Empty downtowns, booming suburbs, pension trouble and why after-work drinks are a bad idea: Must-read business and investing stories

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Plus, corporate profits have dropped for the first time since 2020

Getting caught up on a week that got away? Here’s your weekly digest of The Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more., going for after-work drinks with your co-workers and boss has long been seen as a way for company employees to network and bond. But as Sarah Micho writes, for women and other marginalized groups, this common social practice.

It can create barriers to professional growth and advancement, which is why it’s time for company leaders to rethink the role alcohol plays in unlocking professional success.Credit cards are the most common form of payment in Canada, and their use skyrocketed during the pandemic – when no one took cash and everyone mastered the “tap.” But how the credit-card system actually works is something most of us rarely think about.

 

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Well that's weird, cause I'm pretty sure rural and suburban areas are all small tightknit communities in some instances, so you're guaranteed to be drinking with not only coworkers but family, friends, boss might stop by. Sounds like you're slinging a bunch of crap. 😘

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