Direct Loan Canada Blog

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing–possibly avoiding a recession as the 2024 election nears.
Source: ctv business
Biden hopes strong job market means soft landing for economy

Tracking down accurate information about Philadelphia’s elections on Twitter used to be easy. The account for the city commissioners who run elections, @phillyvotes, was the only one carrying a blue check mark, a sign of authenticity.
Source: ctv business
New Twitter rules expose election offices to spoof accounts

Billionaire Warren Buffett said artificial intelligence may change the world in all sorts of ways, but new technology won’t take away opportunities for investors, and he’s confident America will continue to prosper over time.
Source: ctv business
Profits jump at Buffett’s company ahead of annual meeting

A basket of stocks selected by ChatGPT, a chatbot powered by artificial intelligence (AI), has far outperformed some of the most popular investment funds in the United Kingdom.
Source: ctv business
ChatGPT can pick stocks better than your fund manager

A European judicial team questioned Lebanon’s caretaker finance minister on Friday in an investigation related to corruption probes of the country’s Central Bank governor, officials said.
Source: ctv business
Lebanon’s finance minister questioned in Central Bank probe

Northern leaders say they are disappointed with changes that allow Canadian North to increase prices and reduce flight service in remote communities, but the airline says it will be better able to meet demand.
Source: ctv business
Leaders express disappointment with changes to Canadian North airline

Shopify Inc.’s layoff this week will add a slew of new workers to the job-hunting pool at a time when experts say candidates are taking longer to find their next gig.
Source: ctv business
Shopify layoff comes as some say it’s taking longer for people to find jobs

Millions of Americans who qualified for free tax services — but were instead deceived into paying TurboTax for their returns — will soon get settlement checks in the mail.
Source: ctv business
American TurboTax customers to receive cheques for US1M settlement

America’s employers added a robust 253,000 jobs in April, evidence of a labour market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Source: ctv business
U.S. adds a strong 253,000 jobs despite Fed’s rate hikes

Enbridge Inc. reported a first-quarter profit of $1.7 billion, down from $1.9 billion a year ago as it was hit by a realized loss due to the termination of foreign exchange hedges.
Source: ctv business
New Enbridge tolling deal will protect Mainline pipeline from impacts of TMX opening