Bait-and-switch mortgage rates are everywhere – here’s how to cut through the hype
A regular chore for mortgage broker Victor Tran is providing reality checks to people who find great rate deals advertised online. “It happens all the time,” Mr. Tran said. “I would say almost nine out of 10 of my conversations.” Canada’s high-cost housing market forces buyers and owners to find the best possible mortgage rate. […]
A key U.S. inflation report looms over Wall Street. How to trade it
The October personal consumption expenditures price index report has many investors wondering how it may impact the postelection market rally. The S & P equal weight index has outperformed the market cap-weighted S & P 500 since Nov. 5. On top of that, more than 100 S & P companies hit new highs on Monday. […]
‘Tekmiria’ and how to avoid them
Taxpayers whose presumed income is higher than their actual income have two months to find ways to avoid paying additional tax. Taxpayers can claim income, loans received, lump sums, compensation, and gambling winnings to avoid the presumption. The arbitrary presumption of real incomes through property assets (known as “tekmiria”) is based on the individual presumptive […]
India’s Ratan Tata, the man who knew how to ‘think big and bold’ | Obituaries News
A greying, slightly bent man asked for a table for two at the Sea Lounge, the iconic coffee shop at the Taj Hotels’ flagship hotel in Mumbai, a few years ago. The restaurant was buzzing with customers there to sit by the windows and watch the sun melt into the Arabian Sea outside. There were no […]
Young people are doom spending. Here’s what it is and how to stop it
Westend61 | Westend61 | Getty Images Some young people are splashing out on luxuries like travel and designer clothes instead of saving, in a trend that’s being characterized as “doom spending” on social media. Doom spending is when a person mindlessly shops to self-soothe because they feel pessimistic about the economy and their future, according […]
How to invest for next decade with New York Life’s Lauren Goodwin
Longer-term investors should ignore the daily racket surrounding interest rates and focus on generating income over the next 10 years, according to New York Life economist and chief market strategist Lauren Goodwin. It’s easy to get caught up in the day-to-day fodder, especially during a week like this one, according to Goodwin, who spoke to […]
How to save Britain from a doom loop of decay, decline – and default
And yet the size of the UK’s public sector has inexorably increased, from around 30pc of GDP last century to, during Covid, over 50pc; even now it is around 45pc. The number shows little sign of reducing. Second: along with a large state comes the corollary: high taxes. Over and again, academic studies have shown […]
How To Make AI Both Responsible And Ethical
This is the published version of Forbes’ CEO newsletter, which offers the latest news for today’s and tomorrow’s business leaders and decision makers. Click here to get it delivered to your inbox every week. Are Tesla investors getting tired of the way CEO Elon Musk is running the company? It certainly looks as if that […]
Opinion: We need to help students learn how to overcome their anxiety
Alexandra Shimo is a creativity coach, professor and author. I knew that something was different this year when it came time to grade my students’ work. In my nine years of teaching and lecturing at various universities and colleges in Ontario, I have found that some anxiety around the end of the school year is […]
How to get the most out of your student summer earnings
Summer is just starting for most kids, but for college and university students it’s already halfway over. If you have a child who is off school and working for the summer, now’s a good time to see how their bank account looks. A student’s summer earnings can cover a good chunk of the bills during […]