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I thought I had $300,000 in SpaceX shares — the lesson for Canadians chasing pre-IPO stock

One investor thought his early SpaceX bet was worth $300,000. Here's what went wrong, and what Canadians should know before chasing pre-IPO shares


Special situations on the stock market: Three stories, one common thread — Delivery Hero, Nemetschek, Zefiro Methane and Uber Technologies

Delivery Hero: Uber Offers EUR 41.50 — So Why Is the Share Price Still Only EUR 37.10? On 27 August 2026, Uber Technologies (WKN: A2PHHG | ISIN: US90353T1007 | Ticker symbol: UT8) published the official takeover bid for Delivery Hero. Shareholders have until 5 November to sell their shares to Uber for EUR 41.50. As the share price of Delivery Hero ...


She handed over her unique Brazilian guitar for €50 - then heard: "Be prepared for a surprise"

A street musician is hesitant when asked to let her distinctive Brazilian guitar be upgraded with spray cans. After rejecting a €1 offer, a €50 deal is struck and the transformation begins.


Canada's TSX rises, markets assess rate-hike bets

Sept 3 (Reuters) - Canada's main stock index rose on Thursday, strengthened by mining, technology and financial stocks, recording its biggest one-day jump in about a month. The S&P/TSX Composite Index rose 1.5% to 36,633.12. • The materials sector that includes Canadian miners rose 3.1% as gold, silver and copper rose. • Discovery Mining gained 6.5%, Lundin Gold added 4.2% while Barrick Mining


Bond yields are soaring to multi-decade highs. What does that mean for Canadian consumers?

The bond market is experiencing a steep, global sell-off, creating waves for consumers and investors alike. Here's what you need to know about how the bond market can affect you.


The many ways Donald Trump has made billions of dollars in his second term

US president and former Apprentice star Donald Trump has long been associated with money, what with his reputation as a businessman prior to entering America's top political office, but now the Republican is president (once again), his wealth has come under increased scrutiny. Per a financial disclosure in June, the convicted felon raked in more th...


Santander offers customers £240 if they switch current account and open a savings pot at 8% interest

This is one of the highest switch bribes we've seen recently, leapfrogging HSBC's offer of £220. But as with that deal, there is a significant hoop to jump through.


Here’s how a growing pool of Canadians are paying off their mortgages

Alexis Levenson knew she found the perfect house when she saw it: a 1950s-style, semi-detached bungalow with plenty of space and light — and an unfinished basement she could easily convert into a legal secondary unit to rent out to pay off her mortgage.


What to know about the AP/FRONTLINE investigation into scam victims

Scams in the U.S. have surged to a record high, and most people have been targeted. Americans reported a record $15.9 billion in losses last year to the Federal Trade Commission — a 25% increase from 2024, and likely a huge undercount. The FTC estimates that real losses in 2024 were close to $200 billion, or about $550 million every day.


Why the UK pays more to borrow than rivals and it's not just the 'moron premium': Alex Brummer

An issue for John Healey to deal with when he returns from the divisive summit of G20 economic powers in North Carolina is Britain's high-cost bond yields.


Report: Cash buyers once ruled US real estate but their weapon is losing power

Cash buyers became more prominent after the pandemic as mortgage rates climbed. But the market of 2026 looks very different.


The Fast & Furious rich list: who's earned the most?

Find out which cast members of the illegal racing movies franchise are worth the most, from Jordana Brewster and Vin Diesel to Jason Statham and Dwayne Johnson.


@ the bell: Stocks advance while oil stays calm

The TSX regained momentum on Thursday, driven by gains in resource and health-care stocks, while the Bank of Canada kept interest rates unchanged. Mining shares advanced alongside stronger gold and silver prices, and consumer discretionary stocks rebounded after two consecutive sessions of losses. US markets also moved higher as Treasury yields pau...


Children picking up on parents' concerns about money

A new survey found many Canadian children are picking up on their parents worries about money, while proper financial education is lacking. Kylie Stanton reports.


Market open: Amazon under pressure, Shein slides as oil and bond yields rise | Sep 1st

Markets are under pressure to begin September as rising oil prices and surging bond yields weigh on investor sentiment. The TSX is down 0.65%, while the TSX Venture Index has fallen 1.33%. In the U.S., the Dow is down 0.58% and the Nasdaq is lower by 1.26% as higher energy prices fuel inflation concerns and pressure growth-oriented technology stock...


Why homeowners with huge equity are being pushed to sell their homes

Homeowners are sitting on hundreds of thousands in equity - but rising insurance, taxes and HOA fees are making it harder to afford their own homes.


Dollar bounces as US jobs growth beats expectations

NEW YORK, Sept 4 (Reuters) - The dollar jumped on Friday after data showed that employers added 162,000 jobs in August, well above the 56,000 additions expected by economists. The data follows after an unexpected 23,000 job decline in July. The unemployment rate held steady at 4.1%. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was


Scotiabank customers owed money after $10.45M NSF fee settlement: Are you eligible?

A court-approved class action resolves claims Scotiabank charged duplicate $48 NSF fees on re-presented debits


Wall St. slides after strong jobs report bolsters hawkish Fed bets

By Niket Nishant and Tharuniyaa Lakshmi Sept 4 (Reuters) - The major U.S. stock indexes slipped on Friday after a stronger-than-expected jobs report prompted investors to ramp up bets on an interest rate hike later this month. A Labor Department report showed the U.S. economy added 162,000 jobs in August, compared with estimates of 56,000, according to economists polled by Reuters. The


The surprising science behind how modern money really works

The big-idea explorers at Aperture dive into the surprising science behind how modern money really works.


Do you know what creates 65% of the value of a typical pension pot at retirement?

The most common belief is that individual contributions add the most value to a pension over a working life, finds a survey by Standard Life.


Canada's TSX declines after US jobs data fuels rate-hike bets

By Purvi Agarwal Sept 4 (Reuters) - Canada's main stock index opened lower on Friday after stronger-than-expected U.S. jobs data prompted investors to increase bets on an interest-rate hike by the Federal Reserve this month. The S&P/TSX Composite Index fell 0.4% to 36,494.42 at 09:44 a.m. ET. • Data showed U.S. job growth accelerated sharply in August while the unemployment rate held steady at


Canadian employers plan 3.1% pay raises for 2027 as nearly half hold extra cash for hard-to-keep workers

Canadian employers are signalling that 2027 will bring another year of restrained but still-positive pay growth. New compensation data from


20 reasons even financially independent women are attracted to men with money

A woman can pay her own bills, fund her own lifestyle, and still find financial success attractive in a partner. In many cases, it isn't about wanting someone else to pick up the tab at all. Money can signal qualities like ambition, stability, discipline, and independence, all of which can matter when you're deciding who fits into the life you've already built. Here are 20 reasons even women who earn a lot themselves still want a man with money.


Katie Piper: Here are 5 things every woman should know about money


RCMP charge Calgary man in alleged $164M Ponzi scheme that scammed more than 1,000 Canadian investors

This case raises the pertinent question: what are the warning signs of a Ponzi scheme, and what to do if it involves you


How Taiwan's AI stock boom has ordinary people borrowing to invest

People across Taiwan are taking out loans and even remortgaging their homes to chase gains in an AI-fuelled stock boom — and not everyone is coming out ahead. View on euronews


Scams in the US are at a record high. Yet most victims get no help and some end up losing even more

When Simon’s wife of 43 years passed away, it felt a bit like he’d died too.


Analysis - Shein seeks fast-fashion deals to spur growth

By Helen Reid, Yantoultra Ngui and Selena Li LONDON/HONG KONG, Sept 4 (Reuters) - Now it has clinched a stock market listing after years of false starts, Shein is working to convince investors that it is more than a fast fashion fad. Armed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as it seeks


How I manage my money: Early retiree, 59, has £120,000 in gold, but lives frugally


Insurer Lloyd's of London takes a £1.4bn hit from Iran war and bond market turmoil

Underwriters at Lloyd's of London provide cover for risks across the globe, from shipping and terrorism to fine art and racehorses.


Are you a victim of banks' sneaky savings account rate trick? Sylvia Morris

Huge numbers of savers are missing out with the average easy-access rate just 1.6% across accounts currently on sale and those closed to new savers.


Countries with the most millionaires and billionaires

Money might not make the world go around in a literal sense, but it certainly does give it a helping hand. Between investments, inheritances, and good business, there are cities around the world that have accumulated a nice list of wealthy people. But we’re here to look at which countries most of them call home. Curious? Click through the gallery to see which nations boast the highest number of millionaires and billionaires.


Bank of Canada holds key rate steady, as risks to inflation and economic growth increase

Amid growing trade tensions with the U.S. and the ongoing war in the Middle East, Canada’s central bank held its key lending rate at 2.25 per cent while warning of risks to both growth and inflation. Jacqueline Hansen has more.


RBC hits record $6B quarterly profit while personal banking earnings slip

Royal Bank of Canada has pushed past another earnings milestone, reporting a record $6.0 billion in quarterly profit even as


AIMCo assets top $200 billion as public equities drive gains

Alberta Investment Management Corp. surpassed $200 billion in assets under management with a 7.1 per cent net investment return in the first half of the year marked by conflict in the Middle East, U.S. trade policy uncertainty and evolving inflation expectations.


Brazil, ECB studying instant payments link in potential first cross-border move for Pix, sources say

By Marcela Ayres BRASILIA, Sept 3 (Reuters) - Brazil's central bank and the European Central Bank (ECB) are studying a potential link between their instant payment systems, two people with direct knowledge of the matter said, in a move that could mark the first cross-border expansion of Brazil's hugely successful Pix platform. The sources, who spoke on condition of anonymity, said the


Engaging friends on wealth taxes: A guide

Learn effective strategies to discuss wealth taxes with friends, focusing on empathy and understanding rather than debates, to highlight the importance of addressing inequality.


The £300bn gap AI could fix in your money app - and which banks use it

The £300bn ‘gap’ that AI could fix in your money app - and which banks are already using it - Many bank and finance apps have AI tools embedded to help you manage, move or control your money better


Canadian kids are nearly 5 times more likely to worry about money when they hear their parents’ financial stress

Money stress rarely stays neatly contained in an adult conversation. Children notice changed routines, postponed purchases, tense discussions and the


How I manage my money: NHS nurse on £85k/year saving £750/month to pension


Where is the money? Distraught customers demand answers after millions frozen at BC currency exchange

Customers of a BC currency exchange say millions in transfers are frozen, with little regulatory protection to recover the money — here's what's happening and what options remain


The 25 richest rappers in the world – see who out-earned Drake

Meet the world's richest rappers, from Cardi B to Jay-Z.


My wife found out her father has been putting money into a secret account in her name for years. Could that create a tax problem for us?

Finding out that a parent has been stashing money in your spouse’s name for years is the kind of family surprise that can instantly turn into a tax question. The good news is that a hidden account does not automatically mean you owe tax, penalties, or back returns. What matters most is who legally owned the money, whose Social Security number was attached to the account, and whether the account generated taxable income.


Canada's new King Charles $20 bill was revealed and you can get the vertical banknote soon

The design showcases the "beauty" and "history" of Canada.


It’s all about the math: I turned a $400,000 inheritance into a $900,000 investment — why I chose to rent vs. owning a home

Her family and everyone she knows says to buy using her inheritance — but Canada’s rules on rent and capital gains tax make the decision to own versus rent less obvious than it seems


Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings

By Iain Withers and Tommy Reggiori Wilkes LONDON, Sept 4 (Reuters) - The manager of Norway's $2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S. Treasuries as part of a wider shake-up of its bond investments to improve returns, according to a letter published this week. Norges Bank Investment Management has recommended reducing its weighting to government


X's new payments app X Money hit by mass hacking attempt

Unsolicited password reset emails have hit X users after the launch of X Money, with the platform warning that hackers could be behind a wider phishing attempt. View on euronews


A guide for navigating life’s big financial moments

Big life changes often manage to be exciting and disorienting at the same time. Moving, starting a new job, going back to school, welcoming a baby; any of these, and more, can upend your budget overnight. You won’t be able to anticipate everything, but a little structure up front goes a long way. When life […] The post A guide for navigating life’s big financial moments appeared first on For Your Life.


More Canadians say their next paycheque is already spoken for before it arrives

Survey reveals 61% of Canadians have at least half their income spoken for before payday