Direct Loan Canada Blog

Before the pandemic, American consumers had gotten accustomed to instant gratification: packages and groceries delivered to their doorstep in less than an hour, stores that stayed open around the clock to serve their every need.
Source: ctv business
U.S. shoppers, workers clash over post-pandemic expectations

Following several months of high inflation rates, this holiday season may be especially stressful for Canadians looking to cut back on spending. Whether hosting friends and family members, or purchasing gifts for loved ones, here are some tips on how to make the most of the holiday season without breaking the bank.
Source: ctv business
Old-fashioned gifts, early planning and buying store brands: Here’s how to save over the holidays

Iran’s troubled currency fell to a new low against the U.S. dollar on Saturday amid continued unrest and the country’s increasing isolation in the face of Western criticism of its security crackdown and ties to Russia.
Source: ctv business
Iranian currency slides to new low amid unrest, isolation

Airbnb is once again clamping down on unauthorized parties as the company announced a ban for one-night bookings on New Year’s Eve globally for certain individuals.
Source: ctv business
Airbnb cracks down on New Year’s Eve party bookings in 11 countries, including Canada

Twitter is once again attempting to launch its premium service, a month after a previous attempt failed. The social media company said Saturday it would let users buy subscriptions to Twitter Blue to get a blue checkmark and access special features starting Monday.
Source: ctv business
Twitter relaunching subscriber service after debacle

Canadians are experiencing relief at gas pumps this weekend, but one expert says low prices will not last long.
Source: ctv business
Markets in ‘panic mode’ as gas prices fall: expert

Pulled from a sunken trunk at an 1857 shipwreck off the coast of North Carolina, work pants that auction officials describe as the oldest known pair of jeans in the world have sold for US$114,000.
Source: ctv business
Oldest known pair of jeans in the world pulled from shipwreck, sold at auction

The Bank of Canada will likely need to keep interest rates at or above 4% for most of 2023 to cool an overheated economy and tame high inflation, the International Monetary Fund said in a report.
Source: ctv business
Bank of Canada will likely need to hold rates above 4% in 2023: IMF

Canada’s telecommunications regulator refused a request from Telus Corp. to charge some customers a credit card processing fee.
Source: ctv business
CRTC refuses Telus request to add credit card processing fee to certain bills

An oil spill in a creek in northeastern Kansas this week is the largest for an onshore crude pipeline in more than nine years and by far the biggest in the history of the Keystone pipeline, according to federal data.
Source: ctv business
Kansas oil spill biggest in Keystone history: U.S. data