Direct Loan Canada Blog

U.S. stocks are holding relatively steady at the tail end of a wild, whipsaw week for Wall Street. The S&P 500 edged up 0.1 per cent in early trading Friday, coming off its best day since 2022.
Source: ctv business
Wall Street is waffling as it closes its wild, whipsaw week. More tests loom next week

After a manic week that began with Japanese stocks falling to their worst loss since 1987’s Black Monday, only for U.S. stocks to soar later to their best day since 2022, slight gains on Friday carried Wall Street almost exactly back to where it began the week.
Source: ctv business
Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

Canada’s economy shed a net 2,800 jobs in July, as gains in full-time work were offset by part-time job losses, while the unemployment rate remained at a 30-month high of 6.4 per cent, data showed on Friday.
Source: ctv business
Canada unexpectedly loses 2,800 jobs in July

What’s going on in Canada’s condo market? An expert spoke with CTV’s Your Morning about when is a good time to buy.
Source: ctv business
Is it better to buy or rent? An expert shares her insights

An Ontario Superior Court is hearing arguments in a lawsuit filed by the granddaughter of billionaire businessman Frank Stronach, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct against him and settlements involving complainants.
Source: ctv business
Court hears arguments in civil suit filed by Frank Stronach’s granddaughter

Packages of Maple Leaf Foods chicken breasts are shown on a shelf at a grocery store in Oakville, Ont., Friday, Jan.6, 2023. THE CANADIAN PRESS/Richard Buchan
Source: ctv business
Maple Leaf Foods reports .2M Q2 loss compared with .7M loss a year ago

U.S. stocks are climbing toward their best day since February on Thursday after a better-than-expected report on unemployment eased worries about the slowing economy.
Source: ctv business
Wall Street rallies, and Dow jumps more than 500 after an encouraging update on U.S. unemployment

Experts say airfares may go up in the immediate aftermath of a hailstorm that tore through Calgary on Monday evening, damaging WestJet planes and upending travel plans for thousands of passengers.
Source: ctv business
Airfares could rise after Calgary hailstorm forces WestJet to cancel flights: experts

Samsung is recalling knobs on some of its electric stoves, warning that fires can be set off if pets — or even humans — bump into them.
Source: ctv business
Samsung is recalling 1 million stoves that let pets set homes on fire

No one likes being charged for missing an appointment – but some “no-show” fees are apparently easier to swallow than others.
Source: ctv business
Canadians split on ‘no-show’ fees at restaurants, poll finds