvency process, even though it could help those in dire straits get a clean slate.
Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence.
Bank of England joins US Fed in keeping interest rates unchanged after inflation declines

Bank of England joins US Fed in keeping interest rates unchanged after inflation declines

LONDON (AP) — The Bank of England on Thursday paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises.
LittleOak Infant, Follow-on Formula recalled for not being evaluated by Health sa¹ú¼Ê´«Ã½

LittleOak Infant, Follow-on Formula recalled for not being evaluated by Health sa¹ú¼Ê´«Ã½

The Canadian Food Inspection Agency has issued a recall for two varieties of LittleOak brand infant formula because they have not been approved by Health sa¹ú¼Ê´«Ã½.
Toronto Pearson Airport ranks low in customer satisfaction: study

Toronto Pearson Airport ranks low in customer satisfaction: study

Toronto and Montreal airports were near-bottom in the race for passenger satisfaction this year, according to a study by J.D. Power.
Alberta set to release report on whether to ditch CPP for provincial pension plan

Alberta set to release report on whether to ditch CPP for provincial pension plan

EDMONTON — The Alberta government is set to release its long-promised report on whether the province should quit the sa¹ú¼Ê´«Ã½ Pension Plan and pursue its own provincial program.
Airbnb says it's cracking down on fake listings and has removed 59,000 of them this year

Airbnb says it's cracking down on fake listings and has removed 59,000 of them this year

Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.
Fed keeps rates unchanged and signals optimism about a potential 'soft landing'

Fed keeps rates unchanged and signals optimism about a potential 'soft landing'

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased.
Growing number of forecasts predict oil will reach US$100 this fall

Growing number of forecasts predict oil will reach US$100 this fall

CALGARY — A growing number of forecasts are calling for the return of US$100 oil before the end of the year — a prospect that could put even more pressure on consumers and make it harder for central bankers to rein in inflation.
Travellers rattled by sa¹ú¼Ê´«Ã½-India row, but trip plans remain unchanged

Travellers rattled by sa¹ú¼Ê´«Ã½-India row, but trip plans remain unchanged

MONTREAL — Travellers and the transportation sector at large have been rattled by the sudden ramp-up in tensions between sa¹ú¼Ê´«Ã½ and India, but see no reason to rethink their overseas plans for now.