Veteran business correspondent at National Post/Financial Post. Coverage includes: finance, pensions, regulation, governance, ESG. [email protected]
Canada
Joined February 2009
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Barbara Shecter retweeted
The United States dropped its recommendation for all children to be vaccinated against influenza, rotavirus, meningococcal disease, and hepatitis A, sparking warnings from public health experts reut.rs/4pjbGfP
Barbara Shecter retweeted
Financial Post delivers the business news you need to make the right decisions.
Barbara Shecter retweeted
BREAKING# Bank of Canada warns nation's renters showing signs of financial strain financialpost.com/news/econo…
Barbara Shecter retweeted
AI ‘hallucinated’ fake legal cases allegedly filed to B.C. court in Canadian first dlvr.it/T1nmPp
Barbara Shecter retweeted
This was a very strange strategy choice by the province. They based their entire pitch on a number everyone knew was not credible (that’s why Kenney and Toews locked the report up for years) instead of on any other reason to create our own plan. Did they want it to fail?
“Alberta has paused its pension campaign … because the public questions the validity of the calculations offered by the provincial government”
Turns out taking 53% of the CPP wasn’t seen as credible… 🤭 theglobeandmail.com/canada/a…
Barbara Shecter retweeted
A relatively inexpensive program in California schools helped improve students' reading ability more than costlier options, a new study found, potentially offering a new tool to educators as they look to help students recover from pandemic setbacks. nyti.ms/3uL9ffH
Barbara Shecter retweeted
Bank of America pays $12 mln fine for misreporting mortgage data reut.rs/3N3gwxJ
Barbara Shecter retweeted
UK bans vague ‘sustainability’ fund labels in greenwashing crackdown on.ft.com/415JCCo
Barbara Shecter retweeted
Remote work has EXTENDED the length of many Americans' Thanksgiving vacation, with Sunday before now bigger travel day than Wednesday trib.al/F8um6q7
Barbara Shecter retweeted
For years, senior employees at Binance knew that some of its users were criminals. Yet, despite regular warnings that some transactions on Binance.com were violating anti-money-laundering laws, the firm was reluctant to cut them off. nyti.ms/47pVJwp
Barbara Shecter retweeted
Breaking: The CEO of Binance, Changpeng Zhao, plans to step down and plead guilty to violating U.S. anti-money laundering requirements. The cryptocurrency exchange will also pay $4.3 billion in fines. on.wsj.com/3utF38D on.wsj.com/3utF38D
Barbara Shecter retweeted
To the extent that some Albertans retire outside elsewhere, the APP would continue to fund those benefits. It's hard to be precise on this point, without more detailed data than exists publicly, but it's at least a part of the imbalance many point to. An APP wouldn't change that.
Barbara Shecter retweeted
CMHC CEO Romy Bowers is sett to depart in December, Michel Tremblay will take the helm until new president is chosen:
newswire.ca/news-releases/ch….
Barbara Shecter retweeted
The DOJ expanded its investigation into Tesla’s business practices to include how far its vehicles can travel on a full charge and “personal benefits” to executives or large shareholders. The disclosure follows reports that Tesla misled customers. nyti.ms/404GMNv
Barbara Shecter retweeted
A 2019 report suggests remote workers are 4.4% more productive because of quieter environments, fewer interruptions, and the ability to structure their workday. s.hbr.org/3PWOrbS
Barbara Shecter retweeted
Long U.S. Treasury yields may rise further despite near-term swings, BlackRock says theglobeandmail.com/investin…
Barbara Shecter retweeted
'It was a bit messy:' Toronto mayor promises to improve CafeTO program for restaurant owners after rocky rollout
cp24.com/news/it-was-a-bit-m…
Barbara Shecter retweeted
Striking and wage inflation that comes with it is a lag effect of price inflation. I still can’t believe there were those positioning for a Fed Pivot this year. 🤷♂️
420,000 workers are now on strike in the United States, according to Bank of America.
Estimates show that up to 545,000 workers are likely to be on strike by the end of 2023.
This would be the most workers on strike since 1983, which also happens to be the last time inflation was an issue.
Meanwhile, a record 447,000 people now hold 2 full-time jobs in the US.
Consumers are feeling the pain of inflation.
Barbara Shecter retweeted
On Friday, a key inflation measure continued to slow. It's the latest evidence that a return to normal after the pandemic and higher interest rates are combining to wrestle rapid price increases back to a more normal pace. nyti.ms/468AQVX