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Business News
Faster cuts and slower cuts both on table for Bank of Canada, deliberations show
U.S. Federal Reserve cuts interest rates by half a percentage point
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market.
Tupperware, pioneer of food storage and sales parties, files for bankruptcy
Tupperware Brands, the company that revolutionized food storage decades ago and saw exponential growth with Tupperware parties, has filed for bankruptcy after years of financial woes and slumping sales due to cheap online competition.
Bank of Canada shelves idea for digital Loonie
The Bank of Canada confirmed to CBC News it has shifted its focus away from the idea of introducing a digital Canadian dollar, which could be used for online purchases and money transfers.
Need an electric charger? This Canadian company is figuring out where to put them
Bank of Canada to cut deeper and faster, predicts Desjardins' Jimmy Jean
Rogers to become majority owner of MLSE after buying Bell's stake for $4.7B
Rogers Communications has bought Bell out of its stake in Maple Leaf Sports & Entertainment, the company that owns the Toronto Maple Leafs and Toronto Raptors, for $4.7 billion.
Posthaste: More Canadians consider starting their own business
New home construction down 22% in August, says CMHC
Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July.
Here's what economists had to say about the latest inflation numbers
What Ottawa's new mortgage rules mean for homebuyers, banks and real estate
How Halifax became cool: City's outgoing mayor sees even bigger things ahead
A key employee says the Titan sub tragedy could have been prevented
A key employee who labeled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that he frequently clashed with the company's co-founder and felt the company was committed only to making money.
Instagram rolls out teen accounts, other privacy changes designed to protect those under 18
Instagram is introducing separate teen accounts for those under 18 as it tries to make the platform safer for children amid a growing backlash against how social media affects young people's lives.
Inflation rate slows to 2%, raising odds of bigger Bank of Canada rate cut
Boeing says it's considering temporary job cuts during factory worker strike
Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers' strike that began last week, the company told employees Monday.
Canada's inflation rate finally hit the Bank of Canada's target. What does that mean for prices?
Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
Posthaste: Slumping 'business dynamism' yet another sign Canada's economy is ailing
Facebook owner Meta bans Russian state media outlets over 'foreign interference activity'
Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry out influence operations while evading detection on the social media company's platforms.