Samir Manji has ruffled some feathers with his aggressive ‘American-style’ approach Author of the article: Bloomberg News Ari Altstedter Samir Manji, president and chief executive officer of Artis Real Estate Investment Trust, in his office in Vancouver. Photo by Taehoon Kim/Bloomberg When COVID-19 upended the global property market two years ago, few companies seemed as… Continue reading Corporate raider sets his eyes on staid world of Canadian REITs
Brookfield values public spinoff at US$80 billion as shares rise
The firm expects to publicly distribute 25% of its asset-management business to its shareholders before year-end Author of the article: Bloomberg News Layan Odeh The Brookfield Place building in Calgary. Photo by Gavin Young/Postmedia files Brookfield Asset Management Inc. said it plans to publicly list one-fourth of its asset-management business in a transaction that would… Continue reading Brookfield values public spinoff at US$80 billion as shares rise
Stock Market Today: S&P Inches Toward Bear Market | Kiplinger
A day after Wall Street was told consumer prices continued to rise at an uncomfortably rapid rate in April, it learned the same about producer prices. The result was another choppy session that saw many stocks finish in the red. The Bureau of Labor Statistics said Thursday that the producer price index (PPI) roared ahead… Continue reading Stock Market Today: S&P Inches Toward Bear Market | Kiplinger
3 Investment Ideas for Retirees Right Now | Kiplinger
investing Wondering what to do with your retirement nest egg? These three portfolio moves may be worth taking a look.Ah, retirement. Picture long, blissful walks on the beach. Or you’re watching the sunset from the balcony of your cruise ship and thinking: This is it – the way life should be. Then you casually check… Continue reading 3 Investment Ideas for Retirees Right Now | Kiplinger
Stock Market Today: Stocks Stumble as Inflation Remains Red-Hot | Kiplinger
Stock Market Today U.S. inflation eased slightly on an annual basis in April, but it wasn’t enough to keep stocks in positive territory.It was a choppy day for stocks as investors unpacked the latest consumer price index (CPI). Data released by the Labor Department this morning showed that prices consumers paid for goods and services… Continue reading Stock Market Today: Stocks Stumble as Inflation Remains Red-Hot | Kiplinger
The crypto crash is a ‘double whammy’ for young investors who racked up debt to buy tokens, says investment platform
Young investors are facing a “double whammy” of crypto investment loss and rising debt, said Interactive Investor. The firm’s study last year found many young adults used credit cards and other loans to buy digital coins. The crypto crash has wiped off more than $300 billion from the market so far this week. Loading Something… Continue reading The crypto crash is a ‘double whammy’ for young investors who racked up debt to buy tokens, says investment platform
Crypto market cap has plunged 28% over the last week to $1.2 trillion, the lowest since July, amid broad meltdown
Cryptocurrencies slumped further Thursday and have lost more than $500 billion in market capitalization since last week. The total crypto market cap is down 28% from a week ago at $1.2 trillion amid a broader meltdown. The latest dive puts the market cap at the lowest point for since July 2021. Loading Something is loading.… Continue reading Crypto market cap has plunged 28% over the last week to $1.2 trillion, the lowest since July, amid broad meltdown
Crypto mega-billionaire Sam Bankman-Fried has seen his net worth cut in half amid the crypto crash. Here’s how much several other heavyweights have lost.
The crypto crash has slashed the net-worth of billionaires like Sam Bankman-Fried, Mike Novogratz, and others. Coinbase’s founder has seen his wealth drop from $13.7 billion to $2.2 billion, per Bloomberg data. Here’s a round-up of crypto heavyweights who have lost big amid the selloff. Loading Something is loading. A broad crash across risk assets spread… Continue reading Crypto mega-billionaire Sam Bankman-Fried has seen his net worth cut in half amid the crypto crash. Here’s how much several other heavyweights have lost.
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