Money · Deals & Mergers
The two banks are handing Canada's largest payments processor to Francisco Partners, ending 25 years of domestic ownership just as officials talk up payments sovereignty.
Money · Startups & Tech Money
The Clearing House named Quant as the interoperability vendor for a tokenized-deposit network spanning 25 banks, and the announcement sent Quant's token surging even though the deal is a software licensing arrangement between financial institutions.
Money · Work & Careers
The European Central Bank switched on its Pontes settlement system for tokenised assets on 21 September 2026, describing it as wholesale plumbing even as officials confirm it is the first stage of the digital euro pilot.
Money · Markets & Crypto
The Federal Reserve's quarter-point increase and hawkish dot-plot have pushed U.S. rates well above the Bank of Canada's, and economists warn the resulting currency pressure could quietly raise import costs for Canadian households.
Money · Cost of Living
As Washington frames fresh sanctions on Tehran and Moscow as strategic pressure, American households are absorbing the real cost through pump prices, higher interest rates and a shrinking cushion of savings.
Money · Deals & Mergers
The regulator approved a $500-million debt-for-equity recapitalization that hands 99 percent of Corus Entertainment to its lenders, while exempting the deal from the levy normally used to fund Canadian content.
Money · Cost of Living
The Federal Reserve raised its benchmark rate to 3.75-4.00 percent on 17 September 2026, defying President Trump's calls for cuts, while Chair Kevin Warsh left the $40 trillion federal debt and tariff costs out of his public explanation.
Money · Work & Careers
New Census Bureau figures reported by Fortune show a sharp drop in early-career hiring for graduates of AI-exposed majors, a divergence that aggregate jobless-claims headlines this week do not capture.