Direct Loan Canada Blog

Prices for U.S. consumers jumped 6.8 per cent in November compared with a year earlier as surging costs for food, energy, housing, autos and clothing left Americans enduring their highest annual inflation rate in 39 years.
Source: ctv business
U.S. consumer inflation up 6.8 per cent in past year, most since 1982

A man who slipped down the stairs and broke his back while walking from his bed to home office can file a claim on his employer’s insurance after a court in Germany ruled that he was commuting at the time.
Source: ctv business
Walking from your bed to home office now counts as commuting in Germany

Tesla Chief Executive Officer Elon Musk is ‘thinking of’ leaving his jobs and becoming an influencer, the world’s richest man tweeted on Thursday.
Source: ctv business
Elon Musk says he’s thinking of becoming a full-time influencer

China’s central bank is trying to restrain the rise of the yuan after the currency hit a 2 1/2-year high against the dollar.
Source: ctv business
China tightens control to restrain currency’s rise

Stocks are higher on Wall Street Friday following a bout of choppy trading in the aftermath of the government’s latest reading on consumer prices, which shows inflation is at a four-decade high.
Source: ctv business
Stock indexes rise on Wall Street after inflation report

U.S. companies of all sizes are rethinking their plans to send workers back to the office as the new Omicron variant adds another layer of uncertainty.
Source: ctv business
U.S. companies rethink return-to-office plans amid Omicron cases

Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province has not set production limits on the oil industry since December of 2020.
Source: ctv business
Limits on oil production no longer needed, Alberta government says

The Senate narrowly approved a resolution Wednesday to nullify the Biden administration’s requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing.
Source: ctv business
Senate rejects Biden’s vaccine mandate for businesses

The federal privacy watchdog is warning Canadians about the growing threat of surveillance capitalism – the use of personal information by large corporations.
Source: ctv business
Federal privacy watchdog warns of growing dangers of ‘surveillance capitalism’

Oil output from Canada, the world’s fourth-largest producer, is set to climb over the next decade to peak at 5.8 million barrels per day in 2032, the Canada Energy Regulator says.
Source: ctv business
Canadian oil output to peak 7 years sooner than previously forecast, regulator says