Month: August 2023

Mortgage stress looms over Canada’s big banks. What they — and consumers — can do – National

Canadian consumers are facing mounting financial pressure amid higher interest rates, and it’s something Canada’s biggest lenders are bracing for. But there are steps that borrowers — and the banks themselves — can take to soften the blow. The latest bank earnings showed risks of a slowing economy are weighing on the country’s largest financial […]

Hurricane Idalia Is About to Slam Florida With a Wall of Water

Early Tuesday morning, Tropical Storm Idalia strengthened into Hurricane Idalia, charting a course for Florida’s west coast and panhandle. Its maximum sustained winds have already reached nearly 100 miles per hour, and it’s expected to keep feeding on exceptionally warm ocean waters and intensifying before making landfall early Wednesday.  It will pound Florida—including heavily populated […]

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