National Business

With Canadians’ debt on the riseas they deal with surging pricesand interest rates, experts say many people are in the dark about the insolvency process, even though it could help those in dire straits get a clean slate.

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence.

LONDON (AP) — The Bank of England on Thursday paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises.

The Canadian Food Inspection Agency has issued a recall for two varieties of LittleOak brand infant formula because they have not been approved by Health Canada.

Toronto and Montreal airports were near-bottom in the race for passenger satisfaction this year, according to a study by J.D. Power.

EDMONTON — The Alberta government is set to release its long-promised report on whether the province should quit the Canada Pension Plan and pursue its own provincial program.

Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased.

CALGARY — A growing number of forecasts are calling for the return of US$100 oil before the end of the year — a prospect that could put even more pressure on consumers and make it harder for central bankers to rein in inflation.

MONTREAL — Travellers and the transportation sector at large have been rattled by the sudden ramp-up in tensions between Canada and India, but see no reason to rethink their overseas plans for now.