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European Central Bank, seeing no signs of recession, cuts interest rates again

European Central Bank, seeing no signs of recession, cuts interest rates again

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the bloc to slide into recession as it cut borrowing costs once again Thursday in the wake of recent data showing infl
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.
Ontario to speed up environmental assessments, property acquisitions for Highway 413

Ontario to speed up environmental assessments, property acquisitions for Highway 413

Ontario plans to speed up the building of highways by facilitating construction 24 hours a day, accelerating property acquisitions, and creating a faster environmental assessment process.
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.
BRP looks to sell marine businesses, ‘double down’ on powersports: CEO

BRP looks to sell marine businesses, ‘double down’ on powersports: CEO

MONTREAL — BRP Inc. has put its marine businesses up for sale as it looks to focus on powersports products and cut the cable to its money-losing boat brands. The Valcourt, Que.
US shoppers spent more at retailers last month in latest sign consumers are driving growth

US shoppers spent more at retailers last month in latest sign consumers are driving growth

WASHINGTON (AP) — Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices. Retail sales rose 0.
Mid-sized banks see higher customer satisfaction than Big Five: J.D. Power survey

Mid-sized banks see higher customer satisfaction than Big Five: J.D. Power survey

TORONTO — A survey from J.D. Power shows customer satisfaction is higher at mid-sized banks than the Big Five as Canadians are focused especially on fees.
Driving for Uber or writing on Fiverr? How to handle taxes on digital platform income

Driving for Uber or writing on Fiverr? How to handle taxes on digital platform income

Digital platforms like Uber, Airbnb and Etsy have made it easier than ever to make some extra cash on the side, but experts say you need to be diligent about tracking and reporting that additional income, or risk the consequences.
France’s richest family shaking up soccer with planned purchase of second-tier Paris FC

France’s richest family shaking up soccer with planned purchase of second-tier Paris FC

PARIS (AP) — France’s richest family, the Arnaults of luxury empire LVMH, announced the planned purchase of second-division soccer club Paris FC on Thursday.
US shoppers spent more at retailers last month in latest sign consumers are driving growth

US shoppers spent more at retailers last month in latest sign consumers are driving growth

WASHINGTON (AP) — Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices. Retail sales rose 0.
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