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US to end Russia's ability to pay international investors

US to end Russia's ability to pay international investors

WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
Interest in mortgages from alternative lenders up as rates rise: Brokers

Interest in mortgages from alternative lenders up as rates rise: Brokers

TORONTO — Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
Side gigs and spreadsheets: How two Canadians paid down their student debt faster

Side gigs and spreadsheets: How two Canadians paid down their student debt faster

Ashley MacPherson, a 33-year-old pharmacist based in Vernon Bridge, P.E.I., owed $128,000 between provincial and federal student loans, as well as a student line of credit, after graduating in 2015.
Californians could see mandatory water cuts amid drought

Californians could see mandatory water cuts amid drought

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom threatened Monday to impose mandatory water restrictions if residents don't use less on their own as a drought drags on and the hotter summer months approach.
'Never have I been so ashamed': Russian envoy criticizes war

'Never have I been so ashamed': Russian envoy criticizes war

DAVOS, Switzerland (AP) — A veteran Russian diplomat to the U.N.
'Late to the party': Seasonal businesses face hiring struggle amid low jobless rate

'Late to the party': Seasonal businesses face hiring struggle amid low jobless rate

Seasonal industries are struggling to ramp up ahead of the busy summer rush as Canada's rock-bottom unemployment rate and swelling job vacancies create an acute hiring crunch.
Wall Street poised for gains after flirting with bear market

Wall Street poised for gains after flirting with bear market

NEW YORK (AP) — Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.
Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Econo
Biden launches Indo-Pacific trade deal, warns over inflation

Biden launches Indo-Pacific trade deal, warns over inflation

TOKYO (AP) — President Joe Biden launched a new trade deal with 12 Indo-Pacific nations Monday aimed at strengthening their economies as he warned Americans worried about high inflation that it is "going to be a haul” before they feel relief.
Pfizer says 3 COVID shots protect children under 5

Pfizer says 3 COVID shots protect children under 5

Three doses of Pfizer’s COVID-19 vaccine offer strong protection for children younger than 5, the company announced Monday. Pfizer plans to give the data to U.S. regulators later this week in a step toward letting the littlest kids get the shots.