How risky is it to extend Canadian mortgage amortizations?
By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the…
Category: Business
Thomson Reuters to acquire legal AI firm Casetext for $650 million
(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant…
US consumer confidence races to 17-month high; housing market regaining strength
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years…
Volvo EVs to now have access to Tesla superchargers
(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric…
Washington state plans to mandate Tesla’s charging plug -official
By Jarrett Renshaw (Reuters) -Washington state plans to require electric vehicle charging companies to include Tesla’s plug if they want…
US lawmakers make new push for expanded drone shootdown authority
By David Shepardson WASHINGTON (Reuters) – A group of bipartisan U.S. lawmakers said on Monday they are making a new…
Investors overly optimistic on speed, cost of taming inflation, says IMF
SINTRA, Portugal (Reuters) – The world’s top central banks may need longer to get inflation back down to target and…
Oil prices inch higher after political turmoil in Russia
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…
Tesla’s searing rally elicits downgrades, caution on Wall Street
By Aniruddha Ghosh (Reuters) -A blistering rally in Tesla Inc shares has powered the EV maker’s market value toward trillion-dollar…
Amazon cloud unit to invest nearly $8 billion in Ohio
(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations,…