Finance

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?

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

$2 Billion Pentagon Error May Lead to Additional Weapons for Ukraine

This error led to an initial overstatement of $6.2 billion in aid sent to Kyiv.

What's the Difference Between Business Class and First Class?

We asked experts to break down the airplane seat hierarchy to help decipher when that upgrade is actually worth it.

Apollo Funds to take IGT Gaming, Everi private in $6.3 billion deal

By Nathan Gomes (Reuters) -Private equity firm Apollo Funds will take International Game Technology's gaming and digital business and Everi Holdings private in an all-cash deal that values the combined business at $6.3 billion, the companies said on Friday. Shares of IGT jumped 16%, while casino platform provider Everi rose 38% in premarket trading. The deal is the latest sign of a resurgence

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.

Top 10 most expensive US states to live in – see if yours makes the list

5 signs you're spending your money wrong, even if you don't think you are

If you're always online shopping, have no clue where money goes, and don't have any spending goals, you're probably not spending productively.

Millionaires reveal 8 frugal habits that helped them get rich

Retirees: Set it and Forget it With 3 Long-Term Growth Gems

These three growth gems have proven for decades now why they belong in every portfolio, but especially for retirees. The post Retirees: Set it and Forget it With 3 Long-Term Growth Gems appeared first on The Motley Fool Canada.

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.

I bought a bigger house, and the buyer's remorse hurts. My family didn't need it, but I still think it'll be worth it.

Sam Dogen had some buyer's remorse after upgrading to a bigger house. Dogen, who retired in 2012, plans to go back to work to afford the new home.

Married Canadians: Save on Taxes by Combining Finances

If you give your spouse money to buy Fortis (TSX:FTS) stock, the second-generation dividend income is taxed at their rate. The post Married Canadians: Save on Taxes by Combining Finances appeared first on The Motley Fool Canada.

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/

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.

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.

US promises $240 million to improve fish hatcheries, protect tribal rights in Pacific Northwest

BOISE, Idaho (AP) — The U.S. government will invest $240 million in salmon and steelhead hatcheries in the Pacific Northwest to boost declining fish populations and support the treaty-protected fishing rights of Native American tribes, officials announced Thursday.

Terrifier series: Indie horror hits big with third film release

The horror film series Terrifier is an example of how you can still achieve the American dream in the USA. The first two parts of the horror series were amateur productions made by young people, which made the creators a lot of money and enabled them to make more professional films. The third part of the bloody horror series will be released in the...

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.

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.

UBC study on break-even point for owning EVs

If you're wondering whether the gas savings are worth the extra money you'd spend on an EV, a new UBC study has some answers for you. Rumina Daya reports.

New data pulls back the curtain on Trump’s tips proposal

During the 2024 Republican National Convention in Milwaukee, presidential nominee Donald Trump promoted his proposal to eliminate taxes on tips. Sen. Ted Cruz (R-Texas) is on board with Trump's plan, introducing a bill that would eliminate federal income taxes on tips. Cruz's bill has been dubbed the No Taxes On Tips Act of 2024. But Axios' Emily P...

The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund

If you are solely dependent on CPP for retirement, it is time rethink that. Consider building your pension fund before it is too late. The post The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund 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.

Tipping, in this economy? How tipping culture is evolving

Underscoring locals' ability to enjoy their summer is their ability to tip amid rising inflation. Industry stakeholders say to alleviate the problem, government intervention is needed in one form or another, but one expert says the market may be forced to adapt sooner.

North Korea's Economy Sees Significant Growth

North Korea's economy experienced notable growth last year.

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

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.

TFSA Passive Income: Earn $550/Month

TFSA investors can produce their desired monthly passive income streams over time with regular contributions and the right dividend stocks. The post TFSA Passive Income: Earn $550/Month appeared first on The Motley Fool Canada.

Budget support from US: Ambassador explains when Ukraine will receive all promised funds

In the fall, Ukraine will receive all the funds that were allocated by the United States this spring, according to a statement by Ukraine's ambassador to the United States, Oksana Markarova. "$60 billion was allocated (referring to the aid package from the United States approved this spring - ed.), of which $7.9 billion is direct budgetary assistan...

Self-made millionaire: I copied these 5 rich people habits to earn my first $1 million

Inspired by his rich basketball coaches, Alan Corey copies their habits to build his own wealth. Now he's a self-made millionaire running his own businesses. Here's how he made his first $1 million.

Here's What 15 Things Cost 100 Years Ago

Price check on aisle 1920.

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

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.

Chinese Banks Discriminate Against 'Dirty' Yuan Tied to Russia

Chinese banks are unofficially categorizing yuan as either "clean" or "dirty," with the latter being linked to Russia.

MEG Energy announces dividend as it reaps Trans Mountain expansion benefits

CALGARY — MEG Energy announced a quarterly dividend of 10 cents per share as it reported earnings of $136 million, saying a successful start-up of the Trans Mountain pipeline expansion has helped generate better prices for its oil.

Meet the typical HENRY: Urban 32-year-olds with no kids who make a six-figure income and have a college degree

The typical HENRY — high earner, not rich yet — is 32, lives in a city, and makes six figures, though many don't feel financially secure.

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

When G7 will agree on terms of $50 billion loan to Ukraine: US Treasury Secretary's forecast

The G7 countries may agree on the terms of a $50 billion loan to Ukraine from profits derived from frozen Russian assets by October, US Treasury Secretary Janet Yellen stated in a comment to Reuters. She mentioned that the discussions among the G7 finance ministers in Brazil regarding the loan for Ukraine were constructive. Specifically, the requir...

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

‘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.

Loblaw’s $500M settlement: Did the national boycott impact their bottom-line profit?

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500-million to settle a class-action lawsuit regarding their involvement in an alleged bread price-fixing scheme. The class-action case was brought against a group of companies that includes Loblaw and the Weston companies, Metro, Walmart Canada, Giant Tiger and Sobeys owner Empire Co. Ltd. This comes as Loblaw reported its second-quarter profit decreased compared with a year ago amid a month-long national boycott of the company. Anne Gaviola has more on the class action case and whether or not the May boycott made a significant dent in the grocery giant’s bottom line.

SNEAK PEEK | Parker Investigates $300 Million Bankrupt Mine In Brazil | Gold Rush: Parker's Trail

Subscribe to Discovery UK for more great clips: https://bit.ly/3wjYPAU Searching for new gold-rich ground, Parker investigates a gold mine that received over $300 million in investment but went bankrupt shortly afterwards. #GoldRushParkersTrail #DiscoveryUK 🇬🇧 Catch full episodes of your favourite Discovery Channel shows on discovery+: https://bit.ly/41DFZTB From Season 7 Episode 4. Follow Discovery UK on Twitter: http://www.twitter.com/DiscoveryUK

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.

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.

What's cheaper, EV or gas? This scholar crunched the numbers

Where you live and how much you drive each day matters when it comes to the cost-effectiveness of an electric vehicle, compared to gas. to A new UBC study crunches the numbers.

Grim survey shows impact of Newsom's wage hike on fast food industry

The Employment Policies Institute survey of nearly 200 fast food firms across the state further found that 89 percent of them have already been forced to reduce scheduled hours for their employees.

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.

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.

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.