Freeland meets provincial and territorial finance ministers in Toronto

Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting Friday with the provincial and territorial finance ministers in Toronto to discuss issues including the current economic environment and the transition to a clean economy. The meeting will focus on the economic situation both domestically and globally, according to a federal source ... Read More

5 Types of People You Should Never Take Financial Advice From

All types of people love to give advice. Some advisors may be professionals who watch the market on a regular basis. They may have a background in business and finance or be certified or licensed as financial planners. But there are also people who may want to give you advice with no financial background and/or ... Read More

Nasdaq jumps 2.7% as tech leads Friday inventory rally

US shares rallied on Friday, closing out the week on an upbeat be aware, led by robust positive factors within the tech sector. The S&P 500 (^GSPC) completed Friday up 1.9%, although it nonetheless closed the week down 0.7%. The Dow Jones Industrial Common (^DJI) elevated 1.0% on Friday. The technology-heavy Nasdaq Composite (^IXIC) closed ... Read More

Ontario woman, 39, moved 3,400 kilometers to northern BC for a government job and bought two houses: ‘It was a huge move’

Open this photo in gallery: photo illustration by the globe and mail/iStockPhoto / Getty Images Name, age: Sarah, 39 annual income: $48,000 salary plus $28,800 from rental income Debt: $164,199 in mortgages; $5,600 on credit card Savings: $1,500 in savings accounts; $37,690 in TFSAs; $40,400 in RRSP What she says: civil servants Where she lives: ... Read More

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

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

Depositors yank another $126 billion from US banks

Depositors drained another $126 billion from US banks during the week ending March 22, according to new Federal Reserve data. This time the outflow came from the nation’s largest institutions. The biggest 25 banks lost $90 billion on a seasonally adjusted basis, according to the Fed. The smaller banks, which suffered massive withdrawals the previous ... Read More

Stocks soar after First Republic gets $30 billion injection

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

What the end of the ‘Great Moderation Era’ means for investors

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe Thursday, March 2, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market ... Read More

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

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