Money

America owes trillions, here’s who holds the IOUs

Why millennials could become the wealthiest generation

Millennials are set to be worth trillions! According to a new report, those born between 1981 and 2000 will be the richest generation in history. But there's a catch! So, what is this windfall all about, and who exactly stands to benefit? Click through and spend some time crunching the numbers.

How to protect your family from the 'emergency' scam that cost one Montreal father $20,000

Modern impersonation tactics are evolving, but these simple communication rules can keep your savings safe

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.

$2,800 cash boost for Aussies in the federal budget but it's not coming until next year

Four major cost of living measures are set to put more cash in the pockets of Australians.

Borrowing costs soar as Starmer's future hangs in the balance - Markets live

Starmer's reset speech failed to convince MPs and the bond market. This afternoon, borrowing costs climbed again.

Record Q1: Specialty finance firm posts 21% net income jump

Premium finance is a highly predictable, steady-margin business. When an insurance buyer prefers not to pay an annual premium upfront, the finance company pays the insurer and collects installments from the policyholder, earning interest on the loan. The model generates reliable receivables and scales directly with premium volume. A company executing this model effectively across a national footprint, while expanding margins and driving...

Chip boosts interest rate on its easy-access smart cash ISA - but there's a catch

The savings and investing provider Chip has launched a boosted rate on its smart cash Isa. How does it compare with similar options from Plum and Trading 212?

US Treasury enlists banks to target Iranian money laundering schemes

The US Treasury has directed banks to intensify their monitoring of Iranian money laundering networks that enable funds from sanctioned oil. The move is part of the wider strategy to pressure Iran into a deal as negotiations stall. View on euronews

Alternative lender CMI Financial secures mortgage financing from UK asset manager

Alternative mortgage lender CMI Financial Group announced Monday it has secured a senior financing facility with Royal London Asset Management, one of the United Kingdom’s largest asset managers.

Minecraft, but your emeralds = your money

Minecraft, But Your Emeralds Your Money! #minecraft

Bitcoin and the rise of cryptocurrency in modern finance

The big-idea explorers at Aperture trace the rise of Bitcoin and cryptocurrency and their impact on modern finance.

What actually makes someone look like they have money?

This video explains why expensive clothing does not always appear high quality. It focuses on factors like fit, coordination, and presentation. These elements influence perception more than price alone. The difference becomes clear through comparison.

Money as a social construct and why it influences everything

The big-idea explorers at Aperture reveal money as a social construct and how it quietly influences nearly every aspect of life.

We face a huge capital gains tax bill on a £60K holding because a fund is closing, what can we do?

We now have to withdraw our shares when the value is reduced, and will be liable for a fairly substantial CGT bill, through no fault of our own.

Experts explain how to help your adult children with money

Experts explain how to help your adult children with money without harming your finances - Experts on how to help your children with big expenses - without bankrupting yourself

Cousin Jay from NELK on money

Cousin Jay from NELK on money

How much money do you really need to retire?

A financial planner on crunching the scary numbers—and the emotional weight of money talk.

I am 51 with £130k in a pension. Can my £100k salary help me retire early?

Barrick reports US$1.6B first-quarter profit, up from US$474M a year earlier

TORONTO — Barrick Mining Corp. reported its first-quarter profit more than tripled compared with a year ago, helped by soaring gold prices.

1 in 3 Canadians carrying credit card debt as rising costs squeeze budgets

The findings come as broader financial pressures push more households to adjust spending and rely on borrowing

George Weston reports $106M first-quarter profit up from $83M year ago

TORONTO — George Weston Ltd. reported its first-quarter profit rose compared with year ago, helped by strength across its businesses.

I deposited $9,900 in cash and the teller looked at me strangely. Did I accidentally do something wrong?

You go into your bank to deposit money, which happens to add up to $9,900. But instead of a run-of-the-mill interaction, the second you say "$9,900," the cashier gives you a strange look, then starts asking a bunch of questions. Well don't worry: It's not you, it's the bank, and there's an explanation.

Dollar higher after inflation data, Iran ceasefire eyed

By Chuck Mikolajczak New York, May 12 (Reuters) - The U.S. dollar advanced for a second straight session on Tuesday, after U.S. economic data showed inflation accelerated at a brisk pace, while uncertainty over the durability of a ceasefire in the Iran war also boosted the safe-haven greenback. The Labor Department said the Consumer Price Index (CPI) increased 0.6% last month, matching the

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US

WASHINGTON (AP) — U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans.

Inside Arnold Schwarzenegger's $1.2 billion fortune and his family's wealth

As Arnold Schwarzenegger becomes the second actor to reach billionaire status, find out how he and his five children make and spend their millions.

Canadian dollar hits four-week low as risk aversion increases

By Fergal Smith TORONTO, May 12 (Reuters) - The Canadian dollar weakened to a near four-week low against its U.S. counterpart on Tuesday as investors grew more risk averse and U.S. inflation data boosted the greenback. The loonie was trading 0.3% lower at 1.3712 per U.S. dollar, or 72.93 U.S. cents, after touching its weakest intraday level since April 16 at 1.3724. "The loonie is showing mild

A lottery winner got $16 million - then went $500,000 in debt in 3 months

Winning the lottery sounds like the ultimate escape, but the money can create problems just as fast as it solves them. Experts often advise winners to hire lawyers, avoid scams, protect themselves from harassment, and make careful decisions about spending, debt, taxes, and whether to take a lump sum or annual payments. The transcript highlights one winner who received $16.2 million, then fell $500,000 into debt within just three months. The real lesson is harsh: a jackpot can change your bank account overnight, but it cannot replace discipline, patience, or financial judgment.

How Warren Buffett’s simple buy-and-hold real estate approach offers a lesson for Canadian homeowners and long-term investors

The big-name billionaire's mindset has shaped his entire investing philosophy

Nearly half of Canadians want to start a business in 2026 — but many don’t know where to begin

A gap exists between ambition and action

2 Canadian stocks that could win if rates stay put

If rates stay put, these two TSX stocks could look more attractive as investors favour predictable planning and cash-flow-backed growth. The post 2 Canadian Stocks That Could Win if Rates Stay Put appeared first on The Motley Fool Canada.

Financial independence, retire early: The math behind the viral money movement

The dream is seductive: retire in your thirties, ditch the commute, and spend your days on your own terms.

How the US.-Israel war against Iran is exposing the limits of the petrodollar system

For the first time since the Second World War, excluding the COVID-19 pandemic, public debt in the United States has surpassed the entire economy’s GDP. As of late March, debt held by the public reached US$31.27 trillion, just ahead of the GDP of US$31.22 trillion. This threshold is often treated as a long-term fiscal issue, but the economic costs of this debt are now moving to the forefront. The most immediate pressure comes from the...

Swedish private equity launches fourth and 'final' bid for Intertek worth £10.6bn

Private equity suitors have tabled a fourth and 'final' offer for Intertek as the London-listed product testing firm comes under pressure from shareholders to enter talks.

10 mindset mistakes that are sabotaging your finances without you realizing it

Certain long-held misconceptions directly influence our financial habits without us even realizing it. Behind beliefs that seem harmless lie real obstacles: they prevent us from saving, planning for the future, investing, or even managing our budget with peace of mind. These little phrases we repeat without thinking end up shaping our choices… and often in the wrong direction. To regain control and protect your plans, it’s essential to identify...

Former Zelensky aide suspected of money laundering

Ukrainian anti-corruption authorities have uncovered an alleged money-laundering scheme involving the former head of the presidential office, Andriy Yermak. The National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) said on Monday that an organized group had allegedly laundered the equivalent...

The 'odd jobs economy' is growing as British Columbians look for extra income

3 in 5 people in the province either already earn money from their skills or would consider doing so

Fervo Energy eyes $7.4 billion valuation in upsized US IPO

May 11 (Reuters) - Geothermal power developer Fervo Energy said on Monday it was targeting up to a $7.37 billion valuation in its U.S. upsized initial public offering, underscoring strong investor interest for the listing. The Houston, Texas-based geothermal company is now seeking up to $1.82 billion in its IPO by offering 70 million shares priced between $25 and $26 apiece. It was earlier

4 things Canadians should stop overspending on if they want to build wealth faster and reduce financial stress

In fact, financial security isn’t hinged upon being “well-paid"

Feds, Nova Scotia invest $13.8M to support workers, employers impacted by tariffs

At a press conference in Dartmouth, N.S., on Tuesday, Justice Minister Sean Fraser announced a joint $13.8 million investment from the federal and provincial government to go towards workers and employers in Nova Scotia affected by tariffs and global market shifts over the next three years.

This $150 stock could be your ticket to millionaire status

Shopify stock offers a growth-first approach that could help prospective investors move closer to achieving millionaire status. The post This $150 Stock Could Be Your Ticket to Millionaire Status appeared first on The Motley Fool Canada.

OpenAI, Microsoft agree to cap revenue-sharing at $38 billion, The Information reports

May 11 (Reuters) - OpenAI and Microsoft agreed to cap total revenue-sharing payments at $38 billion, U.S. digital news outlet The Information reported on Monday, citing a person with knowledge of the arrangement. The development comes as OpenAI and Microsoft renegotiated a contract last month, making room for OpenAI to forge new partnerships with companies such as Amazon and Google. The payment

Canadians: Here’s how much you need in your TFSA to retire

Most Canadians need roughly $1 million in their TFSA to retire comfortably. Here's the math and one ETF that can help you get there. The post Canadians: Here’s How Much You Need in Your TFSA to Retire appeared first on The Motley Fool Canada.

Money happens: Expert tips for managing medical debt

NEW YORK (AP) — In 2020, Jennifer Vall’s son was diagnosed with leukemia. A year later, she found out she had thyroid cancer. While Vall was debt-free and had a great credit score, medical bills kept adding up, leaving her with thousands of dollars in debt.

Scottish Mortgage values SpaceX stake at £3bn ahead of blockbuster float

Scottish Mortgage has said its holding in SpaceX is worth nearly £3bn ahead of the highly anticipated IPO this summer.

Do you receive a fair salary? Pay worries divide Europeans

People in Southern Europe report higher concern about receiving a fair salary based on their skills and experience while workers in the Nordic countries are less concerned. View on euronews

A case of love and money

A factual look at a criminal case where personal relationships and financial motives became central to a tragic chain of events.

Analysis-US credit markets defy war risks as cash drives rally

By Gertrude Chavez-Dreyfuss NEW YORK, May 12 (Reuters) - U.S. corporate bond markets are on a roll, with investment-grade credit spreads tightening, issuance rising and solid-looking economic fundamentals encouraging investors to put their cash to work. Even as the war in Iran has pushed oil prices above $100 a barrel, the risk-taking that has pushed U.S. stock indexes to records and credit

10 sources of emergency cash, ranked from best to worst

What if unanticipated expenses exceed your emergency reserves? You have options, and I’ve ranked them from most palatable to least.

The highest paying jobs in the world, ranked

In the world today, some jobs have absolutely incredible salaries. Determined by supply and demand as well as the level of expertise, industry trends, geographical location, and company size, these jobs are sure to impress. In this list, you'll find the top-paying jobs as well as information about each. If you're looking to make a career move, be sure to pay attention and take notes! Curious to see which career is paying the highest? Click through now to find out.