financial news Archives

Not too late to make good on tax and financial resolutions – Winnipeg Free Press

07/08/2024 by Jerry

Yes, I realize that the third week of January is a little late for new year resolutions. But I think that’s good. Research has shown that resolutions, made with good intentions in the spur of the moment and often helped by distilled spirits, tend to go off the rails pretty quickly. Evidence is the thousands ... Read More

DeFi should complement TradFi, not attack it: Finance Redefined

22/07/2024 by Jerry

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the ... Read More

Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages

18/07/2023 by Jerry

(Bloomberg) — Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and further strain household budgets. The new special consumption taxes on different types of fuel — including gasoline and diesel — were published in the Official Gazette. The increase will help meet financing needs stemming from ... Read More

Recipe: Peggy’s Indian Cabbage | Diabetic Mediterranean Diet

21/05/2023 by Jerry

May 20, 2023 · 8:10 AM From Peggy at Buttoni’s Low-Carb Recipes: If you think you don’t like cabbage (like my husband) you have GOT to try this recipe! You’ll swear you don’t eat cabbage!! No cabbage odor or strong taste whatsoever to this dish! It is a delightfully crunchy side dish with grilled Tandoori ... Read More

The 10 Most Interesting People in Finance Right This Second

20/05/2023 by Jerry

Wealthsimple makes powerful financial tools to help you grow and manage your money. Learn more here at Wealthsimple Magazine, we usually unpack big macroeconomic stories to help readers understand what the heck is going on in markets and in business. And, partly as a result, we tend not to discuss specific people very often. We’re ... Read More

Exclusive: Zambia sent bondholders debt restructuring proposal, the finance ministry says

22/04/2023 by Jerry

WASHINGTON, April 14 (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the ministry of finance and national planning said on Friday. “We continue to engage actively with our bondholders and proposals are being exchanged,” the ministry told Reuters in a statement. The proposal ... Read More

Bloomberg unveils finance-focused AI model Bloomberg GPT

06/04/2023 by Jerry

SlateStone Wealth chief market strategist Kenny Polcari discusses when the Fed could cut rates and if it’s too early to invest in AI on ‘Varney & Co.’ Bloomberg, a leading financial data services provider, this week unveiled a new artificial intelligence (AI) model that aims to revolutionize the finance industry in the same way programs ... Read More

Don’t be fooled by these 9 common money myths, the finance gurus say

04/04/2023 by Jerry

Simpleimages | Moments | Getty Images It can be hard to separate financial facts from fiction. CNBC polled eight personal finance experts to help answer one question: What are the biggest money myths out there for consumers? Here are 9 of the top fallacies the financial gurus debunked. Myth #1: Giving up a daily coffee ... Read More

Stocks soar after First Republic gets $30 billion injection

16/03/2023 by Jerry

US stocks rallied on Thursday after a consortium of 11 of the biggest US banks banded together to inject $30 billion in capital into troubled bank First Republic (FRC) as the sector works to stave off a broader financial crisis in the wake of multiple bank failures since last Wednesday. At the closing bell, the ... Read More

Markets raise bets on BoC rate hike this summer, cuts in 2024

20/02/2023 by Jerry

Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable Investors are increasing their batches that the Bank of Canada will hike its key lending rate at least once more this summer and delay any cuts to next year in the wake of stronger-than-expected ... Read More