Bonds have ‘the potential for both attractive returns and mitigation against downside risks’ Author of the article: Bloomberg News Michael MacKenzie Published Jan 12, 2023 • 2 minute read Join the conversation A Pimco advertisement in Hong Kong. Photo by Brent Lewin/Bloomberg files There’s “a strong case for investing in bonds” as a recession looms… Continue reading Pimco says ‘bonds are back’ with a recession likely this year
U.S. inflation cools again, giving Fed room to slow rate hikes
More evidence that price pressures have peaked Author of the article: Bloomberg News Reade Pickert Published Jan 12, 2023 • 1 minute read Join the conversation The U.S. consumer price index was up 6.5 per cent from a year earlier. Photo by Spencer Platt/Getty Images U.S. inflation continued to slow in December, adding to evidence… Continue reading U.S. inflation cools again, giving Fed room to slow rate hikes
Barry Choi: 4 travel deals to help you beat Blue Monday, plus how to protect your trip
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 Say goodbye to winter Anyone looking for a change in temperature can get up to 40 per cent off… Continue reading Barry Choi: 4 travel deals to help you beat Blue Monday, plus how to protect your trip
Subway — one of world’s biggest fast-food chains — exploring sale that could top $10 billion, source says
With 37,000 locations the sandwich chain is bigger than McDonald’s Author of the article: Bloomberg News Gillian Tan and Jonathan Roeder Published Jan 12, 2023 • 2 minute read Join the conversation Subway is one of the world’s largest quick-service restaurant chains, with about 37,000 locations in more than 100 countries. Photo by Michael Nagle… Continue reading Subway — one of world’s biggest fast-food chains — exploring sale that could top $10 billion, source says
The CRA is cracking down on COVID-19 benefit payments as this taxpayer found out
Jamie Golombek: Three CRA reviews found taxpayer couldn’t claim CRB based on income from an Airbnb rental Published Jan 12, 2023 • Last updated 16 hours ago • 5 minute read 37 Comments A pandemic benefit cheque in May 2020. Photo by Peter J. Thompson/National Post The auditor general in December 2022 said a “minimum” of $27.4… Continue reading The CRA is cracking down on COVID-19 benefit payments as this taxpayer found out
Stock Market Today: Stocks Rise as Inflation Eases
Stocks initially struggled for direction Thursday following the release of the December Consumer Price Index (CPI). However, once investors decided they liked what they saw, the major market indexes shot higher. The Labor Department (opens in new tab) this morning said that the CPI was up 6.5% year-over-year in December, as prices rose at their… Continue reading Stock Market Today: Stocks Rise as Inflation Eases
Inflation Cools Once Again: What the Experts Are Saying
Inflation continued to moderate in December, adding to the evidence that our worst bout of rising prices in four decades has passed and that the Federal Reserve should continue to slow its pace of interest rate hikes. The Consumer Price Index (opens in new tab)(CPI) declined 0.1% in December after rising 0.1% in November, driven… Continue reading Inflation Cools Once Again: What the Experts Are Saying
US stocks rise in choppy session as investors see smaller rate hikes after cooler December inflation
Carla Mozée Food inflation still lurks with prices for eggs, meat and poultry up in December. Justin Sullivan/Getty Images US stocks rose Thursday after a choppy session focused on the December inflation report. Monthly headline inflation fell 0.1% but the core index excluding volatile energy and food prices rose 0.3%. Investors priced in bullish expectations… Continue reading US stocks rise in choppy session as investors see smaller rate hikes after cooler December inflation
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