Howard Marks says interest rates won’t return to zero anytime soon. The billionaire investor warns the ballooning US federal debt may cause problems in the future. Marks says AI won’t replace the best investors, and the banking fiasco shone a light on bitcoin. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Howard Marks says rock-bottom rates are history, bitcoin has its uses, and AI won’t replace the best investors. Here are his 8 best quotes from a new interview.
LinkedIn’s top economist explains the AI trend that could mark a tipping point – and the under-the-radar labor market shifts unfolding now
In an interview with Insider, LinkedIn’s head of macroeconomics broke down labor market trends and AI. LinkedIn data shows the number of jobs on the site mentioning ChatGPT jumped by 51% from 2021 to 2022. AI’s impact is in its early days, he said, but once non-tech firms start using it, the productivity jump could… Continue reading LinkedIn’s top economist explains the AI trend that could mark a tipping point – and the under-the-radar labor market shifts unfolding now
20 stocks expected to outperform the market, including one by 2,637%, according to a fintech company that tracks Wall Street’s top analysts’ price targets
The S&P 500 could see a steeper downturn for the remainder of the year. This could mean a micro-driven market of stock pickers will outperform the broad market. Below is a list of 20 stocks with high upside compiled by TipRanks, a data-driven financial company. US stocks may have an ugly year ahead, says popular… Continue reading 20 stocks expected to outperform the market, including one by 2,637%, according to a fintech company that tracks Wall Street’s top analysts’ price targets
Backing up expense claims on your taxes could save you from CRA trouble
Jamie Golombek: Failure to supply adequate receipts landed one taxpayer in hot water with the CRA Published Apr 13, 2023 • Last updated 1 day ago • 5 minute read Take special care to ensure that you have appropriate backup for any expenses you intend to claim on your taxes. Photo by Getty Images/iStockphoto As you… Continue reading Backing up expense claims on your taxes could save you from CRA trouble
Bank of Canada Q+A: Where do interest rates go from here?
FP editor-in-chief Kevin Carmichael answers your questions on the Bank of Canada, interest rates, inflation and the economy Get the latest from Kevin Carmichael straight to your inbox Published Apr 12, 2023 • Last updated 1 day ago • 1 minute read Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing… Continue reading Bank of Canada Q+A: Where do interest rates go from here?
Bank of Canada holds interest rate, but get ready for higher for longer
Kevin Carmichael: The good news, no recession; the bad news, inflation is proving tough to beat Get the latest from Kevin Carmichael straight to your inbox Published Apr 12, 2023 • Last updated 2 days ago • 6 minute read Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing an interest… Continue reading Bank of Canada holds interest rate, but get ready for higher for longer
Former Bank of Canada chief sits on cash, waiting for bonds to tumble
David Dodge says global economy is entering a new phase where real interest rates and inflation are higher Author of the article: Bloomberg News Randy Thanthong-Knight Published Apr 12, 2023 • Last updated 2 days ago • 2 minute read Former Bank of Canada Governor David Dodge says interest rates are bound to stay higher for… Continue reading Former Bank of Canada chief sits on cash, waiting for bonds to tumble
WeightWatchers surges on obesity-drug related deal, new Wall Street bull
Shares soared as much as 44% Tuesday Author of the article: Bloomberg News Carmen Reinicke Published Apr 11, 2023 • Last updated 2 days ago • 1 minute read A statue of a girl facing the Wall St. Bull in the financial district in New York. Photo by Brendan McDermid/Reuters/File Photo Shares of WW International Inc.,… Continue reading WeightWatchers surges on obesity-drug related deal, new Wall Street bull