Direct Loan Canada Blog

U.S. stocks are rallying Tuesday as pressure on Wall Street from the bond market comes off the boil.
Source: ctv business
Stock market today: Wall Street rallies as pressure relaxes from the bond market

As Donald Trump’s longtime finance chief, Allen Weisselberg helped spare his real estate empire from its last existential threat, staving off insolvency after casino bankruptcies and an airline failure in the 1990s.
Source: ctv business
Donald Trump’s civil fraud trial resumes with ex-CFO Allen Weisselberg on the witness stand

The world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war between Israel and Hamas militants, International Monetary Fund warned Tuesday.
Source: ctv business
IMF outlook worsens for a ‘limping’ world economy. Mideast war poses new uncertainty

Older versions of the highly coveted overhead bins were not designed with your average carry-on roller suitcase in mind. Enter French aircraft maker Airbus and its new ‘Airspace L Bins.’
Source: ctv business
These new overhead aircraft bins could be an inflight game-changer

How much is Donald Trump’s Mar-a-Lago worth? That’s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property’s value when he said it’s worth at least US$420 million and perhaps US$1.5 billion.
Source: ctv business
Is Mar-a-Lago worth US billion? Trump’s winter home valuations are at the core of his fraud trial

Oil prices are climbing, and stocks are slipping as violence in the Middle East injects more unease into financial markets worldwide. The S&P 500 was 0.4% lower early Monday in its first trading since Hamas launched a surprise attack over the weekend against Israel, which then formally declared war.
Source: ctv business
Oil prices climb, stocks slip as violence in Middle East rattles markets

The Nobel economics prize was awarded Monday to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labour market.
Source: ctv business
Nobel economics prize goes to professor for advancing the understanding of the workplace gender gap

Union workers at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday, the United Auto Workers union says.
Source: ctv business
Workers at Mack Trucks reject tentative contract deal and will go on strike early Monday

The Maui County Council has voted unanimously in favor of a resolution urging Hawaii’s governor to delay the October 8 reopening of West Maui to tourism.
Source: ctv business
Hawaii council members unanimously vote to support resolution postponing West Maui’s reopening to tourists

When a smaller restaurant unexpectedly goes viral on TikTok or other social media, the sudden demand can be overwhelming. Owners have to adapt on the fly, revamping operations to quickly serve a crush of people. But savvy business owners who are able to adapt can parlay newfound fame into a lasting boost for their business.
Source: ctv business
From Coke floats to Cronuts, going viral can have a lasting effect on a small business