Finance

Record profits, rising fees: Are Canada’s big six banks cashing in on you?

Canadian banks are doing incredibly well right now. The big six financial institutions just posted some of their highest earnings in years, with billions in ... Read more This article appeared first on Mastermind Quotes.

Do you need a 6-figure income to retire early? No — here are 5 money-growing moves for the under-$100K set

You can still retire early — if you’re disciplined.

Business Matters: Prada buys fashion rival Versace in US$1.4B deal

After a long courtship, high fashion house Prada is taking ownership of rival Versace in a US$1.4 billion deal. Anne Gaviola has this story and more in Business Matters for Dec. 2, 2025.

Here's the number of Canadians who reach $1 million by retirement — and 3 steps to help you get there. Are you close?

The keys to get into the seven-figure club

Build a cash-gushing passive-income portfolio with just $40,000

Building a passive income portfolio can be as simple as investing in dividend ETFs or prudently in individual stocks more tailored to your income goals. The post Build a Cash-Gushing Passive-Income Portfolio With just $40,000 appeared first on The Motley Fool Canada.

TFSA Income: 2 Premier Canadian Dividend Stocks to Buy Right Now With $10,000

These stocks have increased dividends annually for decades. The post TFSA Income: 2 Premier Canadian Dividend Stocks to Buy Right Now With $10,000 appeared first on The Motley Fool Canada.

Invest $20,000 in 2 TSX Stocks for $839 In Passive Income

These TSX stocks maintain sustainable payout ratios, indicating they have the potential to generate worry-free passive income for years. The post Invest $20,000 in 2 TSX Stocks for $839 In Passive Income appeared first on The Motley Fool Canada.

The 21 celebrity billionaires, ranked by riches

From iconic actors to legendary musicians, meet the world's billionaire celebrities.

Market open: Meta surges on AI pivot, Netflix shocks Wall Street with $72B Warner Bros. deal | Dec 05, 2025

Markets opened strong this morning as Canadian equities rallied alongside U.S. tech gains. The TSX is up over 1%, supported by financials and technology, while the Nasdaq is higher by more than half a percent, lifted by select tech giants. The Dow is modestly higher, and London’s FTSE is also in positive territory. Commodities are mostly higher: go...

Mortgage misery for four million households as bills soar despite interest rate cuts

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

Average net worth of Canadians by age – see how you compare

What the budget has really done to the housing market

What the Budget has really done to the housing market - IN FOCUS: The homes that are for sale aren’t shifting and there are more people in desperate need of somewhere to live than ever before. This is a national emergency and why some are saying we need a meeting of Cobra to sort it out, writes Chris Blackhurst

Which major world currencies are hardest to fake?

Find out which countries have the most and least counterfeited currencies, and the measures banks take to stop fake cash entering circulation.

Iranians seek portable wealth as hedge against falling currency after war with Israel

When it comes to financial security for Iran’s jittery public after the 12-day war with Israel, all that glitters is gold — and for many, it remains the most trusted hedge against inflation, sanctions and a weakening rial currency. (AP Video by Saeed Sarmadi)

Dollar General raises annual profit forecast on resilient demand for essentials

Dec 4 (Reuters) - Dollar General raised its annual profit forecast after beating third-quarter earnings estimates on Thursday, banking on resilient demand at its discount stores, as well as its efforts to cut costs and reduce inventory-related damages. Shares of the company, which also bumped up its full-year comparable sales forecast, were up about 3% premarket. The stock has risen about 45% so

EU Commission aims to make Europe's financial markets more attractive

The European Commission plans to fundamentally streamline and modernize the complex financial market rules for European Union countries. The planned reforms aim to improve the competitiveness of the EU's financial markets by harmonizing regulations for trading venues and streamlining supervisory processes. This includes plans to transfer supervisor...

Reinsurance giant Swiss Re sets $4.5 billion income target for 2026

Swiss reinsurance company Swiss Re is targeting a group net income of $4.5 billion in 2026, it announced on Friday, as it presented an updated strategy for the year ahead. The plan includes the introduction next year of a sustainable annual share buyback programme starting at $500 million, contingent on the company meeting its 2025 earnings target....

1 magnificent dividend stock down 14% to buy and hold for decades

This Canadian dividend star has increased its distribution in each of the past 25 years. The post 1 Magnificent Dividend Stock Down 14% to Buy and Hold for Decades appeared first on The Motley Fool Canada.

How moving £340 from Christmas spending could boost pension pot by £81,000

By diverting savings from Christmas presents each year, people could boost their pension by thousands of pounds, experts say

The financial mistakes in your 40s that ruin your 70s

With 'Trump Accounts,' your baby could qualify for $1,000. Here's what to know

WASHINGTON (AP) — When the children of wealthy households leave the nest, they often benefit from their parents' largesse in the form of a trust fund. Less affluent peers may receive nothing at all — or even be expected to support their families when they become adults.

How this app simplifies investing and stock analysis

This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

Bank of Montreal's fourth-quarter profit rises on capital markets strength

Dec 4 (Reuters) - Bank of Montreal reported a rise in fourth-quarter profit on Thursday, as its capital markets unit benefited from a dealmaking rebound and rallying equity markets. On an adjusted basis, it reported a profit of C$2.51 billion ($1.80 billion) or C$3.28 per share, for the quarter ended October 31, compared with C$1.54 billion, or C$1.90 per share, a year earlier. ($1 = 1.3966

Labour accused of breaching manifesto as hospitality faces £318million business rates bombshell

Hospitality chiefs have accused Labour of breaching its manifesto after hammering firms with a huge increase in their business rates bill that will result in closures and job losses.

I took a payday loan to buy concert tickets. The concert got canceled. Can I get a refund and avoid bankruptcy?

When excitement takes over, financial logic often slips into the backseat. That’s exactly what happened when the perfect seats for a long-awaited concert appeared online—close enough to grab, but far beyond the budget. Like countless people who’ve made emotional, spur-of-the-moment purchases, the choice led straight to a payday loan. It felt harmless at the time. Repayment could wait. Then the cancellation email landed, and suddenly the problem...

Argentina's President Milei to issue a dollar bond, eyeing a return to global markets

BUENOS AIRES, Argentina (AP) — The libertarian government of Argentina's President Javier Milei announced Friday it would issue a dollar bond for the first time in nearly eight years, as the cash-strapped country seeks a return to international markets and faces an enormous sum of debt due in the coming months.

A look at accommodations and experiences in India for $1,000

Discover what $1,000 can get you in India through a variety of travel experiences and accommodations. This video highlights options such as All Seasons Homestay, Fairmont Jaipur, and Four Seasons Mumbai, providing insights into local culture, amenities, and value for money in different locations.

Oprah Winfrey's $4.8BN real estate portfolio is revealed

Superstar talk show host Oprah Winfrey hit the stage in Sydney on Thursday for her first appearance on her Australian speaking tour.

I'm 64 and will get a £98,000 inheritance tax bill for being single, but a couple could pay nothing

My flat is worth £500,000 and I have savings of around £70,000. As it stands I would face a big inheritance tax bill, but a married couple in my position would not.

Wall Street surges as cooler inflation makes December rate cut all but certain

Today's reading took on increased importance, too. It's the final inflation reading ahead of the Fed's December decision on a potential interest rate cut.

Canada's CIBC fourth-quarter profit rises on strength in capital markets unit

Dec 4 (Reuters) - Canadian Imperial Bank of Commerce reported a rise in fourth-quarter profit on Thursday, driven by robust performance in its capital markets division. The bank's adjusted net income rose to C$2.19 billion ($1.57 billion), or C$2.21 per share, during the three months ended October 31, compared with C$1.89 billion, or C$1.91 per share, a year earlier. ($1 = 1.3958 Canadian

Is Mumbai Truly India’s Strongest Financial Capital?

Discover Mumbai, India’s leading commercial and financial powerhouse. This video explores the city’s economic strength, business districts, major industries, infrastructure, and its role in driving India’s growth. #Mumbai #FinancialCapital #IndiaGrowth #Economy #UrbanLife

Kalshi's valuation doubles on strong interest in prediction markets platforms

By Pritam Biswas Dec 2 (Reuters) - Kalshi said on Tuesday it had raised $1 billion in a financing round, more than doubling its valuation at $11 billion in about two months, as interest in prediction market platforms mounts. The platforms allow users worldwide to trade binary contracts on outcomes in politics, sports, economics and entertainment. The model has drawn strong backing for its

The five vital money conversations every couple should have

The five vital money conversations every couple should have - Establishing trust and money goals earlier in a relationship can help avoid escalating problems later

How to get the best deal on your cash ISA

How I Manage My Money: Carer, on £1.9k a month, wants a £20k state pension

Etoro launches paid subscription: With a debit card and cashback paid in shares is it worth joining?

The new subscription gives access to features that were previously only available to those with a balance of $25,000 or more.

Wall Street rises near its all-time high

Wall Street rises near its all-time high

Well Health stock: Buy, sell, or hold in 2026

Down over 50% from all-time highs, Well Health stock offers significant upside potential to shareholders in December 2025. The post Well Health Stock: Buy, Sell, or Hold In 2026 appeared first on The Motley Fool Canada.

Hedge funds double down using near-record leverage in quest to boost returns

By Anirban Sen and Nell Mackenzie NEW YORK, Dec 3 (Reuters) - Hedge funds are using near-record levels of leverage to trade equities and betting on debt-backed strategies in efforts to juice returns, making the most of markets buoyed by a boom in artificial intelligence. Over the past few years, debt-fueled strategies have surged as funds have become larger and more complex. That trend is

I paid off £85k of debt by getting money-savvy – here are my 13 golden rules

The dominance of the US dollar appears to be unravelling under Trump

The US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times of uncertainty. Governments and central banks hold dollars to manage the value of their own currencies and as a form of insurance against economic shocks...

Focus on these 3 ‘magic numbers’ to become a millionaire in Canada — how do you stack up?

Juggling them is easier than you’d think.

What are Europeans giving up for their mortgage payments?

Many Europeans are taking on hefty mortgages to cover housing costs. For some, such loans require cutting back on daily purchases — but what gets trimmed first? View on euronews

Maya saved $5,000 babysitting. Here’s how her mom is helping it grow

A practical guide for helping minors grow their money without locking it all away

Canada's TD Bank quarterly profit rises on interest income boost

Dec 4 (Reuters) - Toronto-Dominion Bank reported a rise in fourth-quarter profit on Thursday, as the Canadian lender was helped by an increase in its income from interests. The bank reported adjusted net income of C$3.91 billion, or C$2.18 per share, in the three months ended October 31, compared with C$3.21 billion, or C$1.72 per share, in the year-ago period. (Reporting by Pritam Biswas in

Regina police, RCMP warn of 'grandparent scams,' with over $40K reported lost

Regina police and the RCMP are warning the public about a spike in what are commonly called "grandparent scams," after six victims in southern Saskatchewan reported losing more than $40,000 in recent weeks.

Is Europe risk-averse? Here are the countries investing the most

Europeans’ investments in capital markets vary widely, both as a share of national output and per person. Denmark, Sweden, and the Netherlands are clear front-runners in both measures. View on euronews

Relief at last: What the Bank of Canada’s new outlook means for your wallet — and how to take back control

What the Bank of Canada’s November 2025 Quarterly Financial Report means for you and how to prepare for what comes next

Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO

By Prakhar Srivastava Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront is targeting a valuation of up to $2.05 billion in its U.S. initial public offering, it said on Tuesday, becoming the latest to test a trend of strong investor appetite for fintech listings. The Palo Alto, California-based company plans to raise as much as $485 million by selling 34.6 million shares,