Google is cutting 12,000 workers, becoming the latest tech company to cut back on its headcount. The wave of massive job cuts in the tech industry began last fall as slower revenue growth is expected as the economy contracts. The nearly 25-year old tech giant will provide employees with 16 weeks salary, plus two weeks… Continue reading Google, Amazon, Meta, Microsoft and Twitter All Cut Jobs. Here’s Who Offers the Most Generous Package
Ottawa’s spending is making the Bank of Canada’s job harder: John Manley
Former Finance Minister is the latest Liberal to voice concerns over Trudeau’s fiscal policy Published Jan 30, 2023 • 3 minute read 9 Comments Former Finance Minister John Manley, right, in 2002 with then Prime Minister Jean Chretien. Photo by Postmedia Former finance minister John Manley joined a growing group of “business Liberals” who are… Continue reading Ottawa’s spending is making the Bank of Canada’s job harder: John Manley
Crypto ETFs roar into life with eye-popping 2023 returns
Rebound has largely been attributed to signs that inflation might have peaked Author of the article: Financial Times Steve Johnson Published Jan 30, 2023 • 3 minute read Join the conversation The recovery in crypto exchange-traded funds has been propelled by putative signs of life in the cryptocurrency market. Photo by REUTERS/Dado Ruvic/Illustration/File Photo A… Continue reading Crypto ETFs roar into life with eye-popping 2023 returns
Why David Dodge thinks Ottawa’s plans to restore fiscal balance are on shaky ground
Federal government needs to limit spending and borrowing to get debt levels under control Former Bank of Canada governor David Dodge warns in a new report that the spending Ottawa has budgeted won’t be enough to achieve the policy goals it promised. Photo by Postmedia The federal government’s carefully charted path back to fiscal balance… Continue reading Why David Dodge thinks Ottawa’s plans to restore fiscal balance are on shaky ground
Five Ways to Diversify Your Portfolio During a Recession
As the new year gets into full swing, the possibility of an upcoming recession still looms large and may feel like a big gray cloud hanging over your finances. But it’s not all doom and gloom. There can be ways to protect your portfolio and investments to weather the storm by using some subtle recession-proofing… Continue reading Five Ways to Diversify Your Portfolio During a Recession
Stock Market Today: Stocks Slump Ahead of Tech Earnings, Fed Meeting
Stocks closed lower Monday as caution set in ahead of a busy week on Wall Street. In addition to a jam-packed earnings calendar that features trillion-dollar tech titans Apple (AAPL (opens in new tab)) and Alphabet (GOOGL (opens in new tab)), there’s a full economic docket too – one that includes a Fed meeting and… Continue reading Stock Market Today: Stocks Slump Ahead of Tech Earnings, Fed Meeting
Best AI Stocks to Buy: Smart Artificial Intelligence Investments
The roots of artificial intelligence (AI) technology go all the way back to the late 1950s, when computers started to become much more powerful. But the proliferation of AI stocks hasn’t come until much more recently, as artificial intelligence became commercially viable over the past decade or so. That’s due to a variety of factors… Continue reading Best AI Stocks to Buy: Smart Artificial Intelligence Investments
When Is the Next Fed Meeting?
“When is the next Fed meeting?” is a question that hasn’t weighed this heavily on anxious investors’ minds in probably four decades. Which is fair enough, really. The worst inflation to hit the U.S. economy in 40 years appears to have peaked in 2022, and yet the Federal Reserve remains committed to its most aggressive… Continue reading When Is the Next Fed Meeting?