Finance

Help to Buy has netted government £1.74bn but future gains will be hit by plummeting flat prices

The Help to Buy equity loan scheme has netted the Government £1.74bn, new data shows - though falling flat prices are likely to stunt its returns in future.

The mattress and furniture markup: How a $500 wholesale item becomes a $2,500 sale

SpaceX stock climbs as shares available for trading more than double

By Niket Nishant and Akash Sriram Aug 6 (Reuters) - SpaceX stock rose in heavy trading on Thursday, as the number of shares available for public trading more than doubled following the expiry of the first of several lockup restrictions. The internet and rocket company's stock was up 1.4% at $109.86, with over $23 billion worth of the shares exchanged as of midday, on track for SpaceX's busiest

Experts warn SpaceX's $1.77T valuation defies gravity — here's how Canadians can invest in space while staying grounded

The SpaceX IPO is generating massive buzz — but analysts say it's overpriced. Here are the space economy stocks and ETFs Canadians can buy today, no lineup required

L&G beats profit forecasts amid push into private markets

Total private markets assets under management rose by more than a fifth to £79bn during the period, L&G said.

US stocks edge lower as oil prices rise and more earnings reports roll in

NEW YORK (AP) — Stocks edged further away from their recent records on Thursday as Wall Street faced pressure from rising oil prices and mixed company earnings.

Canadians under 35 have a median net worth of just $159,100. By 55–64, that number is $873,400

Disney's 'Toy Story 5' fuels streaming business and merchandise sales for June quarter

By Dawn Chmielewski LOS ANGELES, Aug 5 (Reuters) - Disney said the blockbuster success of "Toy Story 5" extended beyond the box office for the June quarter, as the hit film fueled sales of merchandise, added to engagement on the Disney+ streaming service, and attracted more visitors to its theme parks. Shares of the company jumped 4.6% in premarket trading on Wednesday. CEO Josh D'Amaro, who

One in six couples never talk about money: We reveal what to discuss before moving in together

While 65% believe couples should talk about money before moving in together, just 11% actually did this... so what are the best conversation starters?

BP profit doubles to $5.7bn as war between US and Iran drives up oil

BP profit doubles to $5.7bn as war between US and Iran drives up oil prices - The five majors, BP, Shell, ExxonMobil, Chevron and TotalEnergies, together made about $46bn between April and June

Selling your business? Here's how Canadians can shield $1+ million from the CRA

Most incorporated professionals never check if their shares actually qualify for this tax break until a buyer is already at the table

Barron Trump's jaw-dropping net worth is higher than mom Melania's

Joining the rest of his family in accruing unprecedented wealth during his dad's presidency, Barron Trump makes more than his own mom, Melania Trump.

The new retirement strategy? Spending it all before you die

Forget leaving an inheritance for the children

Manulife records earnings growth, announces C$3.2 billion reinsurance deal with Munich Re

(Corrects currency in bullet 4 to US dollars, not Canadian dollars) TORONTO, Aug 5 (Reuters) - Manulife Financial reported higher second-quarter profit on Wednesday, driven by strong performance in its Asia and U.S. segments. • The insurer reported core earnings of C$1.92 billion ($1.37 billion) or C$1.09 per share in the three months ended June 30, compared with C$1.73 billion, or 95 Canadian

How I manage my money: Finance worker, on £50,000 a year, wants a £1m pension

10 things worth your money 💰

10 things worth your money 💰

How I manage my money: Theatre technician, 22, with a £135,000 first home

Chris Minton wants to be able to pick and choose the work he does from the age of 40

Mortgage renewals cost Canadians $375 more a month as 31% cut other spending

For many Canadian homeowners, the mortgage renewal shock is no longer a future warning. It has become a monthly budget

Canada's Sun Life posts higher profit on strength in Asia, domestic business

Aug 6 (Reuters) - Canadian insurer Sun Life Financial on Thursday reported a rise in second-quarter profit, driven by standout performance in its home market and Asia. Sun Life also announced the retirement of board chair Scott Powers, who will be succeeded by Joseph Natale in May 2027. Here are some details: • The company's underlying earnings per share rose to C$2.02 in the three months ended

Market open: Sandisk slides despite profit surge, RBI beats as AI momentum wobbles | Aug 6th

Markets are mixed today as investors digest another wave of earnings while trimming risk in AI momentum names. The TSX is slightly higher, up 0.06%, while the TSX Venture Index is down 0.16%. In the U.S., the Dow is off 0.18% and the Nasdaq is down 0.35% as AI-linked stocks remain under pressure following a volatile earnings season. London’s FTSE 1...

Polymarket seeks over $20 billion valuation in funding round, Bloomberg News reports

Aug 4 (Reuters) - Polymarket is seeking to raise funds at a valuation of more than $20 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. The prediction markets platform is holding early discussions to raise about $1 billion in the funding round, the report added. Reuters could not independently verify the report. Polymarket did not immediately respond to a

Commerzbank profit nearly doubles as UniCredit takeover bid heats up

Commerzbank almost doubled its second-quarter net profit and said the stronger earnings performance would form the basis for talks with its largest shareholder, Italy's UniCredit, as the takeover battle over the German lender intensifies. Net profit rose to €898 million ($1.04 billion) in the April-June period from €462 million a year earlier, when...

Here are the 5 biggest differences between rich and poor Canadians — which side do you fall on?

Here's what sets wealthy Canadians apart

Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

BANGKOK (AP) — Asian shares surged and oil prices slipped Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran.

Financial companies now make up 37% of the TSX as Canadian bank valuations top US rivals

Canada’s stock market is increasingly being shaped by one powerful group: financial companies. As of August 6, 2026, the financial

Canadian dollar steadies near seven-week high ahead of jobs data

By Fergal Smith TORONTO, Aug 6 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Thursday as the greenback posted broad-based gains and investors turned attention to U.S. and Canadian jobs data. The loonie was trading nearly unchanged at 1.4015 per U.S. dollar, or 71.35 U.S. cents, after touching its strongest intraday level since June 17 at 1.3991. • The U.S. dollar

Japan's Toyota reports hefty profit on cheap yen and solid car sales

TOKYO (AP) — Toyota reported Tuesday a nearly doubling of profit for the fiscal first quarter as solid demand in the U.S. and India combined with a favorable exchange rate to boost results.

Canadian dollar becomes the most-shorted major currency as Trump tariffs test confidence

Currency markets rarely shout, but the latest positioning against the Canadian dollar sends a clear warning. Speculators built roughly US$12.5

I'm 49 with $300K saved and $180K left on my mortgage — should I pay it off or invest the money instead?

For Canadians with significant savings and a mortgage nearing its end, the question of whether to wipe out the debt or put that money to work could define the next decade of their financial life

Inter & Co has printed money since inception: The stock looks cheap

・Inter & Co (NASDAQ:INTR) delivered solid revenue and net income growth in Q2 2026, further substantiating the value-add at the heart of the company’s technology. ・Inter & Co is a digital bank serving 45 million consumers through mortgages, credit, gift cards, investments and international payments. ・The fintech stock has given back 23 per cent yea...

Spider-Man shatters $500M record as cinemas rebound

Record-breaking debut: Brand New Day hit $500M domestically in seven days, surpassing Avengers: Endgame’s eight-day record. Gen Z returns: 36% of its opening weekend audience was aged 18-24, defying predictions of youth cinema apathy. Hollywood resurgence: Strong youth turnout and multiple billion-dollar films have fuelled the best box office momentum since 2019.

Katie Piper: The one thing I’ve learned about money that every woman needs to know

Making Moscow pay: EU turns frozen Russian asset profits into €1.4B defense boost for Ukraine

Ukraine is getting a massive financial boost straight from the interest earned on frozen Russian assets. The European Union released €1.4 billion on August 5 to bolster defense operations and strengthen national resilience against continuous air strikes. This transfer covers revenues accumulated during the first half of 2026. European Commission Pr...

The shocking science behind why money is humanity's greatest illusion

The big-idea explorers at Aperture dive into the shocking science behind currency to explain why money is ultimately humanity's greatest illusion.

How much should you have saved for retirement by every decade of your life?

How much wealth does the average Canadian need to retire — and are they on track?

The $500 million strategy that's changing how much you pay

For more than a century, shoppers expected one simple rule: everyone paid the same listed price. This investigation argues that the rule is disappearing as companies increasingly use algorithms, customer data, and AI to adjust prices. From American Airlines' $500 million revenue boost through dynamic pricing to Amazon's pricing experiments and Uber's surge pricing, the video examines how personalized pricing has evolved. It also asks what happens when prices depend more on who you are than what you're buying.

Musk promises 6% interest on X savings as lawmakers raise alarm

Today, digital apps handle everything from instant payments to high-yield savings directly on our mobile phones. A major social network is now pushing that idea further by transforming its entire platform into an all-in-one financial hub, reports LADbible. Heavy financial perks LADbible reported that social media platform X has officially launched ...

How to build a modern emergency fund when everything costs more

Your emergency fund called. It wants a glow-up.

Oil rebounds as markets trade mixed following Wall Street rally

European markets opened slightly higher on Tuesday morning, while Asia-Pacific shares were mixed overnight following a Wall Street rally supported by easing oil prices. View on euronews

HSBC profits jump 23% as bank is boosted by higher net interest margins

HSBC has announced a $1bn share buyback scheme after first-half profits jumped by 23%.

Alphabet looks to raise up to $25 billion from latest bond sale, source says

Aug 6 (Reuters) - Alphabet is looking to raise between $20 billion and $25 billion from its latest U.S. bond offering, a source familiar with the matter said on Thursday, weeks after the tech giant's 2026 capital spending outlook triggered a steep selloff. The company is offering notes in as many as 10 parts, a regulatory filing showed. The maturities on the notes range from two to 40 years, the

Concerning facts about the US national debt

Countries with the most millionaires and billionaires

Money might not make the world go around in a literal sense, but it certainly does give it a helping hand. Between investments, inheritances, and good business, there are cities around the world that have accumulated a nice list of wealthy people. But we’re here to look at which countries most of them call home. Curious? Click through the gallery to see which nations boast the highest number of millionaires and billionaires.

Counterfeit fears add pressure to Canada's shift toward digital payments

As concerns about counterfeit bills persist, Calgarians who rely on cash worry about a changing payment landscape.

The 5-minute investor podcast, ep. 73: The bargain case for digital banking stocks

Welcome to episode 73 of The 5-Minute Investor Podcast, where Stockhouse columnists Jonathon Brown and me, Trevor Abes, each deliver a 2.5-minute profile on a stock related to recent investment news. This week, with approximately 2.1 billion adults remaining unbanked or underbanked, according to a 2025 report from the World Bank, the need for alter...

Strong shekel squeezes Israeli high-tech as AI reshapes the industry

What appears from the outside to be a badge of economic excellence looks from within like a sharp cut in revenue: the dollars keep coming in, but once converted into shekels, they are worth far less.

BC law to combat money laundering still not in force three years after being introduced

More than three years after the B.C. government announced new oversight of businesses that deal in foreign exchanges, wire transfers and money orders because they can be conduits for money laundering, the laws are still not in force.

Over-40s like me never had money lessons – here’s what our children need to learn

Ruth Davidson remembers being told 'money doesn't grow on trees', but not what a mortgage or pension was

Canada faces a 50% US tariff in less than two weeks — here's what changes for shoppers first

Ottawa is weighing concessions on alcohol, autos and dairy to avoid new U.S. tariffs. Here's what could actually move the needle on what Canadians pay — and when