Finance

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

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.

First tranche to Ukraine from Russian assets and arrest of suspect in Farion's murder - Friday brief

The European Union has allocated the first payment to support Ukraine worth 1.5 billion euros, derived from the proceeds of Russia's frozen assets. Meanwhile, a court remanded an 18-year-old suspect in the murder of Iryna Farion into custody. RBK-Ukraine has collected the main news for July 26. EU allocates first tranche of EUR1.5 bln to Ukraine fr...

‘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.”

Cooling US inflation bolsters September rate cut hopes

By Lucia Mutikani WASHINGTON (Reuters) - U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environment that could position the Federal Reserve to begin cutting interest rates in September. The report from the Commerce Department on Friday also showed consumer spending slowed a bit last month. Signs

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

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.

Salary Story: I Went From $175,000 To $245,000 With Just One Job Change

In our series Salary Stories, women with long-term career experience open up about the most intimate details of their jobs: compensation. It’s an honest look at how real people navigate the complicated world of negotiating, raises, promotions and job loss, with the hope it will give young people more insight into how to advocate for themselves — and maybe take a few risks along the way. Been in the workforce for at least five years and...

Thrift & Tell: Mastering the art of secondhand shopping

Thrift shopping is booming, and we're kicking off our new series, "Thrift & Tell," with the Accidental Environmentalist Julia Grieve. Julia shares her expert tips on preparing for a thrift store trip, navigating the aisles, and what to look for to score the best finds. Learn her golden rules for secondhand shopping and how donating can benefit both you and the planet.

Millionaires reveal 8 frugal habits that helped them get rich

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.

Microsoft's LinkedIn settles lawsuit claiming it overcharged advertisers

By Jonathan Stempel (Reuters) - LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched video ads on its platform. A preliminary settlement was filed late Thursday in San Jose, California federal court, and requires approval by U.S. Magistrate Judge Susan van Keulen in San Jose,

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.

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

After a Good Run, Are These Bullish Stocks Still Worth Buying Today?

The length of a bull run is a difficult metric to predict, but it's important because it may help investors determine whether or not it's too late to buy a bullish stock. The post After a Good Run, Are These Bullish Stocks Still Worth Buying Today? appeared first on The Motley Fool Canada.

This U.S. State Is One of the Best Places to Retire for Low Crime, Taxes, and an Affordable Cost of Living

Plus, it is a beloved mountain destination with excellent outdoor recreation.

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.

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.

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.

Top 6 US industries where you can earn the most money

‘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.

What I Own: I purchased my £592,750 East London two-bed flat at the age of 22

'I saved 60-70% of my salary from work each month.'

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.

14 Uncommon Hobbies That Turned into Thriving Businesses

Many people dream of turning their passions into profitable enterprises. While some hobbies remain just that, others have the potential

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.

5 questions to ask when helping an older parent with money

Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent. Some of us won’t need — or want — to get involved in someone else’s finances. But others may have to take an active role in helping an older parent manage their money. If that’s the case for you, don’t neglect a discussi...

2 Bargain Stocks You Can Buy Today and Hold Forever

When it comes to bargain hunting, you've come to the right place. These two bargain stocks certainly offer that as well as strong returns! The post 2 Bargain Stocks You Can Buy Today and Hold Forever appeared first on The Motley Fool Canada.

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.

What is 'money dysmorphia' and how serious is it?

Money dysmorphia is alive and well – and many suffer from it without even knowing. Social media has a big part to play when it comes to young people and their financial decisions, with some feeling influenced or pressured to live a certain lifestyle due to the world of Instagram. Well now, a study has resurfaced that suggests young people are obses...

Fully Natural Method to Decorate Your Indoor Money Plants That Will Inspire a Refresh//GREEN PLANTS

Fully Natural Method to Decorate Your Indoor Money Plants That Will Inspire a Refresh//GREEN PLANTS This video shows about creative best money plants growing method using coconut shells with natural method for decoration ideas to grow your money plants for indoor or outdoor. Here I show you how to make coconut shell planters in a few simple steps so you can do it yourself easily with available things. Each pots have drainage holes to keep the plants well drained and stylish ideas for growing pothos plants as indoor decor. Transform your space with these decorative indoor plants and planter is perfect for any house plants and also a best alternative to using plastic pots. #greenplants #moneyplant #moneyplantdecoration #homegardenideas #plants #gardeningideas

The cost of electricity jumps 7% next week, and this advocate worries it will hurt the most vulnerable

The Public Utilities Board approved a Newfoundland Power seven per cent rate increase, which will kick in on August 1. It has people worried about what they’ll have to cut out order to get by.

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.

How to Make a Trendy Money Plant Stick for Your Home | Money Plant Growing Stick//GREEN PLANTS

How to Make a Trendy Money Plant Stick for Your Home | Money Plant Growing Stick//GREEN PLANTS @GreenPlants5 In this video we show you how to make a money plants growing stick or plant pole to support and encourage the healthy growth of the plants. Choosing the perfect indoor plants and creating a growing stick to styling your own money plants climber with self watering system using plastic bottles, this DIY tutorial covers it all. Watch as we guide you through the steps to elevate your indoor garden or home or your living space. #greenplants #plantpole #moneyplant #growingstick #coirstick

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.

G20 finance ministers agree to work toward effectively taxing the super-rich

RIO DE JANEIRO (AP) — Finance ministers from leading rich and developing nations agreed Friday to strive toward effectively taxing the super-rich, a joint ministerial declaration said.

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.

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

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

I'm a money saving guru... here are FIVE ways to save cash with kids

For parents looking to be thrifty with their money, financial expert Lynn Beattie, otherwise known as Mrs Mummypenny, gave her top tips for cutting your spending over the summer holidays.

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."

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.

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?

Rate cut spells some relief for homeowners

Homeowners with variable rate mortgages, and anyone looking to renew or get into a new mortgage, will likely get a better deal after the Bank of Canada cut its key interest rate on Wednesday, according to personal finance expert Rubina Ahmed-Haq. 'They now have a little more wiggle room ... a little extra money,' she said.

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/

Canada’s housing market summer outlook

The real estate market is constantly changing and as we head into the summer months, experts are beginning to see a number of trends unfold. Real estate agent Anya Ettinger joins Antony Robart to share the impact these trends could have on Canadians.

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.

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.

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.

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 ...

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.