Sam Bankman-Fried’s $250 million bail bond is a ‘joke’ and prosecutors have been too ‘lenient’ with the FTX founder, securities lawyer says

Parts of Sam Bankman-Fried’s bail conditions are “ludicrous,” a securities lawyer said.  For Bankman-Fried’s $250 million bond, there was no cash exchanged for his release, but a promise not to flee the country.  Bankman-Fried is “pushing the envelope” with prosecutors, attorney James Murphy told CoinDesk. Loading Something is loading. Thanks for signing up! Access your… Continue reading Sam Bankman-Fried’s $250 million bail bond is a ‘joke’ and prosecutors have been too ‘lenient’ with the FTX founder, securities lawyer says

European natural gas prices hit 18-month low and near parity with crude oil as Vladimir Putin’s energy war fizzles

Alternative suppliers and a warm winter have brought European gas prices below 50 euros per megawatt hour. That marks an 85% drop from the price peak last year, when Russia cut gas exports and sparked a price spike. Natural gas prices are now equivalent to $85 per barrel, nearly on par with Brent crude oil… Continue reading European natural gas prices hit 18-month low and near parity with crude oil as Vladimir Putin’s energy war fizzles

The CRA is actively looking for people who day trade investments in their TFSAs

Jamie Golombek: Unlike an RRSP, a TFSA is not exempt from paying tax on business income from day trading A TFSA is generally exempt from tax on its income, subject to two exceptions: the TFSA holds non-qualified investments or it carries on as a business. Photo by Brendan McDermid/Reuters If you actively trade marketable securities… Continue reading The CRA is actively looking for people who day trade investments in their TFSAs

Whether it was due to layoffs or personal reasons, here’s how to explain an employment gap and get hired

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 Addressing the elephant in the room “Many people have gaps in their resume because their employer went out of… Continue reading Whether it was due to layoffs or personal reasons, here’s how to explain an employment gap and get hired

The case for value stocks to keep topping growth stocks for the time being

Value stocks are far more likely than not to continue outperforming Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files It goes without saying that 2022 was a less-than-stellar year for equity investors given that the MSCI All Country World Index of stocks fell 18.4 per cent.… Continue reading The case for value stocks to keep topping growth stocks for the time being

Holiday spending hangover to strain pocketbooks until spring, RBC poll finds

More than one-third of shoppers went over their budget during the holiday season People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa. Photo by Justin Tang/The Canadian Press files Canadians expect to feel the after-effects of their holiday spending well into the spring, with more than… Continue reading Holiday spending hangover to strain pocketbooks until spring, RBC poll finds

4 things that should make investors worry they’re not on the right track

Too many firms are saying their portfolios of companies and loans are doing well despite an economy in transition An electric trading board at the New York Stock Exchange. Photo by Spencer Platt/Getty Images files One of my rules of thumb is that if something doesn’t seem to make sense, it probably doesn’t. Right now,… Continue reading 4 things that should make investors worry they’re not on the right track

Stock Market Today: Hot Inflation Data Sends Stocks Lower

Stocks closed sharply lower Thursday after the latest inflation data came in hotter than expected and two Federal Reserve officials advocated for more aggressive rate hikes. Also in focus was a fresh round of corporate earnings reports. While several companies reported well-received results, one Warren Buffett stock tumbled after a fourth-quarter miss.  Starting with that… Continue reading Stock Market Today: Hot Inflation Data Sends Stocks Lower