Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. Clodagh Kilcoyne | Reuters Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, appeared on CBS’ “Face The Nation” Sunday morning with a continued commitment … Read more

Beer sales are tanking. So Molson is investing $60 million in its Toronto plant to try something different

Beer sales are tanking.  So Molson is investing  million in its Toronto plant to try something different

Frederic Landtmeters is an optimist. As he guides one of the country’s oldest brands into a new era, the Belgian president of Molson Coors Canada has to be. “Something one of our colleagues in the industry said to me, literally, was, ‘This industry is doomed to decline forever.’ I mean, no. There is growth,” says … Read more

New Fitbit wearables help you stay on top of your health

New Fitbit wearables help you stay on top of your health

Poco, a Xiaomi-affiliated technology brand, announced the launch of Poco C40 in the Saudi market, to deliver quality on-the-go, budget-friendly entertainment experiences ready for the spring-summer season. Poco C40 offers a high-capacity 6,000 mAh battery and the biggest ever display on a Poco phone, for immersive viewing suited for an on-the-go lifestyle. It also couples … Read more

Tech layoffs and the workers they impacted

Tech layoffs and the workers they impacted

The technology sector has been a savor for thousands of Toronto workers during the pandemic: as service workers were laid off during lockdowns, the tech companies sucked them up, giving many a chance at new, more lucrative careers. But now it’s the tech sector that’s under duress: Over the past few months, major companies like … Read more

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief US equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market … Read more

Hiring process ‘broken’ in many Canadian firms, experts say. What’s the fix? – National

Hiring process ‘broken’ in many Canadian firms, experts say.  What’s the fix?  – National

As Canada continues to struggle with a nationwide labor shortage, some experts say that the hiring process in several organizations across varied sectors is “broken.” They say the issue has existed for a long time due to companies’ heavy reliance on referrals and was exacerbated by workplace changes caused by the COVID-19 pandemic. Read more: … Read more