Community bonds: strengthening the ties of community while earning a financial return
By Ian Bickis, The Canadian Press on December 28th, 2023
Setting aside money for worthy causes can be a challenge, but one option that’s gaining momentum both gives back and a offers a good return on investment. Community bonds pay out interest, and eventually return the initial capital, in the same way as more conventional bonds, but the money is directed to social projects, and ... Read More »
Be the first to comment!US applications for jobless benefits rise but labor market remains solid
By Matt Ott, The Associated Press on December 28th, 2023
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups ... Read More »
Be the first to comment!US applications for jobless benefits rise but labor market remains very healthy
By Matt Ott, The Associated Press on December 28th, 2023
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups ... Read More »
Be the first to comment!Five things to watch for in Canadian business in 2024
By Craig Wong, The Canadian Press on December 28th, 2023
OTTAWA – Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected. Housing and the cost of living will likely remain at the forefront in 2024, as will central banks. Economists expect a shift in gears to interest rate ... Read More »
Be the first to comment!S&P/TSX composite closes with gain of more than 100 points; U.S. markets also up
By Ritika Dubey, The Canadian Press on December 27th, 2023
TORONTO – Canada’s main stock index moved higher on Wednesday as it caught up to U.S. gains on its first day of trading after the Christmas and Boxing Day holidays. Meanwhile, the major U.S. indexes closed up after a mixed start and almost negligible wavering through the day. The markets made a decent start to ... Read More »
Be the first to comment!S&P/TSX composite closes with gains of more than 100 points; U.S. markets also up
By The Canadian Press on December 27th, 2023
TORONTO – Canada’s main stock index closed higher on its first day of trading after Christmas, while U.S. stock markets were also up after wavering earlier in the day. The S&P/TSX composite index was up 134.72 points at 21,015.91. In New York, the Dow Jones industrial average was up 111.19 points at 37,656.52. The S&P ... Read More »
Be the first to comment!Stock market today: Wall Street drifts higher as a strong year for markets winds down
By Damian J. Troise, The Associated Press on December 27th, 2023
NEW YORK (AP) – Wall Street drifted to a slightly higher close as trading remained light on this holiday-shortened week. The S&P 500 edged up 0.1% Wednesday. The Dow rose 0.3% and the Nasdaq rose 0.2%. Markets are holding on to modest gains for the week so far, and the S&P 500 is coming off ... Read More »
Be the first to comment!2 models of Apple Watch can go on sale again, for now, after court lifts halt over a patent dispute
By The Associated Press on December 27th, 2023
Two higher-end models of the Apple Watch can go on sale again after a federal court temporarily lifted a sales halt ordered by the International Trade Commission over a patent dispute. The ITC, a federal agency, ordered the halt in October to block Apple from using specific technologies underpinning a blood-oxygen measurement system in its ... Read More »
Be the first to comment!The New York Times sues OpenAI and Microsoft for using its stories to train chatbots
By Haleluya Hadero And David Bauder, The Associated Press on December 27th, 2023
NEW YORK (AP) – The New York Times is striking back against the threat that artificial intelligence poses to the news industry, filing a federal lawsuit Wednesday against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots. The Times says that the companies are threatening its livelihood by effectively ... Read More »
Be the first to comment!Prime Video makes changes as it sets launch date for showing ads in Canada
By David Friend, The Canadian Press on December 27th, 2023
TORONTO – Amazon’s Prime Video has picked the date when it’ll begin showing commercials on its streaming service in Canada. Representatives for the company told The Canadian Press they’ve marked Feb. 5, 2024, for the launch of ad breaks within its TV and film programming, which includes action series “Reacher” and the “Mr. Dressup” documentary. ... Read More »
Be the first to comment!The New York Times sues OpenAI, Microsoft over the use of its stories to train chatbots
By The Associated Press on December 27th, 2023
NEW YORK (AP) – The New York Times has filed a federal lawsuit against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots, saying that copyright infringements at the paper alone could be worth billions. The paper joins a growing list of individuals and publishers trying to stop OpenAI ... Read More »
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