Finance

Stock market today: Wall Street rips higher after inflation data and strong bank profits

NEW YORK (AP) — U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.

Here's how much life cost in 1995 compared to 2025

From a semi-detached to a Pot Noodle.

How mega-polluters take advantage of billions in green loans

Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars.

The Impact of Renewable Energy on the US Economy

The Impact of Renewable Energy on the US Economy Get more from ClimateCosmos! What do you think about this topic? Share your thoughts in the comments below — we’d love to hear from you! Want more stories like this? Follow us and never miss out!

JPMorgan posts record annual profit as dealmakers, traders ride market rebound

(Reuters) -JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter. The banking giant was buoyed by a strong economy and interest rate cuts that boosted stock sales and bond offerings. The bullish environment also prompted more mergers and acquisitions after years of tepid activity. Profit for 2024 rose

US bank regulator fines three former Wells Fargo executives over fake accounts scandal

By Pete Schroeder WASHINGTON (Reuters) -A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake accounts scandal. The Office of the Comptroller of the Currency said Claudia Russ Anderson, the bank's former community bank group risk officer, would be fined $10 million and prohibited from working in the banking

Let's code a DIGITAL CLOCK in Python! 🕒

#python #pythontutorial #pythoncourseforbeginners 00:00:00 pip install PyQt5 00:00:41 imports 00:01:57 class DigitalClock(QWidget) 00:02:59 if __name__ == "__main__" 00:04:48 setting up __init__() 00:05:29 initUI() 00:10:03 update_time() 00:12:47 custom font ## Python PyQt5 Digital Clock import sys from PyQt5.QtWidgets import QApplication, QWidget, QLabel, QVBoxLayout from PyQt5.QtCore import QTimer, QTime, Qt from PyQt5.QtGui import QFont, QFontDatabase class DigitalClock(QWidget): def __init__(self): super().__init__() self.time_label = QLabel(self) self.timer = QTimer(self) self.initUI() def initUI(self): self.setWindowTitle("Digital Clock") self.setGeometry(600, 400, 300, 100) vbox = QVBoxLayout() vbox.addWidget(self.time_label) self.setLayout(vbox) self.time_label.setAlignment(Qt.AlignCenter) self.time_label.setStyleSheet("font-size: 150px;" "color: hsl(111, 100%, 50%);") self.setStyleSheet("background-color: black;") ## Use a custom font ## font_id = QFontDatabase.addApplicationFont("DS-DIGIT.TTF") ## font_family = QFontDatabase.applicationFontFamilies(font_id)[0] ## my_font = QFont(font_family, 300) ## self.time_label.setFont(my_font) self.timer.timeout.connect(self.update_time) self.timer.start(1000) self.update_time() def update_time(self): current_time = QTime.currentTime().toString("hh:mm:ss AP") self.time_label.setText(current_time) if __name__ == "__main__": app = QApplication(sys.argv) clock = DigitalClock() clock.show() sys.exit(app.exec_())

Barrick Gold suspends operations in Mali after government seizes gold stocks

Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company's Loulo-Gounkoto complex.

Young would-be homeowners can't buy without parental money

New data released Tuesday sheds more light on a dark situation for young would-be homeowners. It is extremely difficult for them to get into B.C.'s real estate market. As Belle Puri reports, incomes aren't keeping up with housing costs.

Treasury nominee plans to say at confirmation hearing that Trump will unleash 'economic golden age'

WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age."

‘It’s not taxed at all’: Warren Buffett shares the 'best investment' you can make when battling inflation — and it doesn't have to cost you a dime

Buffett likes high-quality businesses with low capital needs but, even better, are investments that don't cost you a dime. Here are two strategies straight from Buffett's playbook

10 Facts About the Hidden Costs of Climate Change

Uncover the unseen price tag of our climate crisis! 🌍💰 These 10 surprising facts shed light on the hidden costs we've overlooked. Join the conversation and let’s drive awareness together! #ClimateChange #Sustainability #HiddenCosts

Rising borrowing costs set to batter UK government - why does it matter?

As borrowing costs rise, the government has less money to spend on the country's creaking National Health Service, military, emergency services and schools. View on euronews

CBC using Google compensation payout to boost local news coverage with 30 new hires

CBC News is planning to boost coverage in nearly two dozen underserved communities across Canada by hiring up to 30 permanent journalists.

Trump says he will create an 'External Revenue Service' agency to collect tariff income

WASHINGTON (AP) — President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations.

How Much Is A Plane In 2021 - Aircraft Prices & Why It Doesn't Matter

In this video, I'm going to tell you how you can buy a commercial plane, how much it costs and why that may not be the best idea. There are some pretty crazy price differences and some planes are effectively worthless despite costing half a billion dollars - so buckle up and let us go shopping!

Canada could impose tariffs on $105 billion worth of US imports, source says

By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) - Canada could impose countermeasures on up to C$150 billion ($105 billion) worth of U.S. imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a source familiar with the matter said on Wednesday. Canada has drawn up a list of targets but would hold public consultations before acting, said the source, adding

5 Frugal Habits That Expert Barbara Ginty Swears By

In a world where spending money seems almost as effortless as breathing, cultivating frugal habits has become an art form. Whether it's buying clothes while shopping online or making impulse purchases...

Biden warns of dangerous threat of new age of ‘robber barons’ in farewell address

Biden warns of dangerous threat of new age of ‘robber barons’ in farewell address - President urges Americans to stay engaged for battle for the future

Buy 4,167 Shares of 1 Dividend Stock, Create $325/Month in Passive Income

This dividend stock has one strong outlook. Right now could be the best time to grab it while it offers sky-high dividends. The post Buy 4,167 Shares of 1 Dividend Stock, Create $325/Month in Passive Income appeared first on The Motley Fool Canada.

What’s getting more expensive in 2025?

If you live in Quebec, you can expect to pay more for a few things in 2025. The price of several goods and services including groceries and electricity are expected to rise.

Business Matters: Consumer debt sentiments worsening, survey shows

Insolvency firm MNP says Canadians have entered 2025 feeling pessimistic about their personal finance rates, despite multiple interest rate cuts. Amandalina Letterio has the details and more in Business Matters for January 13, 2025.

$1.8 billion isn't missing after all in South Carolina but questions remain about accounting error

COLUMBIA, S.C. (AP) — It turns out that $1.8 billion in South Carolina state funds weren't just sitting in a bank account waiting to be spent. Instead, it was an accounting error compounded over years instead of being reconciled, an independent forensic audit determined.

15 Most Affordable Places To Retire Abroad

If you've only ever considered retirement in the United States but aren't quite finding the location, affordability or ambiance you want, it might be time to expand your horizons. Living abroad can be...

Parker’s New Australia Claim Has Over $1 Million Worth Of Gold! | Gold Rush

Subscribe to Discovery UK for more great clips: https://bit.ly/3wjYPAU Parker’s risk in taking on the Australia claim pays off when the first week of running the wash plant makes over $1 million dollars! 🇬🇧 Catch full episodes of your favourite Discovery Channel shows on discovery+: https://bit.ly/41DFZTB From Season 14 Episode 15. Follow Discovery UK on Twitter: http://www.twitter.com/DiscoveryUK

12-Year Blueprint: How to Build a $1 Million TFSA Portfolio by 2037

Here's how disciplined Canadian investors can use the TFSA to build long-term wealth over the next 12 years. The post 12-Year Blueprint: How to Build a $1 Million TFSA Portfolio by 2037 appeared first on The Motley Fool Canada.

US businesses wary of Trump policy impacts, Fed survey shows

By Ann Saphir (Reuters) -The U.S. economy ended 2024 with a slight to moderate increase in activity and a tick upward in employment, the Federal Reserve said on Wednesday, but businesses flagged a range of concerns about the potential for policies under President-elect Donald Trump to push prices higher. The findings, which draw on observations from the business and community contacts of each of

The best long-term investment strategies

If you aren’t already investing, you should start, ASAP. But before making any big decisions, consider these best long-term investment strategies

What to do with your 401(k) when you retire

For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over.

Yellen defends COVID spending, says it saved millions from losing jobs

(Changes day of Yellen's departure from Treasury job to Monday in paragraph 2) By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration's response to the COVID pandemic, arguing that its stimulus spending and other policies led to robust growth and averted millions of job losses. In her last major speech before leaving office

Confused about all the deductions on your paycheque? Here's what they mean

You're a few weeks into your new job and payday has arrived.

9 items you have around your home that are worth more than you think

It just got more expensive to travel in 51 countries — see the full list

The value of the pound has fallen.

3 Reasons Your CPP Benefits Are More Valuable Than You Think

Holding iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) in a TFSA can supplement your CPP. The post 3 Reasons Your CPP Benefits Are More Valuable Than You Think appeared first on The Motley Fool Canada.

March Madness to pay women’s teams under new NCAA-approved structure

Women’s basketball teams finally will be paid for playing games in the NCAA Tournament each March just like the men have for years under a plan approved Wednesday at the NCAA convention.

How high will home prices get in 2025? Depends where you live

If the Bank of Canada signals the policy rate may have settled at the bottom, CREA said that could set up a wave of activity in the already traditionally busy spring market.

What is a bitcoin, anyway?

Jarrett Vaughan, adjunct professor, UBC Sauder School of Business, explains the currency to us like we're 12 years old.

Canada carbon rebate goes out today as future of carbon tax remains unclear

OTTAWA — The first carbon rebate of 2025 is being paid out today to households in provinces that use the federal carbon pricing system — even as the future of the rebate program itself remains uncertain.

2 No-Brainer Growth Stocks to Buy Right Now for Less Than $500

Both of these top Canadian stocks have impressive track records and years of growth potential, making them two of the best to buy now. The post 2 No-Brainer Growth Stocks to Buy Right Now for Less Than $500 appeared first on The Motley Fool Canada.

How Much Cash Do You Need to Quit Work and Live Off Dividend Income?

If you're looking for early retirement, you've come to the right place. Start saving, and start earning massive income for now, and retirement. The post How Much Cash Do You Need to Quit Work and Live Off Dividend Income? appeared first on The Motley Fool Canada.

Struggling with numbers was the first warning sign of my brother’s dementia

Should You Pay Off Your Mortgage Early or Invest? | Financial Advisor Explains

In this video, we go over the best way to go about where to put your excess cash when you have an existing mortgage. What is the optimal decision? Is it really smarter to invest the money instead of paying off the home? What are the other intangible factors? All that will be answered today. Mortgage Payoff Calculator: https://www.calculator.net/mortgage-payoff-calculator FREE STOCKS + RESOURCES: 🏆 Webull Deposit a Minimum of $500 and Get a Guaranteed $50 Free Stock: https://www.webull.com/k/HumphreyYang 🏆 Webull UK: https://www.webull-uk.com/i/humphreyUK 💸 SoFi Checking & Savings: https://sofi.com/humphrey Get up to 4.40% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply. RESOURCES: 💵 Free Templates: https://beacons.ai/humphreytalks/freedownloads 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com ▶️ See What I Invest In ➭ https://patreon.com/humphreytalks 💳 My Favorite Credit Cards ➭ https://cardonomics.com/i/humphrey 👾 Join our free Discord Community: https://discord.gg/xJzsaGaaDE MY SOCIALS: Secret Channel -- https://youtube.com/@hug Instagram -- https://instagram.com/humphreytalks Twitter -- https://twitter.com/humphreytalks TikTok -- https://tiktok.com/@humphreytalks Rickie (Editor) ➭ https://instagram.com/coldgamerick WHO AM I? Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth. PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel! ⏱️ Timestamps: 0:00 - Start Here 0:55 - How Mortgages Actually Work 4:24 - Stock Market Returns 9:16 - Tips to Pay Off Mortgage Early

What’s weighing on the loonie?

With the Canadian dollar hovering near four-year lows, your trips south of the border could look a bit more expensive this year... but experts say there are ways to ease the financial stress of a weak loonie, and maybe even get ahead. Nivrita Ganguly reports.

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

Japan finance minister flags action against excessive foreign exchange movement

TOKYO (Reuters) -Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive movement on the foreign exchange market, as the yen has seen high volatility ahead of a key monetary policy meeting. "As I have said previously, we have been seeing rather sharp movement," Kato said at the Japan National Press Club. "The government has

3 tax deductions you're probably missing out on

Taking advantage of these often overlooked tax deductions can help you lower your tax bill.

Jobs that pay the most for under 30 hours work a week

I saved £30,000 in 2 years - all while working a minimum wage job

I set myself a goal of becoming a millionaire in 10 years.

Here’s How Much 35-Year-Old Canadians Need Now to Retire at 65

The TFSA can be the perfect place to grow your retirement income, and if you're 35, here's how much you should have. The post Here’s How Much 35-Year-Old Canadians Need Now to Retire at 65 appeared first on The Motley Fool Canada.

Home insurance rates likely to spike in 2025 following severe weather events, insurers warn

The Insurance Bureau of Canada says 2024 was the costliest year ever when it comes to weather-related insurance losses. As Liam Britten reports, insurers expect home insurance rates to rise this year.