Bank of Canada warns of financial instability amid record-high interest rates, citing concerns over stretched asset valuations and mortgage payment hikes, urging vigilance.
Sectors
Warner Music Copyright Infringment Case: Supreme Court Sides With Music Producer
Sherman Nealy can sue Flo Rida for a decade-old copyright violation if the US Supreme Court extends copyright damages.
Target Cuts Pride Merch Ahead of June After 2023 Fiasco
Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month.
Outgrowing the Bookkeeper: How kept.pro's Founder Discovered a Niche for Fractional Accounting Team Services
In the world of startups and small businesses, there comes a pivotal moment when the financial demands of a growing company begin to outstrip the capabilities of a single, overworked bookkeeper. It's a familiar story: the founder, once able to keep track of every penny spent and earned, suddenly find themselves drowning in a sea of spreadsheets and invoices, all while trying to steer their business towards profitability.
VP Kamala Harris Unveils $100 Million Initiative for Detroit's Auto Sector Transition to EVs
Vice President Kamala Harris announced a $100 million funding initiative in Detroit to support small and medium-sized auto manufacturers transitioning to electric vehicle production.
Latest News
Disney and Warner Bros. partner to launch a mega streaming bundle, combining Disney+, Hulu, and Max services to attract subscribers amidst fierce competition.
The Chevrolet Malibu will be discontinued, killing the brand's last sedan. It's a part of GM's efforts to embrace EVs.
A Hyundai and Kia unit was accused of illegally repossessing cars from military service members. The financial unit now wants to settle charges.
Microsoft's Xbox division is preparing for further job cuts to align with ongoing restructuring efforts to optimize its gaming subsidiaries following massive acquisitions and cost-cutting initiatives.
The Biden Admin's anti-credit card junk fee regulation could be frozen at the last minute. Will USCOC's request be accepted?
Roblox's second-quarter bookings fell short, with shares dropping nearly 20% and revenue missing expectations at $780.7 million compared to the anticipated $784.9 million.
TikTok introduces a new feature to automatically label artificial intelligence-generated content (AIGC) with guidance from experts and collaboration with OpenAI through its recent membership in the Coalition for Content Provenance and Authenticity (C2PA).
A FedEx Airlines Boeing 767 cargo plane landed in Istanbul without its front landing gear, sparking an ongoing investigation, which adds to Boeing's multiple aircraft incidents in 2024 alone.
A shortage of Huy Fong Foods’ Sriracha sauce could be on the way. Here’s why. Huy Fong Foods has suspended the manufacturing of Sriracha, a beloved chili sauce, after discovering that the supply of spicy peppers was inadequate due to the harsh climate.
