Money

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

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.

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.

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.

Inflation is cooling, why are Canadians still so stressed out financially?

Despite significant progress in the Bank of Canada’s efforts to bring annual inflation down, a new survey shows that Canadians are feeling more stressed-out financially than two years ago. Anne Gaviola has more on the cumulative effect of the high cost of living and rapidly-rising interest rates on household budgets.

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 ...

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.

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

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.

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.

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 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/

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

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.

17 Surprising Ways Penny-Pinching Costs You More

It's hard to resist seemingly good deals when we see them, whether it's a sweet deal on home in a pricey neighborhood, a tempting cable company promotion or a $10 T-shirt. How To Survive on $500 a...

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."

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

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?

These Are the 9 Most Expensive Cities in the World

If you're thinking about relocating to one of these popular cities, it is definitely going to cost you a pretty penny.

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.

A man who 'hopes he runs out of money' before he dies explains why you may not need as much cash to retire as you think

You might need less money than you think, because you won't be able to cover some healthcare costs anyways, and your expenses will decrease with time.

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.

Self-made millionaire: If you want a 'game-changing' side hustle or business, study this one CEO very closely

RSE Ventures CEO Matt Higgins says aspiring entrepreneurs and side hustlers should study one particular billionaire: Airbnb co-founder Brian Chesky. Here's why.

Packers QB Jordan Love ties record for NFL's highest-paid player with massive contract

Jordan Love's four-year, $220 million contract extension ties him with Joe Burrow and Trevor Lawrence for the title of the NFL's highest-paid player.

Free English Class! Topic: Health Care and Medicine 👩‍⚕️💊🩺

In this English lesson you'll learn words and phrases about Health Care and Medicine. This topic has always been very popular, and although I did this lesson a few years ago, it's worth repeating. It seems that many people who are learning English are curious to know this vocabulary for when they are visiting a hospital and talking to a doctor or nurse. In this lesson I will help you learn the English meaning, and English pronunciation of over 40 English words that you would use when visiting the doctor or hospital. In this English lesson you'll learn words like: stethoscope, thermometer, diagnosis, symptoms, wheelchair, surgeon, specialist, paramedic, air ambulance, waiting room, emergency room, blood pressure, vital signs, intravenous, and more! Your health is the most important thing! I hope you enjoy this English video lesson about Health Care and Medicine! Have a great day! ✅ This lesson has a study pack that you can find right here: https://bobthecanadian.com/products/study-pack-for-health-care-and-medicine-english-lesson ⌛ Remember: Always watch the video three times. Twice today with English subtitles on, and once tomorrow with the English subtitles off. This will reinforce the English you have learned! -- ✅ Support Me and Get These Members Only Perks: 😀💲 If you would like to become a member of my channel here is the link: https://www.youtube.com/channel/UCZJJTxA36ZPNTJ1WFIByaeA/join Becoming a member at every level has these benefits and perks: 1) For 10 minutes during each live stream you will be able to participate in the "Members Only" chat. 2) A cool crown beside your name during live streams and when making comments on videos. 3) Your name in green during live stream lesson chat. 4) You will have access to a members only video each Wednesday called, "Wednesdays with Bob". These are behind the scenes bonus videos with full English transcripts for your listening practice. 5) A full transcript for every Tuesday video. ✅ Join now to receive these perks: https://www.youtube.com/channel/UCZJJTxA36ZPNTJ1WFIByaeA/join I really appreciate those you that have chosen to thank me in this way! Please only support me if you can afford it! If you prefer to support me via Patreon, here is a link to that page: https://www.patreon.com/bobthecanadian Thank you for your generosity! -- ✅SEND ME A POSTCARD: Bob the Canadian P.O. Box 419 Smithville, Ontario Canada L0R2A0 -- TAKE YOUR ENGLISH CONVERSATIONS TO THE NEXT LEVEL: ✅Talk to a real English tutor / teacher at preply: http://tracking.preply.com/SH2X (This is an affiliate, signing up for this service helps support my channel). -- FOLLOW ME: ✅ I have a second Youtube channel right here: https://www.youtube.com/channel/UCmW5tmKIBrryNf5n-_A6Fmw ✅ P.S. If you are interested I have created a podcast of my shorter English lessons. It is right here: https://www.buzzsprout.com/1310116 -- #englishlesson #learnenglish #bobthecanadian **Note: All images used under: CC0 License ✓ Free for personal and commercial use ✓ No attribution required From pexels.com or pixabay.com

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.

Inheritance tax: What it is, who has to pay, and how to avoid it

Inheritance tax is paid by heirs who receive assets after a person's death. Learn about the inheritance tax and how it differs from the estate tax.

'My kids can have whatever's left over': the myth of the Great Boomer Wealth Transfer

Boomers hold half of America's wealth — but they're going to spend it on themselves before their kids have a chance to inherit their money.

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.

2024 Major League Baseball Signing Bonuses

Signing bonuses for the selections through competitive balance round A in the 2024 Major League Baseball amateur draft:

Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks

Here's why Canadian retirees can consider holding high dividend clean energy stocks such as Brookfield Renewable and supplement the CPP. The post Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks 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.

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.

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.

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

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

Shanghai launches $13.8 billion in funds to boost integrated circuit, biomedicine, AI sectors

BEIJING (Reuters) - China's commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries. The fund for the AI sector will focus on fields including intelligent chips, software, autonomous driving and intelligent robots, Shanghai's government said in a statement. The money will be

Why do companies want people back in the office even though study after study shows that working from home can lead to more efficiency and higher quality work? Here are 3 possible reasons

Many workers enjoy the option of working from home.

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.

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...

Millionaires reveal 8 frugal habits that helped them get rich

$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.

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.

When we got married, we decided to keep separate credit cards. It's kept us from fighting about money for over 30 years.

My husband and I have never shared a credit card. We have separate bank accounts aside from a joint account, and we don't fight over money.

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.

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.

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.

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.

My homeowners insurance dropped me after I filed 2 claims in 5 years, and it taught me 3 lessons I wish I'd learned sooner

Anne-Lyse Wealth says she would have paid of out pocket for a roof repair if she'd known her insurance company would drop her.