Ted Rechtshaffen: These ideas could help the wealthy pay 5 times instead of 7 times what the average person pays on taxes The top 20 per cent of Canadian income earners pay more than 61 per cent of the income tax. Photo by Brent Lewin/Bloomberg The top 20 per cent of Canadian income earners pay… Continue reading 4 ways the wealthy can make a dent in a large tax bill
Cheaper housing and a bustling job market are leading more people to Alberta
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 Affordable housing a huge draw If you’re feeling the financial crunch of your current home, where mortgage or rent… Continue reading Cheaper housing and a bustling job market are leading more people to Alberta
Goldman Sachs sees ‘bullish concoction’ for global commodities
Commodities have the strongest outlook of any asset class in 2023 Author of the article: Bloomberg News Grant Smith Published Jan 17, 2023 • 2 minute read Join the conversation Pump jacks operate near Loco Hills in Eddy County, New Mexico. Photo by PAUL RATJE/AFP via Getty Images files Commodities have the strongest outlook of… Continue reading Goldman Sachs sees ‘bullish concoction’ for global commodities
The times they are a-changing — and so should your portfolio
Noah Solomon: Investment strategies that delivered the best performance over the past 40 years may not be the ones that outperform in the future U.S. Federal Reserve chair Jerome Powell. The Fed is now in a once-burned, twice-shy predicament. Photo by Mary F. Calvert/Reuters files By Noah Solomon Advertisement 2 This advertisement has not loaded… Continue reading The times they are a-changing — and so should your portfolio
Stock Market Today: Dow Drops 613 Points After Hawkish Fed Talk
Stocks started Wednesday trading higher thanks to another encouraging reading on inflation. However, the major benchmarks couldn’t sustain this early lead as dismal retail sales data stoked recession concerns and a Federal Reserve official threw support behind more interest-rate hikes. Starting with the good news: The Labor Department (opens in new tab) this morning said… Continue reading Stock Market Today: Dow Drops 613 Points After Hawkish Fed Talk
Dow plunges 600 points as Fed officials say more rate hikes are needed to keep pulling inflation down
Carla Mozée An apprentice engineer programming robots in a car factory Monty Rakusen/Getty Images US stocks tumbled after hawkish talk on rates from two Federal Reserve officials. St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester each see the need for rates to rise to 5% or beyond. The Dow plunged 600… Continue reading Dow plunges 600 points as Fed officials say more rate hikes are needed to keep pulling inflation down
The Justice Department just shut down little-known crypto exchange Bitzlato and arrested its Russian founder in what authorities claim is a huge blow to crypto crime
Bitzlato is a little-known crypto exchange that was just shut down by the Justice Department. FBI agents arrested Anatoly Legkodymov, the founder of crypto exchange Bitzlato, on Tuesday. US authorities alleged that the site laundered millions tied to illicit Russian finances. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The Justice Department just shut down little-known crypto exchange Bitzlato and arrested its Russian founder in what authorities claim is a huge blow to crypto crime
Crypto lender Genesis is reportedly preparing to file for bankruptcy as soon as this week
Cryptocurrency lender Genesis Global Capital may file for bankruptcy protection as soon as this week, Bloomberg reported Wednesday. Genesis was still talking to creditors and its plans may change, the report said. The parent company of Genesis, Digital Currency Group, has also been dealing with a liquidity crunch. Loading Something is loading. Thanks for signing… Continue reading Crypto lender Genesis is reportedly preparing to file for bankruptcy as soon as this week