Money

Stocks rise, dollar wilts as investors strap in for Fed rate cut

By Amanda Cooper LONDON, Dec 5 (Reuters) - Global shares rose on Friday, heading for a second week of gains ahead of a key read of U.S. inflation that investors are confident will pave the way for a Federal Reserve rate cut next week, a likelihood that weighed on the dollar and boosted gold. European stock markets were propelled higher by gains in mining stocks after the price of copper hit

Kalshi's valuation doubles on strong interest in prediction markets platforms

By Pritam Biswas Dec 2 (Reuters) - Kalshi said on Tuesday it had raised $1 billion in a financing round, more than doubling its valuation at $11 billion in about two months, as interest in prediction market platforms mounts. The platforms allow users worldwide to trade binary contracts on outcomes in politics, sports, economics and entertainment. The model has drawn strong backing for its

Etoro launches paid subscription: With a debit card and cashback paid in shares is it worth joining?

The new subscription gives access to features that were previously only available to those with a balance of $25,000 or more.

Royal Bank of Canada quarterly profit rises on capital markets strength

Dec 3 (Reuters) - Royal Bank of Canada reported a rise in fourth quarter profit on Wednesday, as the Canadian lender was helped by strength in its capital markets segment. The bank reported adjusted net income of C$5.55 billion, or C$3.85 per share, for the three months ended October 31, compared with C$4.44 billion, or C$3.07 per share, in the year-ago period. (Reporting by Pritam Biswas in

Is Mumbai Truly India’s Strongest Financial Capital?

Discover Mumbai, India’s leading commercial and financial powerhouse. This video explores the city’s economic strength, business districts, major industries, infrastructure, and its role in driving India’s growth. #Mumbai #FinancialCapital #IndiaGrowth #Economy #UrbanLife

Experts urge people to switch their savings account

Switching your savings account should be your one bit of admin today

I'm 64 and will get a £98,000 inheritance tax bill for being single, but a couple could pay nothing

My flat is worth £500,000 and I have savings of around £70,000. As it stands I would face a big inheritance tax bill, but a married couple in my position would not.

Invest $7,000 in This Dividend Stock for $388 in Annual Passive Income

Enbridge Inc (TSX:ENB) stock can supply considerable dividend income. The post Invest $7,000 in This Dividend Stock for $388 in Annual Passive Income appeared first on The Motley Fool Canada.

Canada's TD Bank quarterly profit rises on interest income boost

Dec 4 (Reuters) - Toronto-Dominion Bank reported a rise in fourth-quarter profit on Thursday, as the Canadian lender was helped by an increase in its income from interests. The bank reported adjusted net income of C$3.91 billion, or C$2.18 per share, in the three months ended October 31, compared with C$3.21 billion, or C$1.72 per share, in the year-ago period. (Reporting by Pritam Biswas in

@ the Bell: Markets set mixed tone for Wednesday interest rate decisions

The TSX index gave back 52 basis points on Friday driven by losses in technology, industrial and healthcare stocks, as well as stronger-than-expected labour data slimming chances of an interest rate cut next Wednesday from the Bank of Canada. US markets were cheerier for the opposite reason, with signs of a slowing labour market, coupled with resil...

Powerball jackpot jumps to $875 million - the second biggest this year

Powerball jackpot jumps to $875 million - the second biggest this year - Four people purchased tickets which netted them $1 million during Saturday’s prize draw - but the big prize is still up for grabs

With 'Trump Accounts,' your baby could qualify for $1,000. Here's what to know

WASHINGTON (AP) — When the children of wealthy households leave the nest, they often benefit from their parents' largesse in the form of a trust fund. Less affluent peers may receive nothing at all — or even be expected to support their families when they become adults.

Relief at last: What the Bank of Canada’s new outlook means for your wallet — and how to take back control

What the Bank of Canada’s November 2025 Quarterly Financial Report means for you and how to prepare for what comes next

I paid off £85k of debt by getting money-savvy – here are my 13 golden rules

Iranians seek portable wealth as hedge against falling currency after war with Israel

When it comes to financial security for Iran’s jittery public after the 12-day war with Israel, all that glitters is gold — and for many, it remains the most trusted hedge against inflation, sanctions and a weakening rial currency. (AP Video by Saeed Sarmadi)

Reinsurance giant Swiss Re sets $4.5 billion income target for 2026

Swiss reinsurance company Swiss Re is targeting a group net income of $4.5 billion in 2026, it announced on Friday, as it presented an updated strategy for the year ahead. The plan includes the introduction next year of a sustainable annual share buyback programme starting at $500 million, contingent on the company meeting its 2025 earnings target....

Maple Leaf Foods to pay special dividend of 60 cents per share

MISSISSAUGA — Maple Leaf Foods Inc. says it will pay a special cash dividend to shareholders.

Business Matters: Prada buys fashion rival Versace in US$1.4B deal

After a long courtship, high fashion house Prada is taking ownership of rival Versace in a US$1.4 billion deal. Anne Gaviola has this story and more in Business Matters for Dec. 2, 2025.

Invest $15,000 in this dividend stock: Create $78 in passive income

Given its improving financial performances, healthy outlook, and reasonable valuation, Whitecap is an ideal buy to boost your passive income. The post Invest $15,000 in This Dividend Stock: Create $78 in Passive Income appeared first on The Motley Fool Canada.

Want extra dough? Bread price fixing compensation deadline is almost here

Feeling stung by the bread price-fixing scandal of 2001-2021? Here's your last chance to claim a piece of the $500-million class action settlement.

How much you could save for retirement if you invested £3 a day

Investing over a long period of time can lead to impressive returns - even if you're investing small amounts

Which major world currencies are hardest to fake?

Find out which countries have the most and least counterfeited currencies, and the measures banks take to stop fake cash entering circulation.

Credible or clickbait? Finding the right financial advice

Open conversations about money are powerful. They can help break taboos around topics like debt and savings and help you get a handle on your finances. But research shows that only one-third of Canadians turn to someone for financial advice. Of those who do reach out, the most common source of advice is friends and […] The post Credible or clickbait? Finding the right financial advice appeared first on For Your Life.

National Bank of Canada's fourth-quarter profit rises on strong wealth management business

Dec 3 (Reuters) - National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by a robust performance in its wealth management segments. The Canadian lender posted an adjusted profit of C$1.16 billion ($831.90 million), or C$2.82 per share, in the three months ended October 31, compared with C$928 million, or C$2.58 per share, last year. ($1 = 1.3944 Canadian dollars)

Australia took another step toward full financial control

Australia is phasing out cash — and most people still don’t realize what that means. ATMs are disappearing, physical payments are becoming rare, and digital control is being normalized. Supporters call it "modernization," but critics warn it's a step toward financial surveillance. Once money becomes digital-only, it becomes programmable. And someone else decides what “acceptable spending” looks like.

Canadians owe a staggering $2.5 trillion in household debt — here’s how to chip away and finally breathe free

Learn how to get out of debt for good without resorting to formal debt relief strategies like a consumer proposal or bankruptcy.

Here's the number of Canadians who reach $1 million by retirement — and 3 steps to help you get there. Are you close?

The keys to get into the seven-figure club

I cashed out my entire retirement fund to day-trade meme stocks. Now I have $84 left. What in the world should I do?

That sinking feeling in your stomach right now is real. Your palms warm up, your chest tightens a little, and the number 84 sits in your mind like a blinking warning light. The kicker to this whole story is that many people chased fast gains during meme-stock surges and watched their savings evaporate. But there is an evident silver lining because you’re not frozen in place. There are steps that pull you out of the panic spiral and into...

Mortgage misery for four million households as bills soar despite interest rate cuts

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

22 money saving tips that truly work for Canadians

Feeling the pinch before payday? Find out how to make your money go further (and stop yourself going broke) with our list of 22 helpful saving tips that you and your bank account will love...

How I manage my Christmas budget: Millionaire spending £15,000 on gifts

Brighton's Greg invests with ethics over profits

Greg Bortkiewicz refuses to invest in companies he doesn't morally align with

Canada just lost its top spot with the US — and your wallet will feel the shift

What Canada’s shrinking role in U.S. trade means for your wallet

Build a cash-gushing passive-income portfolio with just $40,000

Building a passive income portfolio can be as simple as investing in dividend ETFs or prudently in individual stocks more tailored to your income goals. The post Build a Cash-Gushing Passive-Income Portfolio With just $40,000 appeared first on The Motley Fool Canada.

Wall Street surges as cooler inflation makes December rate cut all but certain

Today's reading took on increased importance, too. It's the final inflation reading ahead of the Fed's December decision on a potential interest rate cut.

How this app simplifies investing and stock analysis

This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

CRA just released new 2026 tax brackets

New 2026 CRA tax brackets can cut “bracket creep” so plan around them to ensure more compounding, and consider Manulife for dependable dividend income. The post CRA Just Released New 2026 Tax Brackets appeared first on The Motley Fool Canada.

Fed data suggests central bank has stopped losing money

By Michael S. Derby Dec 3 (Reuters) - The Federal Reserve appears to have finally turned the corner on a three-year-long string of unprecedented loss-making tied to how it has implemented monetary policy in the wake of the COVID-19 pandemic. Over recent weeks, data released by the central bank shows that since the start of November the Fed has started to make enough money again to very slowly

The 21 celebrity billionaires, ranked by riches

From iconic actors to legendary musicians, meet the world's billionaire celebrities.

EU Commission aims to make Europe's financial markets more attractive

The European Commission plans to fundamentally streamline and modernize the complex financial market rules for European Union countries. The planned reforms aim to improve the competitiveness of the EU's financial markets by harmonizing regulations for trading venues and streamlining supervisory processes. This includes plans to transfer supervisor...

Wall Street pulls back from its record heights

NEW YORK (AP) — U.S. stocks pulled away from their record heights on Monday.

Number of Americans living paycheck to paycheck surges

A rising number of workers and families across the U.S. are reporting that they can’t pay their bills without relying on each paycheck they get. This affordability issue is reflected in numerous private surveys and bank analyses, prompting some policy measures from Washington. The headline numbers Data from payroll company ADP reveals that 64% of A...

Oprah Winfrey's $4.8BN real estate portfolio is revealed

Superstar talk show host Oprah Winfrey hit the stage in Sydney on Thursday for her first appearance on her Australian speaking tour.

1 magnificent dividend stock down 14% to buy and hold for decades

This Canadian dividend star has increased its distribution in each of the past 25 years. The post 1 Magnificent Dividend Stock Down 14% to Buy and Hold for Decades appeared first on The Motley Fool Canada.

A look at accommodations and experiences in India for $1,000

Discover what $1,000 can get you in India through a variety of travel experiences and accommodations. This video highlights options such as All Seasons Homestay, Fairmont Jaipur, and Four Seasons Mumbai, providing insights into local culture, amenities, and value for money in different locations.

Business rates cut for Harrods and Selfridges - as Reeves hammers pubs with a painful rise

Businesses were left seething by Budget reforms that will see small venues pay an extra £318m in the property tax over the next three years.

AI credit concerns playing out differently in investment grade and high yield, Goldman says

(In December 5 story, removes reference to Mirabaud's assets under management, changes "Mirabaud" to "Mirabaud Asset Management" in para 14) By Lucy Raitano LONDON, Dec 5 (Reuters) - Investor anxiety about the surge in AI-related debt is playing out differently across investment grade and high yield bonds, according to new research from Goldman Sachs. There has been a surge in AI-linked

Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO

By Prakhar Srivastava Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront is targeting a valuation of up to $2.05 billion in its U.S. initial public offering, it said on Tuesday, becoming the latest to test a trend of strong investor appetite for fintech listings. The Palo Alto, California-based company plans to raise as much as $485 million by selling 34.6 million shares,

Invest $20,000 in 2 TSX Stocks for $839 In Passive Income

These TSX stocks maintain sustainable payout ratios, indicating they have the potential to generate worry-free passive income for years. The post Invest $20,000 in 2 TSX Stocks for $839 In Passive Income appeared first on The Motley Fool Canada.

What are Europeans giving up for their mortgage payments?

Many Europeans are taking on hefty mortgages to cover housing costs. For some, such loans require cutting back on daily purchases — but what gets trimmed first? View on euronews