Finance

Millionaires reveal 8 frugal habits that helped them get rich

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.

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.

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.

Here's when to book your summer vacation to get bang for your buck

It's two weeks from the first day of summer and Canadians are booking their vacations for the season. But after months of inflation and elevated interest rates, people are still looking for how to save money. Sean Previl reports on what tips experts have so you can get the best bang for your buck, including when's the best time to book.

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.

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.

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

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

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.

Bristol Myers second-quarter results beat expectations, helped by new drugs

By Michael Erman (Reuters) - Drugmaker Bristol Myers Squibb posted better-than-expected second-quarter results, driven by growth from new products like anemia treatment Reblozyl and heart drug Camzyos as well as from its top-seller, blood thinner Eliquis. Eliquis is expected to have revenue curtailed when the U.S. Medicare health plan for people over age 65 institutes negotiated drug prices

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.

Top 6 US industries where you can earn the most money

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

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.

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.

Here's What 15 Things Cost 100 Years Ago

Price check on aisle 1920.

RRSP: 2 TSX Stocks Still Offering 7% Yields

These top TSX dividend-growth stocks still look cheap and offer great yields for RRSP investors. The post RRSP: 2 TSX Stocks Still Offering 7% Yields appeared first on The Motley Fool Canada.

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

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?

‘Ridiculous’: Singh says punishment for Loblaws price-fixing scheme not enough

NDP Leader Jagmeet Singh called Thursday for tougher punishments for price gouging after it was reported Loblaw had agreed to pay $500 million to settle a class-action lawsuit regarding their bread price-fixing scandal. Singh said it was “ridiculous” that consumers “had to fight in court to get justice.”

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.

Business Matters: Loblaw facing probe over claims customers can’t delete PC Optimum accounts

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts. Anne Gaviola has this story and more in Business Matters for Wednesday July 24, 2024.

‘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.

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.

Groceries are expensive, but they don't have to break the bank. Here are some tips to save

NEW YORK (AP) — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery prices are still high — up 21% on average since inflation started to surge more than three years ago.

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.

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/

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."

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.

Billionaire Bunkers: The Rise of Doomsday Prepping Among the Super-Rich

More and more of the super-rich are equipping themselves with boltholes against calamity. The idea of building bunkers to survive any notional worldwide calamity is by no means new. From The Second World War to the nuclear age, bunkers were a by-word for survival. And in the modern age, disaster prepping is a big business. You can buy everything you need to wait out an apocalypse in some comfort. But what does relative comfort look like to the mega-rich. Why are billionaire bunkers a thing? How are they equipped... and what do they look like? Join our YouTube channel by clicking here: https://bit.ly/3asNo2n Find us on Instagram: https://bit.ly/3PM21xW Find us on Facebook: https://bit.ly/3t2Huvb Find us on Twitter: https://bit.ly/3wQfXzA Find us on TikTok: https://bit.ly/3wNsBOu Get the latest stories: https://interestingengineering.com/ Support IE for high-quality journalism: https://interestingengineering.com/subscribe

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

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

Pilot Accepts Payment To Fly His Boss' $1,000,000 Plane Without Him | Airplane Repo

Subscribe to Discovery UK for more great clips: https://bit.ly/3wjYPAU Repo man Mike Kennedy and his wife successfully infiltrate a private poker game to find out where a millionaire is hiding his plane and get the pilot to sell out his boss for $3,000. 🇬🇧 Catch full episodes of your favourite Discovery Channel shows on discovery+: https://bit.ly/41DFZTB From Season 3 Episode 9. Follow Discovery UK on Twitter: http://www.twitter.com/DiscoveryUK

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.

Where Will Fairfax Financial Stock Be in 5 Years?

Fairfax Financial Holdings (TSX:FFH) stock looks like a bargain after its latest acquisition! The post Where Will Fairfax Financial Stock Be in 5 Years? appeared first on The Motley Fool Canada.

How Much Do You Need to Earn to Live in a Major U.S. City?

Living in a major metropolitan area doesn’t come cheap. To survive comfortably you’ll need to earn at least six figures, according to a new study. If you’re single, you’ll need to earn at least $96,500 a year before taxes, and two parents supporting two children will need at least $235,000, Knewz.com has learned. The above salaries are required to ...

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.

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.

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

WASHINGTON (AP) — A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do?

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.

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.

How to overcome 'savings guilt' when you're living paycheque to paycheque

As the higher cost of living continues to squeeze household budgets, many Canadians find they have even less left over at the end of every month to squirrel away for the future. Some might be feeling shame that they weren't able to save enough over the last few months and are internalizing that emotion, said Kalee Boisvert, a financial adviser at R...

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.

7 Genius Money Tips From Billionaire Bill Gates

You don't get to be one of the richest people in the world without facing difficulties, then overcoming them. Bill Gates, co-founder of Microsoft, billionaire and one of the world's most generous...

25 Things To Sell When You’re Ready To Retire

Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. For some, this means relocating to a smaller home or a retirement community. For others, this means...

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.

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.

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