Sam Altman’s Worldcoin is in talks to raise up to $120 million, The Block reported. The Andreeseen-backed crypto project is targeting sovereign funds as a lead investor. Worldcoin has come under fire over privacy concerns as a fledgling startup that’s gathering loads of personal biometric data. Loading Something is loading. Thanks for signing up! Access… Continue reading The eyeball-scanning crypto startup founded by ChatGPT creator Sam Altman is reportedly on the hunt for a lead investor to raise up to $120 million
Anthony Scaramucci, Coinbase boss Brian Armstrong and other crypto bigwigs are raging about the ‘lazy’ SEC’s crackdown on Kraken’s staking service. Here’s what 8 luminaries have to say.
Kraken will shut down its US crypto “staking” program and pay $30 million to settle SEC charges. It’s the regulator’s first big crackdown on firms that offer a return to customers who stake their crypto. Here’s what 9 top voices in the crypto world have to say about the Kraken move and what it means.… Continue reading Anthony Scaramucci, Coinbase boss Brian Armstrong and other crypto bigwigs are raging about the ‘lazy’ SEC’s crackdown on Kraken’s staking service. Here’s what 8 luminaries have to say.
‘No one’s posting receipts’: How social media FOMO can land you in tens of thousands of debt, and three signs you are in trouble
Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance “When we’re scrolling, we’re being influenced.” Parween Mandar, a certified financial counselor and trauma facilitator, sees the effects that… Continue reading ‘No one’s posting receipts’: How social media FOMO can land you in tens of thousands of debt, and three signs you are in trouble
CRA denies transit employee’s costs from working away from home, gets taken to court
Jamie Golombek: To deduct unreimbursed food and lodging employment expenses, several conditions must be met A Go train at Toronto’s Union Station. Photo by Peter J. Thompson/National Post Some taxpayers try to write off the cost of getting to work as a deductible expense for tax purposes. But other than the odd exceptional case, those… Continue reading CRA denies transit employee’s costs from working away from home, gets taken to court
5 investing red flags from ChatGPT put under the microscope
Peter Hodson: The robots aren’t ready to take over yet Screens displaying the logos of OpenAI and ChatGPT. Photo by Lionel Bonaventure/AFP via Getty Images Let’s call this Artificial Intelligence Week since three giant companies all had significant news on the so-called next big thing. Advertisement 2 This advertisement has not loaded yet, but your… Continue reading 5 investing red flags from ChatGPT put under the microscope
Bank of Canada releases minutes for first time: Read the full text here
Strong jobs market and economic growth led central bank to hike rates, minutes reveal The Bank of Canada issued its “summary of Governing Council deliberations” for the first time on Feb. 8. Photo by David Kawai/Bloomberg Summary of Governing Council deliberations: Fixed announcement date of January 25, 2023 Advertisement 2 This advertisement has not loaded… Continue reading Bank of Canada releases minutes for first time: Read the full text here
Bank of Canada rate hike reflected labour tightness, stronger-than-expected growth
Second rationale was ‘the risk of inflation getting stuck somewhere above 2%’ Author of the article: Reuters Steve Scherer and David Ljunggren Published Feb 08, 2023 • 2 minute read 6 Comments Bank of Canada governor Tiff Macklem during a news conference in Ottawa. Photo by Justin Tang/Bloomberg files OTTAWA — The Bank of Canada… Continue reading Bank of Canada rate hike reflected labour tightness, stronger-than-expected growth
Stocks With the Highest Dividend Yields in the S&P 500
Experienced equity income investors know that blindly buying stocks with the highest dividend yields can be a dangerous game. Indeed, an unusually high dividend yield can actually be a warning sign. That’s because stock prices and dividend yields move in opposite directions. It’s possible that a too-good-to-be-true dividend yield is simply a side effect of… Continue reading Stocks With the Highest Dividend Yields in the S&P 500
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