Bloomberg Consumer price inflation cooled as gasoline prices fell by the most since the start of the pandemic, though underlying price pressures will likely push the Bank of Canada to continue delivering aggressive rate hikes. The consumer price index rose 7.6% in July from a year earlier, Statistics Canada reported in Ottawa. The inflation gauge increased 0.1% from a ...

  Bloomberg Apple Inc laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant’s hiring and spending, according to people with knowledge of the matter. About 100 contract workers were let go in a rare move for the world’s most valuable company, said the people, who asked not to ...

  Bloomberg Denmark’s prime minister, who faces an election in coming months, is considering a cap on rising rents. Rents, which are tied to the Danish consumer price index, are rising so fast that students and other people can’t afford to pay them, Mette Frederiksen told broadcaster TV2. A cap would be temporary and could limit rental increases to 4% ...