Despite economic uncertainty, Canadian homeowners remain confident in their budget
Despite the daily worries of escalating tariffs, economic recession, inflation and who knows what else, many Canadian homeowners don’t seem all that worried about keeping up. A new CIBC poll found the majority of mortgage holders feeling confident in their ability to handle their mortgage payments and make their budgets work. "As mortgage rates are […]
Prof G says the US does everything to ‘buttress’ the riches of older Americans even as young people struggle — claims housing has shot up 4X while buying power has plunged. Do you agree?
There’s been plenty of debate about the stubborn wealth and income gap in our economy. But according to NYU Professor Scott Galloway, the real chasm isn’t just between the rich and the poor. It’s between the old and the young. In a recent conversation with Simon Sinek, Galloway proposed the theory that the economic system […]
The Fed is still predicting ‘negative growth’ — and American consumer expectations hit a 12-year low. Will a recession follow? Here’s how to protect your finances
Recent events have shaken the confidence of many Americans — and they are wondering whether a recession is on the horizon. When asked about current conditions, President Donald Trump said on Fox News Sunday Morning Futures in early March that “there is a period of transition” and “we’re bringing wealth back to America … it […]
‘There’s a huge percentage of the US population that isn’t getting access to these medications’: Novo Nordisk makes game-changing $2 billion deal for new obesity drug
Danish pharmaceutical company Novo Nordisk — best known for its blockbuster weight-loss drugs Ozempic and Wegovy — has signed a $2 billion deal to acquire the global rights to an experimental obesity treatment from China’s United Bio-Technology (Hengqin) Co. The March 24 agreement includes milestone payments of up to $1.8 billion, plus tiered royalties. The […]
I’m 27 and ready to get serious about my finances, but struggle with high living costs — where do I start?
If you’re a young adult and feel like your finances aren’t in order, you’re not alone. A 2024 Bank of America survey found that 52% of Americans aged 18 to 27 say they don’t make enough money to live the life they want, and that sky-high living costs are a top barrier to financial success. […]
Here are 5 simple signs that someone is secretly broke in America — do they apply to the people around you?
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. It’s natural to be curious about how well off — or not — our friends, neighbors and peers are. And for better or worse, social media makes it easy […]
‘Vacant land is very easy to steal’: Scammers are impersonating landowners to sell properties to unsuspecting buyers — here’s how to protect yourself
Your dream plot of land may be nothing more than a scam. Lisa Shaw has been selling properties in suburban New Jersey for more than two decades. When she was contacted by a Canadian citizen living in England to get help selling his Randolph, NJ plot of land, she didn’t immediately suspect something fishy was […]
‘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 […]
What to expect when you’re expecting: First year cost for pets
It’s easy to go overboard when you’re getting a new pet. Whether it’s supplies, toys or even clothes, some things are just too cute to pass up. But these things quickly add up, even if you try to stick to necessities. It’s possible to budget and plan for your new furry addition, and we’ve put […]
I’m 32 and want to invest in stocks but don’t know where to start. How can I make the most of my money for long-term growth?
If you haven’t started investing in the stock market, you’re not alone. Nearly half (48%) of American adults don’t have any investment assets, according to a 2024 report by asset management firm Janus Henderson. The reasons why included a preference for more accessible assets like cash, being in debt or not understanding how to invest. […]