Canada sees surge of support for buying local
A new Interac survey shows nearly all – nine in 10 – Canadians say supporting local Canadian businesses is important to them. Only slightly less, eight in 10, agree that buying Canadian feels more important than it did last year, due to the trade tensions caused by the US. "Amid the current climate of economic […]
‘It’s just sad’: This San Francisco restaurant is facing closing after 20 years — how high costs and shifting dining trends are impacting the restaurant industry
Rent prices in San Francisco’s Mission District have remained high above the national average for many years. On average, it costs $3,397 to rent a place to call home in San Francisco. And for business owners, rent prices have been a major strain for years. But for some businesses, a recent rash of rent hikes […]
‘I can’t believe I fell for it’: Bay Area man out $4,000, scammed by fake appliance repair company. Here’s how he got swindled — and how to protect yourself against service provider fraud
In November, just before Thanksgiving, Ben Phillips called Box Appliance, a San Francisco Bay Area appliance repair company he’d used before, to fix a leak in his 22-year-old refrigerator. But this time around, after several visits and a $4,000 bill, the technician not only upsold him to replace the compressor, but they also didn’t actually […]
My dad, 75, only has $31K saved for retirement and he’s freaking out — how do I help him make the most of his $70K salary to save his retirement?
As of 2022, the typical American aged 75 and over had $130,000 in retirement savings, according to the Federal Reserve. However, Americans 65 to 74 had a median retirement savings balance of $200,000. The reason older people have less money may boil down to the fact that by age 75, a lot of people have […]
‘I had no idea’: This Maryland snowbird’s Florida beach home was embroiled in an identity theft fraud scheme — how one scammer took a small coincidence and turned it into $80K
For Sandra Martin, sharing a name with three other women in Broward County seemed like a harmless coincidence — until it made her the target of identity theft. According to NBC 6 South Florida, the 62-year-old snowbird from Maryland learned that her Deerfield Beach home was fraudulently listed as a rental. Apparently, it was tied […]
My partner and I are in our 30s and we just got married. I plan on selling my house and moving into my spouse’s home — but is selling the right move? If not, what are my options?
Sometimes, life comes at you fast. Whether you’re forced to relocate for work, are in the midst of a messy divorce or decide to downsize after the kids have flown the nest, you may suddenly face the prospect of selling your home. Let’s say, for example, that you’re in your early-30s and you’ve recently exchanged […]
‘They’re getting better every day’: New ‘jackpotting’ scam has drained over $236,000 from Texas ATMs — and hackers have ties to Russia. Here’s who foots the loss and how to avoid ATM fraud
ATMs across Harris County, Texas, have been spitting out cash like slot machines — but no bank accounts have been compromised. In just four days, nearly a quarter of a million dollars vanished from local ATM machines, which investigators are calling a first-of-its-kind cyber theft in the region, according to KPRC 2. The culprits are […]
‘You’re running out of time’: More than a million Americans may be missing a $1,400 stimulus check — here’s how to find out if you’re one of them before it’s too late
Get ready to circle your calendars and dig out your tax documents — April 15 is more than just Tax Day this year. The Internal Revenue Service (IRS) has set the deadline for taxpayers to file their 2021 return and unlock a potential refund — including up to $1,400 in unclaimed stimulus payments from the […]
Invesco’s Chief Global Market Strategist highlights the 5 biggest risks investors need to consider heading into 2025
A few months into 2025, and investors continue to navigate a complex financial landscape marked by both opportunity and uncertainty. Invesco’s Chief Global Market Strategist, Kristina Hooper, highlights key risks investors need to address going into 2025. Whether it’s inflationary pressures or market dynamics, investors who understand these challenges — and proactively prepare for them […]
Is homeownership still a pipe dream? Home affordability slipped further in 12 of 13 major markets, report shows
While the Bank of Canada interest rate has dipped over the past few months, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12 of 13 major markets, according to a report by Ratehub. This marks the second month in a row where affordability declined. Prior to […]