The DoJ’s fraud unit is probing Silvergate’s linkages with FTX and its trading arm Alameda, per Bloomberg. The crypto-friendly bank hasn’t been accused of any crime, but the Justice Department wants to know just how deep its ties with FTX ran. Silvergate’s shares fell more than 13% in premarket trading on Friday. Loading Something is… Continue reading Silvergate shares tumble as the crypto bank’s ties to FTX come under a probe by the DOJ’s fraud squad
‘Nonsensical’: CRA denies taxpayer’s headhunter fees, but judge sees things differently
Jamie Golombek: CRA’s reasoning for denying headhunter expenses full of contradictions, judge says A taxpayer asked to search for a candidate to join her team by her employer had her headhunter fees denied by the CRA. Photo by Getty Images/iStockphoto Much of the discussion concerning the tax deductibility of employment expenses over the past three… Continue reading ‘Nonsensical’: CRA denies taxpayer’s headhunter fees, but judge sees things differently
Loblaw fights back after removal of price freeze draws criticism on Twitter
‘We may be the face of food inflation but we are not the cause’ Published Feb 01, 2023 • Last updated 2 hours ago • 3 minute read 6 Comments Loblaw’s social media team went on the defensive on Jan. 31, responding to criticism from disgruntled customers tweeting about the company and the end of the… Continue reading Loblaw fights back after removal of price freeze draws criticism on Twitter
Tim Hortons’ app users to get free beverage and baked good after Quebec Supreme Court approves class action settlement
Class action alleged the coffee chain’s mobile app breached users’ privacy Published Feb 01, 2023 • Last updated 1 hour ago • 3 minute read 22 Comments Under the settlement, eligible Tim Hortons’ mobile app users have been given two credits to be used to redeem one free hot beverage and one free baked good from… Continue reading Tim Hortons’ app users to get free beverage and baked good after Quebec Supreme Court approves class action settlement
T. Rowe Price sees Canadian stocks as bargain play on China’s reopening
Canada is likely to outperform the U.S. again Author of the article: Bloomberg News Mathieu Dion Published Feb 01, 2023 • 2 minute read Join the conversation The Art Deco facade of the original Toronto Stock Exchange building on Bay Street in Toronto. Photo by Chris Helgren/Reuters/File Photo Canada’s stock market just posted one of… Continue reading T. Rowe Price sees Canadian stocks as bargain play on China’s reopening
Collectibles can be fun investments but don’t let passion blind you to the risks
Collectables an opaque and unpredictable asset class Your passion for coins, art, stamps or other collectibles could play a role in your wealth-management strategy. Photo by Postmedia Investors who solely focus on a traditional portfolio of equities and bonds may be failing to realize that their passion for art, wine, jewelry or other collectibles could… Continue reading Collectibles can be fun investments but don’t let passion blind you to the risks
Fed Raises Interest Rates Yet Again: What the Experts Are Saying
As widely expected, the Federal Reserve downshifted its pace of interest rate hikes on Wednesday, but once again stressed that it has more work to do in its ongoing efforts to bring inflation under control. The Federal Open Market Committee (FOMC) raised the short-term federal funds rate by 25 basis points, or 0.25%, to a… Continue reading Fed Raises Interest Rates Yet Again: What the Experts Are Saying
Stock Market Today: Stocks Swing Higher After Powell Presser
Stocks spent most of Wednesday in negative territory as an onslaught of economic and earnings reports rattled investors early on. These losses quickly accelerated immediately after the central bank issued its latest rate hike, but stocks swung higher as Fed Chair Jerome Powell took the mic in a subsequent press conference. Today’s economic data indicated… Continue reading Stock Market Today: Stocks Swing Higher After Powell Presser