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Canada’s annual inflation rate has been steadily declining since last summer, as global price pressures ease and high borrowing costs weigh on spending. ....
Canada's annual inflation rate has been steadily declining since last summer, as global price pressures ease and high borrowing costs weigh on spending. ....
Tonight. lester janis mackey frayer, thank you. back home this evening, late-breaking news billionaire elon musk has dropped his bid to buy twitter. tom costello joins me. tom, why is this happening now? reporter: well, he s notified twitter he is terminating this $44 billion deal he alleges twitter has not complied with its contractual obligations. musk has been saying he doesn t believe twitter s claims that only 5% of its accounts are spam. by backing out, he could have to pay a billion-dollar breakup fee. twitter says it will pursue legal action to force musk to complete the deal meanwhile, a very big economic development today with a very strong jobs report employers added 372,000 jobs in june the unemployment rate hovering, still 3.6% as the fed focuses on taming inflation today s employment report surprised even the optimists. employers have now added more private sector jobs than before the pandemic. ....
The central bank has projected that retail inflation will be at 5.7 per cent in the current financial year. Looking ahead, food inflation pressures are likely to continue, RBI Governor Shaktikanta Das said. ....