After launching in 2021, last year, financial platform Neon Money Platform became the first Black-owned tech business to bring out a credit card with AMEX. One of its other initiatives was to connect “financially like-minded” singles with an excellent credit score, so Neon Money Club launched its dating app, Score. Since then, the financial platform … Read more
A bipartisan group of Colorado lawmakers is again moving to direct a special $5 million infusion to Denver Health amid rising concerns about the hospital’s financial security and fears of a potential descent into a “death spiral.” Members of the powerful Joint Budget Committee, which gave initial approval to the allocation Wednesday night, acknowledged that … Read more
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian arm, describes how troubles befell … Read more
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that real gross domestic product increased by an annualized rate of one per cent, beating economists’ expectations and the Bank of Canada’s forecast for the final … Read more
On a December morning, dozens of people cycled through the benches outside Room 163 of the Denver City and County Building. A few cradled children, and some looked at the floor. Deja Balles held a document from her landlord. It demanded just shy of $2,700 in back rent for October, November and December. Like the … Read more
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more
Gov. Gen. Mary Simon has announced 78 new appointments to the Order of Canada — a list that includes activists, authors, artists, Indigenous leaders and other accomplished Canadians. Simon’s office announced three new appointments of “companions” — the highest level of the Order of Canada — 15 officers, including one honorary officer, and 59 members. A number of journalists were … Read more
Whether it’s mutual funds, savings accounts or stock trading, millions of Canadians depend on investments for their financial future. But for some Muslims, faith took many monetary options off the table because of religious restrictions around concepts like paying — or being paid — interest. It meant for years Canadians like Ammar Maqsud, who observes those religious tenets, couldn’t even put money in … Read more
Brad Clements, 82, has been growing Christmas trees near Milton, Ont., since the 1980s but is getting ready to pack it in. “We’re looking at closing it up in the next year or so, if not sooner,” said Clements, owner of Clembrook Christmas Farm. Clements and his wife aren’t passing the business on to a … Read more
