News: Money

Man who retired at 35: Saving money won't make you rich – here's what will

Saturday  01:45,   21 july 2018

Changing up expensive habits only goes so far, writes early retiree Steve Adcock.Surely, saving money has something to do with getting rich, right? If not, why would so many of us talk about this stuff so much? There has got to be something[...]
News / Money

Trump heightens China tariff threat with no deal in sight

Saturday  01:45,   21 july 2018

With President Donald Trump intensifying his rift with U.S. trading partners, economists are growing more doubtful that any deal that might benefit American workers and companies is in sight. Instead, many analysts say they expect the Trump[...]

Trudeau affirms NAFTA amid U.S.-Mexico talks

Saturday  01:45,   21 july 2018

Despite fresh rumblings of a bilateral deal between the United States and Mexico, Prime Minister Justin Trudeau is convinced that a full North American Free Trade Agreement is best for all three countries. Trudeau said Friday that NAFTA[...]

MGM banks on never-used anti-terrorism law in suing victims

Saturday  01:41,   21 july 2018

The unprecedented move from MGM Resorts International to sue hundreds of victims of last year's mass shooting in Las Vegas using an obscure U.S. law never tested in court has been framed by the casino-operator as an effort to avoid years of[...]

Canadians feel little pain of rate hikes so far

Saturday  01:21,   21 july 2018

Canadians feel little pain of rate hikes so farData released on Friday showed retail sales rose 2.0 percent in May and are on track to expand at an annualized pace of about 4 percent in the second quarter, defying predictions that rising interest[...]

In Canada, Chinese companies find opportunity—and political obstacles

Friday  23:11,   20 july 2018

Even as the vast majority of Canadians are concerned about Chinese companies operating in Canada, many consumers happily embrace[...]

I quit my new job after 1 day. Here's what happened to my career

Friday  19:07,   20 july 2018

It was a real job, with a decent salary and a legitimate career path. But after just 1 day, I knew it was a mistake. I quit my new job after one just day. This was a "real job," with a six-figure salary and a legitimate career path, and I'd beaten[...]

Microsoft soars past $800 billion in value after strong earnings

Friday  18:16,   20 july 2018

<p>Shares of Microsoft rose to a record high Friday after the company reported another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.</p><p></p>Load[...]

Annual inflation rate heats up to 2.5%

Friday  16:06,   20 july 2018

Annual inflation rate heats up to 2.5%Statistics Canada's latest inflation number received a boost from higher energy prices, especially gasoline, and follows a 2.2 per cent reading for[...]

Loblaws mails $25 gift cards to shoppers who refused to send ID for price-fixing compensation

Friday  13:20,   20 july 2018

Loblaws has sent $25 gift cards to some customers who never expected to get one after they refused to send the retailer a copy of their ID.That's because they refused a request to send ID to qualify for a card, which the retailer offered as[...]

Why Canadian Tire money has always been a waste of your time

Friday  10:00,   20 july 2018

Tristin Hopper: The rate of return on Canadian Tire money is so low that you may have been better off using it as kindling .• Twitter: TristinHopper | Email:[...]

This $500 million yacht is in the middle of a Russian billionaire's divorce battle

Friday  07:20,   20 july 2018

<p>At the center of what's described as Britain's most expensive divorce is a nearly $500 million yacht, named Luna.</p>The ongoing battle between Russian oligarch Farkhad Akhmedov and his ex-wife Tatiana Akhmedova has spanned Russia[...]

Canadian marijuana company Tilray has first US pot IPO

Friday  04:55,   20 july 2018

A Canadian company is the first marijuana business to complete an initial public offering on a major U.S. stock exchange, raising $153 million to expand its operations as Canada prepares to legalize the drug nationwide.&nbsp;British[...]

California sues over Trump halt to truck pollution rule

Friday  04:50,   20 july 2018

California and 14 other states sued the U.S. Environmental Protection Agency Thursday over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks. The July 6 decision by the Trump EPA was illegal and could put thousands of [...]

Trump rips the Fed, says he's not thrilled about rate hikes

Friday  01:56,   20 july 2018

In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery. Presidents rarely intercede when it comes to the Fed, which sets the[...]