Direct Loan Canada Blog

Stocks are bouncing back on Wall Street Tuesday, and the areas of the market most beaten down in recent days are leading the way.
Source: ctv business
Silver lining in inflation report helps send stocks higher

U.S. consumer prices likely increased by the most in 16.5 years in March as Russia’s war against Ukraine boosted the cost of gasoline to record highs, resulting in annual inflation rising at its fastest pace since the early 1980s.
Source: ctv business
Gasoline seen boosting U.S. consumer prices in March

The 77-year old ice cream shop, Baskin-Robbins, is tweaking its logo, employee uniforms and packaging in it’s first major update since 2006.
Source: ctv business
This 77-year old ice cream chain is getting a makeover

Canada has an ambitious plan to double the pace of homebuilding within a decade but the first big challenge is finding enough skilled workers, as the country grapples with the tightest labor market on record and with construction already at a multi-year high.
Source: ctv business
Canada plans to double homebuilding in decade, but where are the workers?

Shopify Inc. is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke’s voting power, while also proposing a 10-for-one split of its class A and class B shares.
Source: ctv business
Shopify proposes governance changes, announces 10-for-one share split

Once it shutters, the number of Kmarts in the U.S. — once well over 2,000 — will be down to three in the continental U.S. and a handful of stores elsewhere, according to multiple reports, in a retail world now dominated by Walmart, Target and Amazon.
Source: ctv business
Once a retail giant, Kmart nears extinction after latest U.S. closure

The World Bank says Ukraine’s economy will shrink by 45.1 per cent this year because of Russia’s invasion, which has shut down half of the country’s businesses, choked off imports and exports, and damaged a vast amount of critical infrastructure.
Source: ctv business
Russia’s war to shrink Ukraine economy 45 per cent, World Bank says

Move over, Guangzhou. Georgia’s Hartsfield-Jackson Atlanta International Airport is once again the world’s busiest airport.
Source: ctv business
This U.S. airport has reclaimed its title as the world’s busiest

Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said.
Source: ctv business
Russia has defaulted on its foreign debt, says S&P

The popularity of trading in digital currency has grown to such an extent that the Canada Revenue Agency has taken notice, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: CRA is watching cryptocurrency trades. Here’s what you need to know