Canadian households pull back as spending slows in last half of 2025, RBC reports
Canadian consumer spending eased in August, according to RBC’s latest Consumer Spending Tracker, signalling that many households are trimming budgets and rethinking priorities. RBC’s total cardholder spending dropped by 2.2% month-over-month from July, while core retail sales (excluding automobiles and gasoline) posted just a 0.4% gain. This marks the third straight month of slowing growth […]
This Powerball winner bought 3 California mansions, but experts say that’s a ‘financial burden.’ Here are better ways to invest a cash windfall
This article adheres to strict editorial standards. Some or all links may be monetized. What would you do if you won big in the lottery? How about buying a $50 million mansion, complete with a champagne room and DJ turntables? That’s apparently what Powerball winner Edwin Castro did in late 2023, according to USA Today. […]
Mad Money’s Jim Cramer reveals 5 “boneheaded mistakes” he’s made over decades of investing so you can avoid costly errors
Ask any celebrated investor the secrets to their success, and they’ll probably mention their setbacks. Nobody is perfect. Everyone makes mistakes, and it’s learning from them that can separate the professionals from the amateurs. Fortunately, that doesn’t mean moving to the next level requires losing money. As Warren Buffett once said, the best way to […]
Florida doctor’s fight to stop insurers from denying claims for breast cancer surgeries inspired a Grey’s Anatomy episode. Will it help in Washington?
When St. Petersburg, Florida, plastic surgeon, Dr. Alicia Billington, watched a recent episode of Grey’s Anatomy, she never expected to see her advocacy work spotlighted on primetime television. The episode addressed a stark reality: despite federal protections, breast cancer survivors are routinely having insurance claims denied for reconstructive procedures their doctors recommend. Must Read Thanks […]
Toyota has recalled more than 1 million cars over faulty backup cameras. Know what you’re entitled to if your vehicle is affected
America’s most popular car brand is recalling more than one million vehicles (1). On Oct. 30, Japanese vehicle manufacturer Toyota announced a sweeping recall of several models released between 2020 and 2023 as a result of malfunctioning backup cameras (2). The Toyota Newsroom stated that drivers of some Toyota and Lexus models could experience a […]
Retailers are betting against a seasonal ‘surge’ this year, with holiday hiring expected to drop to a 16-year low — why that’s so troubling
For years, the holiday season has been a lifeline for retailers and workers seeking extra income before year’s end. In 2025, that safety net may be disappearing. A new report from job placement firm Challenger, Gray & Christmas shows that seasonal retail hiring is expected to fall to its lowest level since 2009. (1) Employers […]
Jennifer Garner’s baby food company is going public on the NYSE — could this IPO stumble after launch-day buzz or is it worth investing in?
Co-founded by Jennifer Garner, Once Upon A Farm, a Berkeley, California-based organic baby food company, recently announced its Initial Public Offering (IPO) filing. Pending SEC approval, it will list its common stock on the New York Stock Exchange with the ticker “OFRM”. Must Read Thanks to Jeff Bezos, you can now become a landlord for […]
‘Trump lit the match’: Market chaos has fueled the rise of ‘finfluencers.’ Here’s how to avoid seeing your wealth go up in flames
This article adheres to strict editorial standards. Some or all links may be monetized. Influencers are no longer just shaping Americans’ shopping habits and fashion choices — they’re also playing a role in how people manage their money. And one type of influencer has become particularly popular: the “finfluencer.” Short for "financial influencer," these creators […]
Rich Americans are thriving in 2025 while 80% of the country falls behind — how to build wealth in the ‘K-shaped’ economy (even if you’re squeezed)
There’s a puzzling dynamic emerging in the American economy. On one hand, the S&P 500 and Nasdaq continue to set record highs and economic growth data is seemingly robust. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with […]
‘They’re gonna cave like a Walmart tent’: Missouri man’s FICO score dropped and now his IT job is at risk — what Dave Ramsey says to tell his boss
Ren, an IT contractor for financial institutions, recently discovered a problem that has little to do with his work performance and everything to do with his FICO score. He told The Ramsey Show he’s involved in security work for banks, and his FICO score is one of the things directly tied to his job. Must […]