Direct Loan Canada Blog

Just 36 per cent of American parents said they would be able to pay for everything their kids need this school year, according to Morning Consult’s annual back-to-school shopping report.
Source: ctv business
Parents struggling with inflation: ‘I left that backpack for my preschooler at the checkout.’

OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economy Monday, underlining their unhappiness as recession fears help drive down crude prices — along with the cost of gasoline, to drivers’ delight.
Source: ctv business
OPEC+ makes small trim to world oil supplies as prices fall

Global stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies.
Source: ctv business
Global stocks sink as Europe faces new squeeze on gas supply

Citing an ‘immediate threat to human life,’ Cloudflare has dropped the notorious stalking and harassment site Kiwi Farms from its internet security services following an online campaign started by transgender Twitch streamer Clara Sorrenti to pressure it to do so.
Source: ctv business
Citing imminent danger Cloudflare drops hate site Kiwi Farms

An executive at Black Lives Matter Global Network Foundation, is accused of ‘syphoning’ more than US$10 million from donors, the grassroots arm of the BLM organization said a court filing this week.
Source: ctv business
Black Lives Matter executive accused of ‘syphoning’ USM from BLM donors, suit says

Many major retailers slashed their financial outlooks for the year after seeing shoppers pull back on many discretionary items in the latest quarter. But among the notable exceptions: beauty.
Source: ctv business
Americans splurge on beauty, despite pullbacks elsewhere

Bed Bath & Beyond Inc.’s chief financial officer fell to his death from New York’s Tribeca skyscraper known as the ‘Jenga’ tower on Friday afternoon, police said, just days after the company said it was closing several stores.
Source: ctv business
Bed Bath & Beyond CFO Gustavo Arnal falls to death at New York’s Jenga tower

Labour productivity rose for the first time in two years during the second quarter of 2022 as pandemic restrictions eased across much of the country, according to a recent report from Statistics Canada.
Source: ctv business
Productivity in Canadian economy up for first time in two years: StatCan

Fuel prices increased by about 30 per cent across Indonesia on Saturday as the government reduced subsidies that kept inflation low.
Source: ctv business
Indonesia hikes fuel prices by 30 per cent, cuts energy subsidies

Canada needs a “course correction” when it comes to supporting and recruiting international students to meet the country’s labour shortage woes, a new report has found.
Source: ctv business
A ‘course correction’ is needed to leverage international student workforce in Canada