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97 stories in the last 48 hours · updated 15:02 WAT

File picture: Юрий Д.К. via Wikimedia Commons, CC BY 4.0
Breaking Business · Banking 2 publications

Bank of Canada Raises Interest Rates to 2.5%, First Hike Since 2023

The Bank of Canada raised its benchmark overnight interest rate by 25 basis points to 2.5% on Wednesday. It's the first increase since July of 2023. Governor Tiff Macklem says this move could reduce inflation risks posed by higher energy prices. (Source: Bloomberg) Excerpt, Bloomberg Markets

Source Bloomberg Markets also Al Jazeera English

File picture: Thijs ter Haar via Wikimedia Commons, CC BY 2.0

Dolly Parton's free-book charity raises over $150,000 after her death

In the wake of Dolly Parton's passing, the Imagination Library saw a remarkable increase in registrations. In August alone, Knox County welcomed nearly 950 new children to the program. Additionally, over $150,000 was generated through a fundraising initiative to bolster the library's mission. Establ Excerpt, The Times of India

Source The Times of India

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