National Business

TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.

WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easin

REGINA — The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found. Chief economist J.P.

MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc.

TORONTO — Publishing giant Scholastic says it has signed a US$186 million agreement to invest in the company behind television programs "Daniel Tiger’s Neighborhood," "Doc McStuffins" and "Octonauts.

From claims of its potential to protect against inflation to ushering in a new era of decentralization, cryptocurrency has been hailed by enthusiasts from all walks of life as the future of investing.

BRUSSELS (AP) — The European Union's executive arm will recommend that member countries open accession negotiations with Bosnia-Herzegovina, European Commission President Ursula von der Leyen said Tuesday.

LOS ANGELES (AP) — “Barbenheimer” brought a bump not a boom to Oscars ratings. An estimated 19.5 million people watched Sunday night's 96th Academy Awards ceremony on ABC. That's the biggest number drawn by the telecast in four years.

HALIFAX — A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner SaltWire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.

NEW YORK (AP) — Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world by the end of next month.