US Oil Prices Soar To 6-Year High In OPEC Standoff

The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach an agreement over oil policy management for the coming months. In Asian trade earlier in the day, WTI...

What’s next for Amazon’s Bezos? Look at his Instagram

Dwayne “The Rock” Johnson said it was time to bust out the tequila. Standing by the seashore, the celebrity wrestler and film star put his arm around Jeff Bezos, Amazon.com Inc’s (AMZN.O) founder. Bezos, in sunglasses, smiled for a picture and then...

(Michael Levy) Being Gouged at the Pumps

The BC provincial government frequently points fingers at the big gas companies for price gouging but with over a third of the price of gas going to taxes who’s gouging who? (Photo: Global...

Consumer confidence in Canada hits record on vaccine reopenings

Canadians are entering the second half of the year more confident about their economic prospects than they’ve ever been. Consumer sentiment marched higher to a new record last week, according to polling by Nanos Research Group for Bloomberg News, driven by optimism...

Semiconductor Shortage Slams Auto Sales in June

Toyota, after hoarding chips, blows away GM for first time ever. Ford Motor was the last major automaker to report US sales for June on Friday. Most others reported US sales on Thursday. GM and FCA don’t report monthly sales; they only report quarterly, so Q2 sales....
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