Finance

New data pulls back the curtain on Trump’s tips proposal

During the 2024 Republican National Convention in Milwaukee, presidential nominee Donald Trump promoted his proposal to eliminate taxes on tips. Sen. Ted Cruz (R-Texas) is on board with Trump's plan, introducing a bill that would eliminate federal income taxes on tips. Cruz's bill has been dubbed the No Taxes On Tips Act of 2024. But Axios' Emily P...

Rising costs: 40% of Americans struggle to make ends meet

A significant portion of the American population is experiencing financial stress, as indicated by a... The post Rising costs: 40% of Americans struggle to make ends meet appeared first on The Independent News.

How Much Cash Should You Travel With?

Ever wonder how much money you should take with you when you travel? Here is what we do. Join this channel to get access to perks: https://www.youtube.com/channel/UCFr3sz2t3bDp6Cux08B93KQ/join #travel #budgettravel #travelsafety Copyright Mark Wolters 2023 Learn how to plan your travels like we do with our Travel Planning 101 Course: https://www.brighttrip.com/woltersworld Grab some Wolters World travel gear http://www.woltersworld.store Help Us Keep Make More Honest Travel Videos: https://www.patreon.com/woltersworld Hey There Fellow Travelers! Thank you for watching our honest travel vlogs from all over this wonderful world. If you would like to get in contact with us please follow us & send us a message via our social media channels below. Also, if you like our travel videos please feel free to share them with other fellow travelers. You can find us all over the internet: Travel Advice & Destinations: https://www.youtube.com/woltersworld Food Travel Videos: https://www.youtube.com/woltersworldeats Travel Tips: https://www.youtube.com/woltersworldshorts Business Education: https://www.youtube.com/professorwolters Tiktok: https://www.tiktok.com/@woltersworld Instagram: https://www.instagram.com/woltersworld Jocelyn's Instagram: https://www.instagram.com/jocelynwoltersworld Facebook: https://www.facebook.com/woltersworld Twitter: https://www.twitter.com/woltersworld Linkedin: https://www.linkedin.com/company/wolters-world-travel-culture/

Report: Packers make Jordan Love the NFL’s highest-paid quarterback

The Green Bay Packers and quarterback Jordan Love have agreed to a four-year, $220 million contract extension, NFL Network’s Ian Rapoport reported Friday.

Russia's Central Bank hikes interest rate as inflation soars

MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine.

Billionaire Warren Buffett’s 5 top tips for making your fortune

I bought a fixer-upper for a fraction of what I could afford. Now we have new floors and ceilings, and I'm thrilled to pay just $770 a month.

Our mortgage lender would've happily given us a much larger mortgage, but I'm glad we're paying less and saving more.

2 Dividend Stocks to Double Up on Right Now

After their recent declines, you can consider doubling up on these two top Canadian dividend stocks right now to expect solid returns on your investments in the long run. The post 2 Dividend Stocks to Double Up on Right Now appeared first on The Motley Fool Canada.

5 Canadian Stocks to Buy and Hold Forever in Your TFSA

Are you looking for some Canadian stocks for a long-term investment? These evergreen stocks can help you generate wealth and passive income. The post 5 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.

Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors

BEIJING (Reuters) - China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. The fund for the AI sector will focus on fields including intelligent chips, software, autonomous driving and intelligent robots, Shanghai's government said in a statement. The money will be

5 Canadian Cities Where You Can Buy Luxury Homes For $100,000 or Less

Canadians are on the move -- perhaps more than ever before. Several factors are at play - including remote work and rising housing costs. Be Aware: 10 Dangerous Cities You Shouldn't Buy a Home in No...

How to Use Your TFSA to Earn $2,150 Per Year in Passive Income

Earning $2,150 per year or more in tax-free passive income is not daunting for TFSA investors. The post How to Use Your TFSA to Earn $2,150 Per Year in Passive Income appeared first on The Motley Fool Canada.

Could more interest rate cuts come from Bank of Canada?

In the latest edition of Your Money, personal finance expert Rubina Ahmed-Haq joins Antony Robart to discuss Wednesday's Bank of Canada interest rate cut and the impact it will have on Canadians.

Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut

WASHINGTON (AP) — The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September.

Inflation is cooling, why are Canadians still so stressed out financially?

Despite significant progress in the Bank of Canada’s efforts to bring annual inflation down, a new survey shows that Canadians are feeling more stressed-out financially than two years ago. Anne Gaviola has more on the cumulative effect of the high cost of living and rapidly-rising interest rates on household budgets.

Why Movies Are So Expensive (And How To Fix It)

We live in the era of the flopbuster - $200, $300 or even $400 Million movies that are so big and expensive, they just can't succeed. But why? Why are films so expensive to make now? Well, join me as I break it down.

Walmart Canada gives 40,000 hourly workers pay raise

Walmart says it’s spending $53 million to lift hourly wages for 40,000 of its workers across Canada, effective this month. Anne Gaviola has more on why the big box retail giant’s recent pay raise and hiring spree bucks current labour market trends.

How Much Cash Do You Need to Quit Work and Live Off Dividend Income?

Canadians should start making dividend income as soon as possible, as they could even live off of it in retirement! The post How Much Cash Do You Need to Quit Work and Live Off Dividend Income? appeared first on The Motley Fool Canada.

Self-made millionaire: I copied these 5 rich people habits to earn my first $1 million

Inspired by his rich basketball coaches, Alan Corey copies their habits to build his own wealth. Now he's a self-made millionaire running his own businesses. Here's how he made his first $1 million.

Russia’s economy is struggling from sanctions, western officials say. Here’s why

High inflation, rising interest rates and labour shortages are undermining Moscow's claims of a strong economy, western officials say.

Loblaw’s $500M settlement: Did the national boycott impact their bottom-line profit?

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500-million to settle a class-action lawsuit regarding their involvement in an alleged bread price-fixing scheme. The class-action case was brought against a group of companies that includes Loblaw and the Weston companies, Metro, Walmart Canada, Giant Tiger and Sobeys owner Empire Co. Ltd. This comes as Loblaw reported its second-quarter profit decreased compared with a year ago amid a month-long national boycott of the company. Anne Gaviola has more on the class action case and whether or not the May boycott made a significant dent in the grocery giant’s bottom line.

Top 6 US industries where you can earn the most money

100 Of The Cheapest Places to Live in The United States

100 Of The Cheapest Places to Live in The United States Not everyone can buy a home in Beverly Hills, California. Some of us have to look for more affordable places to call home. Some might rent, and others might want to get some real estate. If you think you can't afford a house and are afraid to call a realtor, you should watch this video of 100 of the most affordable places to live. This video list 100 of the cheapest places to live in the USA. They aren't the best, but they are cheap. Do you need a local Realtor for the area you want to move to? HomeAndMoney.com can help: Use this link: https://homeandmoney.com/briggs/ Sponsorship Inquiries: [email protected] 🔶My Other Channels: 📺 On This Day: @AboutToday 🏡Suite Life For Briggs: @SuiteLife4Briggs MY OTHER SOCIALS: Facebook- https://www.facebook.com/World2briggs/ X-@World2Briggs Instagram-@world2briggs #UnitedStates

Federal government posts $3.9B deficit in April, May

OTTAWA — The federal government posted a $3.9 billion deficit in the first two months of the fiscal year.

Nova Scotia posts $143M surplus rather than expected $279M deficit

Nova Scotia closed the books on last year’s budget with a $143-million surplus rather than the $279-million deficit it predicted last spring, thanks in part to an unexpected jump in taxes collected from a growing population.

C$ posts longest losing streak in six years as oil falls

By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened for an eighth straight day against its U.S. counterpart on Friday as oil prices fell and after the Bank of Canada cut interest rates further earlier in the week. The loonie was trading 0.1% lower at 1.3835 per U.S. dollar, or 72.28 U.S. cents. Earlier in the session, the currency touched 1.3848, matching the eight-month low that

Insurance Hacks: How to slash your premiums and save big

Sangita Patel reveals top tips to ensure you're not overspending on home and car insurance. Plus find out how even your profession can lead to significant savings.

Charlie Munger lived in the same home for 70 years: Rich people who build 'really fancy houses' become 'less happy'

Billionaire Charlie Munger intentionally lived in the same California home for seven decades — making him "happier" and benefitting his children, he said.

Umicore suspends construction of $2.76B battery materials plant in Ontario

Umicore says it has halted spending on a $2.76-billion battery materials plant in eastern Ontario.

Nvidia supplier SK Hynix to invest $6.8 billion in South Korea chip plant

By Joyce Lee SEOUL (Reuters) -The world's second-largest maker of memory chips, SK Hynix, said on Friday it had decided to invest about 9.4 trillion won ($6.8 billion) in its first chip plant in the South Korean city of Yongin. The Nvidia supplier, which reported on Thursday its highest earnings since 2018 and flagged rising AI chip demand, has been planning investment since 2019 on four new

What's the most expensive home you could afford?

Use this tool to calculate the most expensive home you could buy based on your income and passing the mortgage “stress test."

$2 Billion Pentagon Error May Lead to Additional Weapons for Ukraine

This error led to an initial overstatement of $6.2 billion in aid sent to Kyiv.

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.

Turkey's Erdogan announces $30 billion in incentives for high tech areas

ANKARA (Reuters) - Turkey will launch a $5 billion package to boost its annual production of electric vehicles to one million cars, President Tayyip Erdogan said on Friday, adding that Ankara would unveil other incentive packages for high tech areas totalling $30 billion. Erdogan, speaking in Istanbul, said Turkey had paved the way for EV makers to invest in Turkey, namely via China's largest EV

Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks

Here's why Canadian retirees can consider holding high dividend clean energy stocks such as Brookfield Renewable and supplement the CPP. The post Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks appeared first on The Motley Fool Canada.

Millionaires reveal 8 frugal habits that helped them get rich

How Much Money Do You Need to Have to Live in These Popular U.S. Cities?

Your dream destination might be within reach.

My Top 5 Dividend Stocks for Passive Income Investors to Buy in August

These five dividend payers are some of the top stocks on the TSX and among Canada's best passive income-generating investments. The post My Top 5 Dividend Stocks for Passive Income Investors to Buy in August appeared first on The Motley Fool Canada.

Average net worth of Americans by age — see how you compare

I saved £30,000 in 2 years - all while working a minimum wage job

I set myself a goal of becoming a millionaire in 10 years.

‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon

“ Deadpool & Wolverine ” has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million worth of movie tickets from preview screenings Thursday, Disney said Friday.

Packers QB Jordan Love ties record for NFL's highest-paid player with massive contract

Jordan Love's four-year, $220 million contract extension ties him with Joe Burrow and Trevor Lawrence for the title of the NFL's highest-paid player.

These Are the 9 Most Expensive Cities in the World

If you're thinking about relocating to one of these popular cities, it is definitely going to cost you a pretty penny.

Business Matters: What would a Kamala Harris presidency mean for the U.S. economy?

A key question looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination is whether or not she can turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do. Anne Gaviola has this story and more in Business Matters for Friday July 26, 2024.

Things From The ‘80s That Are Worth A Fortune Today

Your old action figures are worth more than you think.

My friends earn more than me – how do I tell them I can’t afford our plans?

My friends earn more than me – how do I tell them I can’t afford our plans? - Would you really judge your friends if they earned less than you?

The annual salary you need to earn to be in the top 1% in every US state

Scotiabank says technical issues disrupting salary payments is fixed

TORONTO — Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday.

Feds pay First Nation in B.C. $147M over loss of water rights

The Esk'etemc First Nation filed with Specific Claims in 2003, raising issues arising from being prevented from completing an irrigation ditch in the 1890s.

2024 Major League Baseball Signing Bonuses

Signing bonuses for the selections through competitive balance round A in the 2024 Major League Baseball amateur draft: