More younger Americans are turning to warehouse grocery stores like Costco and Sam’s Club. Is buying in bulk the hack to beating high food costs?
Warehouse clubs are having a moment. Shares of Costco and BJ’s have outperformed other retail stocks in recent years, reflecting the outsized success of the club model. Food prices surged after the pandemic, and even as headline inflation cooled, grocery inflation has lingered, pushing shoppers to stretch paychecks and seek lower prices. This has set […]
Stop overpaying for these 5 things ASAP
The price of almost everything – from a carton of eggs to a pound of steak – remains stubbornly high. A Canadian family of four is expected to spend $16,833.67 on food in 2025 — an increase of more than $800 from 2024 grocery costs, according to Canada’s Food Price Report produced by several Canadian […]
Super-rich Americans are giving up on the stock market and holding more cash and alternative assets. A few places they might put their wealth instead
This article adheres to strict editorial standards. Some or all links may be monetized. High net worth individuals — typically those with $1 million or more in investable assets — held large portions of their total portfolio in cash in 2024. According to a survey conducted by Capital Group, 78% of global high-net-worth individuals around […]
Rising mortgage costs put Canadian homeowners at risk
A growing number of Canadians could face difficulties making mortgage payments when they renew their loans this year and next, according to the Canada Mortgage and Housing Corp. (CMHC). The housing agency says it is monitoring the situation closely as higher interest rates push monthly payments higher. “My overall expectation is that delinquencies and arrears […]
Home prices keep climbing, but a sea change may be coming — will buyers finally catch a break, or are sellers at risk of being dead in the water?
This article adheres to strict editorial standards. Some or all links may be monetized. Like an island on the horizon, owning a home has never felt more out of reach. Year after year, home prices have climbed higher, leaving many buyers fighting a headwind, wondering if they’ll ever catch a break. In January, the S&P […]
Build Canada Homes launch sparks debate over Ottawa’s role in fixing housing crisis
The federal government has unveiled Build Canada Homes (BCH), a new $13 billion housing initiative aimed at delivering more affordable homes to Canadians. Prime Minister Mark Carney framed it as a major step toward tackling the nation’s long-running housing crisis. “Canada’s new government is relentlessly focused on bringing down housing costs”, Carney said in the […]
Wells Fargo employee is being accused of stealing, draining account of deceased 90-something woman — here’s how the niece figured it out. Could you?
A former Wells Fargo employee has been indicted on charges of allegedly stealing more than $26,000 from the account of an Oregon woman in her 90s. According to a Multnomah County indictment, Brittany Monique McLaughlin faces 20 counts, including aggravated theft, aggravated identity theft and first-degree theft. Must Read Thanks to Jeff Bezos, you can […]
Gen Z still relying on parents’ pockets to survive, BMO survey finds
Canadian parents are increasingly serving as a financial lifeline for their adult children, with a new survey showing one in five Gen Zers rely on family support just to cover day-to-day expenses. The findings highlight a deepening trend of intergenerational dependence as young Canadians struggle to balance high living costs with slow wage growth. According […]
Copper wire thieves target AT&T’s underground vault in LA — 1,502 incidents leave streets in dark, folks without service. Why does it keep happening?
Copper wire thieves in Los Angeles may not be directly targeting people, but their crimes are hitting close to home for many. In South LA, a major AT&T vault packed with miles of underground copper cable became a target, and the fallout has been costly. Back in January 2025, thieves broke into the facility and […]
You can’t fix what you don’t track — do you really know where your money goes?
Your credit score might just be three digits, but those numbers can make a big difference in your life. A strong score can open doors to lower mortgage rates, cheaper insurance, and better loan offers — savings that can add up to thousands of dollars over time. In other words, the better your credit, the […]