Direct Loan Canada Blog

Bitcoin stormed above US$66,000 for the first time on Wednesday, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise.
Source: ctv business
Bitcoin tops US,000, sets record as crypto goes mainstream

The operator of a Michigan oil pipeline said it temporarily shut down Line 5 Tuesday after protesters warned the company that they planned to turn an emergency valve.
Source: ctv business
Enbridge temporarily stops Michigan pipeline due to protests

Statistics Canada says the annual pace of inflation picked up in September to reach its highest level since February 2003.
Source: ctv business
Canada’s annual inflation rate hits 4.4 per cent in September: StatCan

General Electric Co has asked its U.S.-based workers to get COVID-19 shots or seek a medical or religious accommodation by Dec. 8 in order to comply with U.S. President Joe Biden’s executive order.
Source: ctv business
General Electric mandates COVID-19 vaccines for U.S. workers

Solid earnings from health care companies helped power broad gains for stocks on Wall Street Wednesday and pushed the benchmark S&P 500 within range of an all-time high.
Source: ctv business
Stocks rise on Wall Street, S&P 500 hovers near record high

Experts are advising Canadians to start their holiday shopping early to avoid missing out on big-ticket items such as appliances, handbags and this year’s hottest toys as global supply chain issues continue to impact availability and price.
Source: ctv business
Toys, appliances and handbags: These are the items you may not get in time for the holidays

Facebook is paying a US$4.75 million fine and up to $9.5 million to eligible victims to resolve the Justice Department’s allegations that it discriminated against U.S. workers in favor of foreigners with special visas to fill high-paying jobs.
Source: ctv business
Facebook paying fine up to US.25M to settle suit on discrimination

Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day.
Source: ctv business
As Bitcoin goes mainstream, Wall Street looks to cash in

The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said Tuesday.
Source: ctv business
IMF sees economic growth with higher inflation for Mideast

As Canada’s major airlines focus on COVID-19 recovery, an Edmonton-based discount carrier is embarking on an aggressive expansive plan.
Source: ctv business
Flair Airlines expands fleet, adds 14 new routes in Canada and U.S.