Montreal-based SSENSE seeks creditor protection amid US tariff shock — Is this another Canadian retail casualty?
Montreal-based luxury retailer SSENSE plans to file for creditor protection under the Companies’ Creditors Arrangement Act (CCAA), citing a sudden liquidity crisis triggered by U.S. changes to its de minimis exemption on low-value parcels, among other pressures. CEO Rami Atallah wrote in a staff memo, quoted by the BBC, that the firm was “surprised” by […]
Canadians’ spending is increasing year-over-year — putting retirees at risk of this 1 ‘spending shock.’ Here’s how much emergency savings you need to be retirement ready
Many would-be retirees assume that once they reach those precious golden years, their spending will naturally decline — but that’s not necessarily a given. Those who have retired are seeing huge fluctuations in their annual spending — and it’s upending a lot of people’s budgets. Whether you’ve got a sizable nest egg or not, it’s […]
Trump promised to slash drug prices by 1,500% — but here’s how his latest move could undercut that plan and end up costing average Americans
Trump promised to slash Americans’ drug prices by 1,500%, but his latest move could raise them higher than ever. Trump recently threatened 200% tariffs on imported drugs — a massive shift for an industry that has long operated with little to no import duties. “A tariff would hurt consumers most of all, as they would […]
I’m in my early 60s and I want to retire in 3 years or less — what are 5 financial boxes I need to check right now?
This article adheres to strict editorial standards. Some or all links may be monetized. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. When retirement is scheduled within three years or less, you’re nearing the finish line and […]
Australians are blasting a new proposal that taxes ‘unused bedrooms’ to solve housing crisis — but would it work in the US?
This article adheres to strict editorial standards. Some or all links may be monetized. Like the U.S., Australia too has been grappling with a housing crisis. And experts Down Under have floated a controversial fix: taxing unused bedrooms in people’s homes. The idea stems from new research by real estate analytics firm Cotality, which found […]
South Korea hosts live-stream crypto trading event with teams battling over real-time profits and losses. Is gamification the future of investing?
The gamification of investing took a hyper-leap at the latest Korea Blockchain Week held in Seoul from September 21 to 27. One of the side events, Perp-DEX DAY, was a live e-sport style spectacle where competitors traded perpetual futures — a type of cryptocurrency derivative. It’s a new prospect for gaming and entertainment, but despite […]
Here are 4 top overseas havens where US retirees can live rich on Social Security — is time to start planning your escape?
Common retirement fears — like higher taxes, inflation, and outliving savings — often share a single root cause: the high cost of living. If you could significantly reduce your living expenses in retirement, many of these concerns would diminish — and you might even be able to retire with a smaller nest egg than expected. […]
Should you pay off your mortgage early or buy US stocks with the Fed cutting rates? 2 big pros and cons American homeowners must know
After cutting its benchmark interest rate by a quarter point in September, the Federal Reserve is widely expected to implement two more cuts by year’s end, according to CNBC. [1] While this signals relief for many borrowers, mortgage rates remain high. As of the first week of October, the average 30-year fixed mortgage rate was […]
President Trump signs executive order to fine banks who drop customers for their politics — what it could mean for your risk of being ‘debanked’
If your bank ever decided to close your account because it didn’t like your political views, it may soon have to pay for it. President Donald Trump has signed an executive order that would penalize financial institutions for “de-banking” customers over their political beliefs. The order targets banks accused of cutting ties with individuals, businesses […]
Americans’ spending in this 1 key area has dropped for 3 months straight — that hasn’t happened since 2008. But 1 group is still throwing money around
For the first time since the dawn of the Great Recession, American consumers are tapping the brakes on a key category of spending. According to the July 2025 Bank of America Consumer Checkpoint report, data shows shifting habits and a significant decline in spending. It marks the third consecutive monthly drop in services spending — […]