TouchBistro is on the up-and-up

Source: @touch_bistro / Instagram.

Toronto-based TouchBistro, a software provider for restaurants, is breezing through a market downtown that has left venture capitalists holding their dollars verrry close to their chest.

What the Yeezy fall means for sneakerheads

If you’ve been keeping up with celebrity news, you probably know the sneaker market is in trouble right now. 

If not, we’ll explain what the death of Yeezy, an Adidas collaboration with the controversial (and now “cancelled”) rapper Kanye West, means for the ~$8 billion resale market—which some analysts consider to be an alternative asset class to, say, stocks or real estate. 

Whisky is a-go-go

No matter what’s happening in the economy, a stiff drink never goes out of fashion. 

Canadians feel the crunch

Canadians are starting to feel the economic crunch as the Bank of Canada continues to try and combat inflation more stubborn than a toddler before naptime. 

China locks down (again)

From squashing presidential term limits to picking fights with Taiwan, a lot is going on in China these days… so much so that we almost forgot about the zero-COVID crackdowns. 

Low cost hacks to winterize your home

Winter is around the corner and there’s a global gas shortage, which means higher energy bills—but some quick and easy DIY changes to your house can keep more money in your pocket. 

The economics of Halloween

If your last-minute Liz Truss costume (blonde wig, dark suit, everyone mad at you) fails to turn heads, perhaps you can impress trick-or-treaters with some fun tidbits about the economics of Halloween. Look no further—we’ve got you covered. 

Driving the news: Canadians will spend $1.64 billion on Halloween this year, up 21% from last year but still $730 million short of total spending in 2019 (the last before the pandemic).

Is it actually true that nobody wants to work?

Big Tech enters the worst of times

The mighty giants have fallen as the biggest US tech companies posted earnings reports that fell short of investor expectations and wiped nearly US$1 trillion in market value. 

The US dollar is wreaking havoc

A supercharged US dollar (USD) is beating up weaker global currencies like a schoolyard bully and leaving central banks scrambling to find a solution. 

Elon Musk is officially Chief Twit

After what felt like thousands of years (but was really just a few months) Elon Musk, finally, officially, and with no-take-backs, owns Twitter… now here comes the fun part.  

A $900 billion drop

Canadian household wealth dropped by ~$900 billion in Q2 of this year, which, as the largest quarterly drop seen on record, is kind of a big deal.  

YouTube’s certifying health professionals

From exercising organs to “hacking” menstrual cycles, there’s a ton of terrible medical advice on the internet… which is why YouTube is moving to certify channels of licensed professionals like doctors, nurses or therapists who produce health-related content.  

Health workers dip out

Canada's nurses are heading south of the border and towards greener pastures—in the midst of a healthcare worker shortage, no less. 

Identifying flying objects

That one person in every friend group who’s secretly (or vocally) obsessed with aliens could soon be vindicated as NASA takes a fresh look into the unknown entities flying in our skies. 

Here come the celeb deepfake ads

The image of Elon Musk taking a bubble bath once only existed in our deepest, darkest nightmares. 

But thanks to deepfake technology, that image, along with other celebrity facsimiles, has been brought into the real world for the noblest of purposes… advertising!

Macklem’s October surprise

The Bank of Canada (BoC) surprised markets after hiking rates by 0.5 of a percentage point yesterday (bringing the base rate to 3.75%), below the 0.75 hike most economists expected.

Pay off your credit cards to get recession ready

You've reined in your spending, tweaked your budget and started shopping sales—but with interest rates only going up, it’s time to finally deal with the dark debt cloud still hanging over your head. 

Earnings week kicks off with a whimper

Tech giants Microsoft and Alphabet kicked off a week packed with earnings reports, and the early results are… not great.

Driving the news: Results from Microsoft and Alphabet showed how the impacts of inflation on consumer spending, ongoing supply-chain challenges and a strong US dollar are creating serious challenges for big tech companies heavily dependent on cloud services and digital advertising.