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Tempted to switch to an online-only bank? Know the perks and drawbacks

Tempted to switch to an online-only bank? Know the perks and drawbacks

Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad. "Saving money was the main motivator," Morgan, now a financial educator and founder of Canadianbudget.
TD Bank announces new co-heads of U.S. commercial banking business

TD Bank announces new co-heads of U.S. commercial banking business

TORONTO — Toronto-Dominion Bank has named new co-heads of its U.S. commercial banking business. TD says Andy Bregenzer and Jill Gateman will jointly lead the operations.
Court approves sale of Sleep Country to Fairfax Financial

Court approves sale of Sleep Country to Fairfax Financial

TORONTO — The sale of Sleep Country Canada Holdings Inc. to Fairfax Financial Holdings Ltd. has received final court approval.
Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports

Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports

DETROIT (AP) — With a strike deadline looming , the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen's union come to the bargaining table to negotiate a new contract. The U.S.
The number of Americans filing for jobless aid falls to lowest level in 4 months

The number of Americans filing for jobless aid falls to lowest level in 4 months

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21.
The number of Americans filing for jobless aid falls to lowest level in four months

The number of Americans filing for jobless aid falls to lowest level in four months

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21.
US economy grew at a solid 3% rate last quarter, government says in final estimate

US economy grew at a solid 3% rate last quarter, government says in final estimate

WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its previous estimate unchanged.
Hong Kong court sentences journalist to 21 months in jail in case seen as barometer of press freedom

Hong Kong court sentences journalist to 21 months in jail in case seen as barometer of press freedom

HONG KONG (AP) — A Hong Kong court sentenced a former editor of a shuttered news publication to 21 months in prison on Thursday in a sedition case that is widely seen as an indicator of media freedom in the city, once hailed as a beacon of press free
Economy to grow moderately, rates to fall below three per cent next year: Deloitte

Economy to grow moderately, rates to fall below three per cent next year: Deloitte

Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025.
'Not impossible': Facebook whistleblower Haugen talks protecting kids on social media

'Not impossible': Facebook whistleblower Haugen talks protecting kids on social media

TORONTO — Facebook whistleblower Frances Haugen feels "extremely hopeful" about society's ability to push social media platforms into being safer but for change to come, she says these companies need to be motivated in a new way.