Posthaste: More old Canadians and fewer working-age people is a $2 trillion time bomb
Canada's population is aging and that could spell financial trouble for the provinces, adding up to a $2 trillion budget liability. Read on. Source
Economy beats Bank of Canada forecast with 2.1% growth
Canada's economy grew 2.1 per cent in the second quarter, surpassing the Bank of Canada’s forecast. Read more Source
Bigger Bank of Canada rate cut now on the table: What economists say about GDP
Here's what economists think the latest GDP numbers mean for the Bank of Canada. Read on Source
Nvidia’s sales forecast fails to meet some of the loftiest expectations
The outlook threatens to tamp down an AI frenzy that has transformed Nvidia into the world’s second-most-valuable company. Keep reading here Source
Cannabis retailer Tokyo Smoke to close 29 stores amid creditor protection proceedings
Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection. Find out more. Source
Mars’ US$36 billion deal faces tough review from Lina Khan’s FTC
U.S. FTC chair Lina Khan's views on candy competition gain new relevance as she reviews Mars' deal for Cheez-It maker Kellanova. Read More. Source
Posthaste: Nearly half of post-secondary students can’t afford basics like food and housing, TD survey finds
Many are turning to the bank of mom and dad for help, but parents could be hurting their own financial health in the process. Keep reading. Source
Nvidia pays price of lofty expectations as AI trade shaken
Nvidia’s earnings report needed to be perfect for the U.S.' top stock, but it instead sparked a selloff. Read more on the situation. Source
Cocoa extends dip as West African rain forecast helps harvest
Cocoa futures fell for a third day on forecasts of rain in West Africa, pulling back from a weeklong rally. Find out more. Source
U.S. economy expands at revised 3% rate on resilient consumer
U.S. GDP rose at a three per cent annualized rate during the April-June period, up from the previous estimate of 2.8 per cent. Keep reading. Source