Stocks opened higher Friday as investors cheered the August jobs report. The initial burst of buying power quickly faded, however, with many market participants likely checking out early ahead of the long holiday weekend. As a reminder, both the stock and bond markets are closed this Monday for the Labor Day holiday. Taking a… Continue reading Stock Market Today: Stocks Lose Steam Ahead of Labor Day
Is It Time to Invest in Japanese Stocks?
The last time Japanese stocks truly sizzled, you could buy a U.S. postage stamp for 25 cents (less than half the cost now) and George Bush (the first one) was in the White House. The Nikkei Stock Average fell more than 75% from its December 1989 peak through September 2012 and still trades below its… Continue reading Is It Time to Invest in Japanese Stocks?
The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks
August has historically been a rough month for markets. This year proved no exception as the stock rally ground to a halt. Here are some of the month’s biggest winners and losers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. August is… Continue reading The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks
US stocks rise to gain for the week as traders assess August jobs report
Filip De Mott US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images Stocks were mostly higher on Friday with major indexes notching a weekly gain. Jobs data showed the labor market cooling and wage growth slowing. The report was a sign that… Continue reading US stocks rise to gain for the week as traders assess August jobs report
Bitcoin just had its 2nd-straight losing month as crypto sold off in August along with stocks and bonds
Bitcoin finished August about 10% lower, its second consecutive losing month. Crypto was caught up in a tough sell-off that hit stocks and bonds throughout the month. Bitcoin extended losses into September, down more than 2.5% on Friday to trade at $25,660. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Bitcoin just had its 2nd-straight losing month as crypto sold off in August along with stocks and bonds
The world’s most valuable oil company may launch the biggest stock offering in history
Saudi Arabia is considering offering $50 billion in Aramco shares, the Wall Street Journal reported. An offering that size would make it the biggest ever in the history of capital markets. It would top Ant Group’s initial public offering as well as Aramco’s own IPO. Loading Something is loading. Thanks for signing up! Access your… Continue reading The world’s most valuable oil company may launch the biggest stock offering in history
It’s not just about ‘location, location, location’ anymore – housing market priorities have shifted
The mantra in real estate has long been “location, location, location,” but that may be changing. A home’s neighborhood is no longer the top priority for house hunters, a Fannie Mae survey found. Instead, affordability is now the biggest consideration, as prices and mortgage rates remain high. Loading Something is loading. Thanks for signing up!… Continue reading It’s not just about ‘location, location, location’ anymore – housing market priorities have shifted
Taxpayer finds himself on wrong side of CRA when claiming employee expenses
Jamie Golombek: Changes to how travel allowance was calculated and paid trip up B.C. boilermaker Published Aug 31, 2023 • 5 minute read CRA rules say if you’re an employee who needs to use your car for work, you must meet certain conditions in order to deduct some of your automobile expenses on your tax… Continue reading Taxpayer finds himself on wrong side of CRA when claiming employee expenses
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