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Nvidia’s stock market value tops $3.3 trillion Jun 20th
Nvidia’s startling ascent in the stock market reached another milestone Tuesday as the chipmaker rose to become the most valuable company in the S&P 500. Investors now say the company is worth over $3.3 trillion.
Nvidia has seen soaring demand for its semiconductors, which are used to pow.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 22nd
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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New IMF report warns of Canada’s high debt levels + MORE Oct 12th
In the new report, the International Monetary Fund says these dynamics in Canada’s private non-financial sector leaves its economy more sensitive to tighter financial conditions..... More »
Bell Canada’s wireless, media units drive revenue growth at BCE in third quarter + MORE Nov 3rd
MONTREAL – BCE’s third-quarter revenue and profit were up from the same time last year as Bell Canada added subscribers to specialty TV, digital TV, Internet, and wireless services — offsetting lower revenue from advertising and conventional phone service.
The Montreal-based company (T.... More »
Arrested man denies being jogger who pushed woman into bus - CTV News + MORE Aug 11th
CTV NewsArrested man denies being jogger who pushed woman into busCTV NewsLONDON -- Lawyers for an American investment banker arrested on suspicion of pushing a woman into the path of a London bus say he had nothing to do with it. Law firm Duncan Lewis Solicitors says its client "has been wrong.... More »
Google rolls outs tool designed to make it easier for people to buy products on smartphones
– canadianbusiness.com
SAN FRANCISCO – Google is introducing a way for shoppers browsing on their smartphones to buy merchandise by tapping on a button included in the ads appearing in its search results.
The buying button unveiled Wednesday is part of Google’s attempt to make it easier for people to shop on mobile devices and divert online traffic from e-commerce leader Amazon.com Inc.
The feature, called “Purchases on Google,” completes sales using financial information that already has been stored with Google. Participating merchants can still gather information about customers using Google’s buying button.
Facebook also has been testing a similar buying button in ads appearing in its social network.
About a dozen retailers are initially using Google’s buying button. Google is hoping to increase the number of merchants before the end of this year.
The post Google rolls outs tool designed to make it easier for people to buy products on smartphones appeared first on Canadian Business – Your Source For Business News.
The buying button unveiled Wednesday is part of Google’s attempt to make it easier for people to shop on mobile devices and divert online traffic from e-commerce leader Amazon.com Inc.
The feature, called “Purchases on Google,” completes sales using financial information that already has been stored with Google. Participating merchants can still gather information about customers using Google’s buying button.
Facebook also has been testing a similar buying button in ads appearing in its social network.
About a dozen retailers are initially using Google’s buying button. Google is hoping to increase the number of merchants before the end of this year.
The post Google rolls outs tool designed to make it easier for people to buy products on smartphones appeared first on Canadian Business – Your Source For Business News.
Canada’s housing boom continued in June, with data from the Canadian Real Estate Association showing the average price of a home sold in Canada at $453,560 – a rise of 9.6 per cent from the same month a year earlier.
The Financial Post’s Kristine Owram looks at some of the day’s top business and financial stories.
Reuters CanadaWages of fear trap Mexican prison guards in corruption spiralReuters CanadaMEXICO CITY (Reuters) – Working for a modest wage among powerful criminals, Mexican prison guards are caught between a rock and a hard place, often helpless against the muscle and financial might of drug gangs like Joaquin "El Chapo" Guzman's …El Chapo's escape: Final moments behind bars caught on cameraCTV NewsMexico drug lord's escape tunnel reveals ingenuity, audacityToronto StarMexico blames human rights laws for El Chapo escapeTelegraph.co.ukABC News -New Zealand Heraldall 4,084 news articles »
Bank of Canada rate cuts and its impact on mortgage rates
– moneysense.ca
Bank of Canada rate cuts and its impact on mortgage rates (mstay/Getty Images)For home buyers and sellers it could be considered Christmas in July. The Bank of Canada rate cut today already prompted one bank to cut its lending rate and others are expected to follow.
But is this good news? Well it depends where you are in the real estate cycle.
Buying a home
If you’re in the market to buy a home, today is just another day. Sorry. It’s just not Christmas in July. Why, you ask? Because the BoC’s rate cut won’t translate into any new significant savings. Both fixed and variable rates are already at historically low levels and any cut the banks will offer will be minimal, at best.
But the rate cut is still good news. It means that your cost to buy that home continues to be extremely low and will remain low for the next few months, at least. What’s even crazier is the possibility that rates could actually drop again this year. “Economists believe there’s more than a 70% chance of another rate cut in September,” says Robert McLister of RateSpy…
