Tag: national business news

Canadians seeking financial advice from banks left unsatisfied

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Canadians seeking financial advice from banks left unsatisfied
Business News
Breadcrumb Trail LinksNews Executive Summary ExecutivesRoughly two-thirds of retail bank customers ‘financially unhealthy,’ the study findsPublished June 30, 2023 • 4 minute readPedestrians walk near a Royal Bank of Canada building in the financial district of Toronto. Photo by Brent Lewin/Bloomberg filesArticle content As high inflation, rising interest rates and market volatility take a toll on their finances, Canadians are seeking advice from their financial institutions, but some banks are not delivering this effectively, according to a new study.Advertisements 2This advertisement has not been loaded yet, but your article continues below.THIS CONTENT…

What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping

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What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping
Business News
Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop. The data agency reported Wednesday that retailers took in $65.9 billion in April. That’s an increase of 1.1 per cent from March’s level. Just about every type of store booked higher sales during the month, with the exception of furniture, electronics and appliances retailers, where sales shrank by 1.6 per cent from March’s level. So-called core retail sales, which strip out volatile items like gas, cars and car parts, actually increased…

Breaking News, Business, Financial and Economic News, World News from EconoTimes

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Breaking News, Business, Financial and Economic News, World News from EconoTimes
Business News
©PUBLISH holdings LLC . All Rights Reserved. By using this site, you agree to the Terms of Service, Privacy Policy, and Cookie Policy.Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of…

Settlement reached in Fox vs Dominion lawsuit

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Settlement reached in Fox vs Dominion lawsuit
Business News
Justin Nelson, Dominion’s lead counsel, appears on CNN. (CNN)Dominion Voting Systems had two goals in its defamation case against Fox News — accountability and “trying to make Dominion whole,” said Justin Nelson, the lead counsel election technology company. Both were accomplished in this settlement, he told CNN on Tuesday. The payment of more than $787 million by Fox News to Dominion and the network’s statement acknowledging that its coverage of the 2020 election was false was “a strong message of accountability” and an important victory for the employees of his client’s company. “This is really the first time that…