Inflation eased by more than forecast last month, fueling hope that the Federal Reserve could restrain the pace of interest rate hikes that are slowing the economy and weighing on stocks. The October consumer price index (opens in new tab) (CPI) rose 0.4% from the previous month, the Labor Department said Thursday, which was below… Continue reading Inflation Cools in October: What the Experts Are Saying
Homebuilders Appear Headed for More Pain
The S&P Homebuilders Select Industry Index is not having a good year. It’s already down more than 31% year-to-date through Nov. 9, and the storm clouds on the horizon suggest things aren’t going to get much better for homebuilders in the near term. According to government figures released in late October, the slump in residential… Continue reading Homebuilders Appear Headed for More Pain
What is Asset Allocation?
When saving for a long-term goal such as retirement, most people invest their money in financial markets, rather than just putting it into a savings account in the bank. Why? Because in the long term, history suggests that your money will grow more quickly over time if it is invested in financial assets such as… Continue reading What is Asset Allocation?
October inflation cooled more than expected, but it’s still close to 40-year highs. Here’s what 5 experts have said about the risk of stagflation hitting the US economy
Paul Volcker, former Fed Chair 1979 to 1987.Bettmann / Getty Images Inflation cooled in October, but prices have been elevated for over 20 months now, raising concerns of stagflation. That means the economy could be slammed with high unemployment, low growth, and persistent inflation – as well as a steep drop in stocks. Here’s what… Continue reading October inflation cooled more than expected, but it’s still close to 40-year highs. Here’s what 5 experts have said about the risk of stagflation hitting the US economy
Crypto faces a serious risk of broader contagion as FTX collapses and it’s unclear how deep it will go, Citi analyst says
FTX filed for bankruptcy on Friday, and Citi analyst Joseph Ayoub warned of broader risks to the crypto sector. “I think there’s a serious risk of broader contagion to the ecosystem itself,” he told CNBC on Friday. But he doesn’t think the crypto crash will extend to the rest of the financial market. Loading Something… Continue reading Crypto faces a serious risk of broader contagion as FTX collapses and it’s unclear how deep it will go, Citi analyst says
Terence Corcoran: Doug Ford wins one for the Charter of Rights
Knocks down union power to strike against state monopolies Publishing date: Nov 08, 2022 • 4 days ago • 4 minute read • 14 Comments Ontario Premier Doug Ford. Photo by Christopher Katsarov/The Canadian Press Prime Minister Justin Trudeau, his labour minister, Seamus O’Regan, assorted leftist academics and a small army of labour leaders and CBC… Continue reading Terence Corcoran: Doug Ford wins one for the Charter of Rights
Quiet quitting is picking up speed as workers tune out from their jobs
Victoria Wells: Google searches for reasons to get out of work are up 630% from 2018 to 2022 Publishing date: Nov 08, 2022 • 4 days ago • 3 minute read • 10 Comments Close to half, or 45 per cent, of desk workers in Canada’s biggest city say they are disengaged from their jobs. Photo… Continue reading Quiet quitting is picking up speed as workers tune out from their jobs
Howard Levitt: Here’s a solution that will let both sides win in the Ontario strike dispute
There’s one way out for both parties: get an arbitrator involved A CUPE worker picketing in London, Ont., on Monday. Photo by Mike Hensen/The London Free Press/Postmedia Network Did the Ford government blink? Advertisement 2 This advertisement has not loaded yet, but your article continues below. On Monday, Ontario agreed to withdraw Bill C-28, including… Continue reading Howard Levitt: Here’s a solution that will let both sides win in the Ontario strike dispute