Money

William Watson: Whisky, tobacco, butter and Liberal capabilities

As spring clicks over into summer, some green shoots in search of a column:

Trump tax bill would widen deficits by $2.8T after factoring in economic impacts, CBO says

WASHINGTON (AP) — President Donald Trump’s tax cuts package would increase deficits by $2.8 trillion over the next decade after including other economic effects, according to a fuller analysis of the House-passed measure released Tuesday by the Congressional Budget Office.

Canada’s Top 15 Billionaires and How They Made Their Money

An Easy 5-Stock Portfolio for New Investors

Want to establish an easy 5-stock portfolio? Both new and seasoned investors alike should consider these five gems. The post An Easy 5-Stock Portfolio for New Investors appeared first on The Motley Fool Canada.

New blow for Rachel Reeves as inflation stays at 3.4 per cent - despite hopes it was due to fall

The latest data from the Office for National Statistics (ONS) means prices were still rising in May at a similar rate to April when a raft of bills increased for households up and down the country.

Poundland confirms number of stores set to close after chain ironically sold for just £1

In Celine Song’s ‘Materialists,’ Love Is Serious Business

The Korean-Canadian filmmaker's buzzy romance film Materialists is in theatres now.

The 20 most valuable coins on Earth, ranked

From ancient coins to ultra-rare dollars, discover 20 incredible coins that sold for way more than their face value.

Why Ryanair Makes So Much Money

Why Ryanair Makes So Much Money

At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?

The average Canadian retiree household spends roughly $62,000 per year. Based on this, retirees are wondering: Have I saved enough?

Five mortgage myths that simply are not true

Waiting for interest rates to drop further? That strategy can backfire

8 people who made millions from a single investment

From Jeff Bezos's parents to the co-founder of Red Bull, these people made unlikely investments that made them staggeringly rich.

I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you'll need to make these 3 big sacrifices

It may be tight, but it is doable

Market Open: Investors retreat as Iran-Israel war escalates | Tues. June 17

TSX futures trended lower on Tuesday morning as the Iran-Israel war continues to degenerate, with hundreds of lives lost entering the fifth day of fighting, and more investors moving to the sidelines in wait for calmer markets. The Israeli military issued an evacuation warning on Monday affecting about 330,000 people in Tehran in an area including ...

2 Dividend Stocks That TFSA Investors Should Buy Now

Here's why TFSA investors should consider owning TSX dividend stocks such as CNR to generate outsized gains over the next decade. The post 2 Dividend Stocks That TFSA Investors Should Buy Now appeared first on The Motley Fool Canada.

The Best Stocks to Invest $50,000 in Right Now

Looking for some of the best stocks to invest? Whether you have $50 or $50,000, this trio of options is hard to ignore right now. The post The Best Stocks to Invest $50,000 in Right Now appeared first on The Motley Fool Canada.

3 Ways to Easily Bolster Your Monthly Passive Income

Do you want to be a landlord one day? It might be easier than you think. These ideas could help easily boost your monthly passive income. The post 3 Ways to Easily Bolster Your Monthly Passive Income appeared first on The Motley Fool Canada.

Interest rates set to be held at 4.25 per cent – what it means for mortgages

The Bank cut interest rates at its last meeting in May, but experts don’t believe it will do so this time

2 Unstoppable Dividend Stocks to Buy if There’s a Stock Market Sell-Off

These two dependable TSX dividend stocks could help you ride out any market storm with confidence and consistent passive income. The post 2 Unstoppable Dividend Stocks to Buy if There’s a Stock Market Sell-Off appeared first on The Motley Fool Canada.

For $5,000 in Annual Dividends, Here’s How Many Shares of CIBC Stock You’ll Need

If you're looking for stable passive income, this dividend stock will certainly get you there. The post For $5,000 in Annual Dividends, Here’s How Many Shares of CIBC Stock You’ll Need appeared first on The Motley Fool Canada.

Exclusive-Musk's xAI is on track to raise $5 billion in fresh debt, following modest demand

By Matt Tracy, Echo Wang and Davide Barbuscia NEW YORK (Reuters) -Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter. The $5 billion debt sale, which includes a floating-rate term loan, a fixed-rate loan and secured bonds, will be allocated to investors on Wednesday, the two people

Canada announces new sanctions against Russia, over $4B in new support for Ukraine

Prime Minister Mark Carney announced new sanctions against Russia during a bilateral meeting with Ukrainian President Volodymyr Zelenskyy at the G7 summit in Kananaskis, Alta. on Tuesday. The prime minister also announced more than $4 billion in support for Ukraine.

I'm a professional money expert with dyscalculia — known as number dyslexia

There are manageable steps we can all take to conquer number phobia.

Top 8 Cheapest Countries to Live Comfortably on $1,000 a Month

Top 8 Cheapest Countries to Live Comfortably on $1,000 a Month

Meet the world's richest person from every decade since 1820

What did it take to be the richest person in the world in 1820, 1850 or 1900? And how does that compare to today?

Musk's xAI in talks for $4.3 billion equity funding, Bloomberg News reports

(Reuters) -Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing information shared with investors. Between its founding in 2023 and when the debt sale was launched this year, xAI raised $14 billion through equity fundraising, the report said. Training

Analysis-BOJ's inflation warning leaves room for another rate hike this year

By Leika Kihara TOKYO (Reuters) -The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year by signaling caution over broadening price pressures that could sow the seeds of too-high inflation. While investor focus at this week's BOJ policy meeting centered on its dovish decision to slow the pace of its bond stimulus withdrawal,

5 of the Richest Nations and 3 That Are Struggling

5 of the Richest Nations and 3 That Are Struggling

This Dividend Knight Has Grown Its Dividend for Over 50 Years!

Fortis stock may not have the highest dividend yield out there, but it's certainly safe. The post This Dividend Knight Has Grown Its Dividend for Over 50 Years! appeared first on The Motley Fool Canada.

Bank of Canada says recent rate hold was due to ‘unpredictable’ economy

The Bank of Canada released a summary from its most recent meeting, in which its members decided to leave interest rates unchanged given the 'uncertain' economic outlook.

Hedge fund Millennium in talks to sell stake at $14 billion valuation, source says

By Nell Mackenzie and Niket Nishant LONDON (Reuters) -Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, said a source with knowledge of the matter. The company is working with Goldman Sachs' Petershill Partners to sell a stake of 10% to 15% to interested parties, the source said. Petershill, which

10 Reasons To Turn Your Property Into An Airbnb & 10 Ways To Do It

Your property could be earning while you sleep. Short-term rentals offer good side income and unexpected perks, and when it comes to Airbnb, no fancy real estate is needed. Smarter hosting means bigger rewards. So here, we explore 10 reasons to turn your property into an Airbnb—and 10 ways to achieve that.

Almost 30% of Canadians will carry mortgage debt into retirement — here are 3 simple ways to tackle what you owe

They should be enjoying sunset vacations. Instead, millions of seniors are sinking deeper into debt.

What to do when you win big: Lessons from a $65-million Lotto Max windfall

After winning $65 million in the Lotto Max draw, Mark Hanley's story offers a heartwarming reminder to dream big, stay grounded and plan wisely: Advice anyone can use when faced with unexpected wealth

Here are 7 ‘bad assets’ that could cause you to retire poor in Canada — how many do you own?

Avoid being trapped by these money drains

The Best Home Investments for Long-Term Wealth

Unlock the secrets to building long-term wealth with smart home investments! 🏡✨ Discover how to make your money work for you. Don't miss these tips! #HomeInvestments #WealthBuilding #SmartMoney

Here’s how much money you should have saved for retirement based on your age

Here’s how much money you should have saved for retirement based on your age - Saving for retirement can seem daunting, but getting started — the sooner the better — is always a good decision

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

Why I No Longer Charge My EV at Home—And Why It Matters

Why I No Longer Charge My EV at Home—And Why It Matters

How people are reacting to free national park entry this summer, thanks to Canada Strong Pass

Mark Carney's government has introduced the Canada Strong Pass, which makes it free for everyone to visit the country’s national parks starting June 20. The goal is to drive more inter-provincial tourism, as Canadians visit bucket-list locations they've been meaning to go to. CBC’s Cody MacKay has that story.

12 Canadian Cities Where $40k Actually Goes Far

Cost of comfortable retirement revealed — here's how much you need yearly

Listen to article Listen to article Your browser does not support the audio element. The high cost of living is also hitting pensioners as more money is needed for a comfortable retirement. Pensioners need more money in the bank if they want to be comfortable and afford more than just the basic necessitie...

A Week In A British Columbia Border Town On A $130,000 Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.Today: a counsellor who makes $130,000 per year and who spends some of her money this week on a blanket from The Bay.If you’d like to submit your own Money Diary, you can do so via our online form. We pay $150 for each published diary....

8 Best Countries for Budget Travel (And 3 That Cost Too Much)

8 Best Countries for Budget Travel (And 3 That Cost Too Much)

15 Affordable Old Money Brands for Timeless Stealth Wealth Style

Good news: you don’t need a trust fund to look rakish, refined—and rich as hell. We’ve rounded up the best old money brands for sophisticated style.

Should my first home be an investment property?

Investing in a rental property could work out, but it isn’t for the faint of heart.

11 Global Cities Where a $200k Salary Still Isn’t Enough

Millions of Australians to get a major cash boost from next month

Nearly 10 million Aussies are set to benefit from the changes being introduced next month.

15 Frugal Habits I Have Always Had

I didn't wake up one day and decide to be frugal. It just kind of happened as I started paying attention to where my money was actually going. A lot of times, the little things made the biggest difference. None of these habits feel like a huge sacrifice either-they just make life simpler and a lot less stressful. Here are 15 frugal habits that are part of my life now, and I'm not planning to quit them anytime soon. Featured Image Credit: sundikova /Depositphotos.com.

Which Star Wars film made the most money?

Discover which Star Wars movie made the most money at the worldwide box office.