Discount stores have been bumping up prices and focusing on selling costlier items to offset shrinking margins Author of the article: A Dollarama store in Toronto. Photo by REUTERS/Carlo Allegri/File Photo/File Photo Canada’s Dollarama Inc said on Wednesday it would roll out additional price points up to $5 this year, as the discount retailer, which… Continue reading Dollarama to sell products priced up to $5 to shield margins from inflation
New initiatives aim to help Black Canadians get a better foothold in the economy
BlackNorth offers programs for students, professionals and emerging artists Author of the article: Jono Erasmus/Shutterstock While it’s true that discrimination against Blacks in Canada doesn’t make headlines with the same dispiriting frequency it does in the United States, one thing common to both countries is the existence of systemic barriers that prevent Blacks from having… Continue reading New initiatives aim to help Black Canadians get a better foothold in the economy
Corporate bonds lost $1 trillion and there’s more trouble ahead
The slump marks the biggest total return loss since Lehman Brothers’ collapse for high-grade bonds Author of the article: Bloomberg News Tasos Vossos and Hannah Benjamin The worldwide pool of the safest corporate debt has already shrunk by US$805 billion so far this year. Photo by ANGELA WEISS/AFP via Getty Images Investors in company debt… Continue reading Corporate bonds lost $1 trillion and there’s more trouble ahead
Why Are Gas Prices So High If the U.S. Is Energy Independent? | Kiplinger
We’ve all seen the rising cost of oil and its ripple effect through the economy, especially on prices at the pump. You may have also read that the U.S. is energy independent or that we export more oil than we import and that Russian oil only makes up 3% of all U.S. oil imports. So… Continue reading Why Are Gas Prices So High If the U.S. Is Energy Independent? | Kiplinger
A hacker just stole over $600 million in crypto. Experts explain the historic swindle — and why cyberattacks shouldn’t discourage adoption of digital assets
Three experts explain how a hacker stole over $600 million of tokens from Axie Infinity’s Ronin Network last month. They attributed the attack to human error and social engineering rather than any fault in the blockchain technology. “If consumers aren’t protected from things like this, the industry is going to fail.” Loading Something is loading.… Continue reading A hacker just stole over $600 million in crypto. Experts explain the historic swindle — and why cyberattacks shouldn’t discourage adoption of digital assets
A 28-year-old YouTuber who says he saves over 50% of his income living in Toronto explains the savings and investing strategies he’s using to achieve financial independence by 35
Steve Antonioni saved $90,000 in four years, enough to quit his job and pursue YouTube. He took a temporary pay cut but says he now earns more from YouTube than he did from his 9-to-5. He maintains a simple lifestyle, which allows him to save and invest the majority of his income. Steve Antonioni has… Continue reading A 28-year-old YouTuber who says he saves over 50% of his income living in Toronto explains the savings and investing strategies he’s using to achieve financial independence by 35
The US decision to release 180 million barrels of oil will help offset the loss of Russian supply and keep prices steady, JPMorgan says
The US releasing oil from its emergency reserve will help stabilize prices this year, JPMorgan says. Even if the US unlocks less than its target of 1 million barrels of oil a day, it would still help balance the market and steady oil prices. But a bigger-than-anticipated loss in Russian oil supplies could leave a… Continue reading The US decision to release 180 million barrels of oil will help offset the loss of Russian supply and keep prices steady, JPMorgan says
Russia’s biggest bank has been cut out of the global financial markets — and now it’s launched a cryptocurrency.
Russia’s biggest bank got permission to issue a digital currency just weeks after the invasion of Ukraine. Sberbank launched sbercoin as Western sanctions hampered Russia’s access to the global financial system. The US and its allies are concerned about Russian use of crypto to circumvent sanctions. Loading Something is loading. Since Russia began its war… Continue reading Russia’s biggest bank has been cut out of the global financial markets — and now it’s launched a cryptocurrency.
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