A $100,000 pension today won’t be worth the same a decade from now, experts warn An Ottawa couple both work for the civil service and have indexed pensions. But will they be enough to allow the pair to retire early? Photo by Tony Caldwell/Postmedia News Married Ottawa couple Joel and Natalie* are on the hunt… Continue reading This couple wants to retire early, but are their government pensions enough?
Stock Market Today: S&P 500 Snaps Weekly Losing Streak
Stocks closed higher Friday, putting an end to a string of weekly losses for the broad market. This stretch of negative price action resulted in stiff February losses for the major benchmarks, which may have sparked a relief rally in recent sessions. Declining Treasury yields and a solid reading on the U.S. services sector also… Continue reading Stock Market Today: S&P 500 Snaps Weekly Losing Streak
Green Thumb Industries Kicks Off Marijuana Earnings Season: This Week in Cannabis Investing
This week, Green Thumb Industries (GTBIF (opens in new tab)) kicked off a busy stretch of fourth-quarter and end-of-year earnings releases from cannabis companies. Several announcements have already been released from marijuana stocks that are of less interest due to poor management, balance sheets, capital allocation and business strategy. Those reports have come and gone,… Continue reading Green Thumb Industries Kicks Off Marijuana Earnings Season: This Week in Cannabis Investing
Dow jumps 387 points as US stocks snap weekly losing streak after rate fears ease
Jennifer Sor Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson/Reuters US stocks climbed higher on Friday, snapping a weekly losing streak. Fears of a move back to bigger rate hikes were eased as traders digested comments from Fed officials. Atlantic Fed President… Continue reading Dow jumps 387 points as US stocks snap weekly losing streak after rate fears ease
Apple stock has 5 under-the-radar drivers that could catapult it to a near-$4 trillion valuation, Morgan Stanley says
Apple stock still has a lot of upside that some investors may be underestimating, according to Morgan Stanley.Morgan Stanley said five under-the-radar catalysts could send Apple stock to its bull-case scenario of $230.The bullish target represents 53% upside and would catapult Apple to a near-$4 trillion valuation. Loading Something is loading. Thanks for signing up!… Continue reading Apple stock has 5 under-the-radar drivers that could catapult it to a near-$4 trillion valuation, Morgan Stanley says
Russia’s oil and gas revenue reportedly tanked in February as price caps and sanctions ate into export earnings
Russia’s revenue from oil and gas exports almost halved in February of this year, Bloomberg reported. Price caps and sanctions imposed by Western countries have eroded Moscow’s energy earnings. The tax revenue Russia collects from selling oil and gas sank 46% in February from a year earlier. Loading Something is loading. Thanks for signing up!… Continue reading Russia’s oil and gas revenue reportedly tanked in February as price caps and sanctions ate into export earnings
The CRA generally lets you claim family medical expenses — not this time
Jamie Golombek: Tax law quirk means a spouse isn’t explicitly allowed to claim medical expenses paid by other spouse For couples, married or common-law, it’s often suggested that all the family’s medical expenses be pooled together and claimed on one spouse’s or partner’s tax return. Photo by Getty Images/iStockphoto Tax season is upon us and… Continue reading The CRA generally lets you claim family medical expenses — not this time
Stock Market Today: Stocks Brush Off Disappointing Tesla Investor Day
The first half of Thursday looked a lot like Wednesday for investors. The Dow Jones Industrial Average outperformed its peers, this time on a solid earnings reaction for Salesforce (CRM (opens in new tab)). Meanwhile, the S&P 500 and Nasdaq Composite lagged as Treasury yields remained elevated and Tesla (TSLA (opens in new tab)) shares… Continue reading Stock Market Today: Stocks Brush Off Disappointing Tesla Investor Day