Money

Australian central bank reduces benchmark interest rate to 3.85% in second cut this year

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range.

Invest $25,000 in This Dividend Stock for $985.78 in Annual Passive Income

If you're looking for some passive income to come your way, don't sit around. Invest here instead. The post Invest $25,000 in This Dividend Stock for $985.78 in Annual Passive Income appeared first on The Motley Fool Canada.

At 23, here’s how I made £60k by investing during Trump’s stock market plunge

Australia's Macquarie reports FY profit rise, signals domestic upside

By Byron Kaye, Roshan Thomas and Himanshi Akhand SYDNEY (Reuters) -Top Australian investment bank Macquarie reported a rise in annual profit due to a well-timed asset sale, pushing its shares higher, and flagged a renewed focus on its home market as the policies of U.S. President Donald Trump upend the world order. Macquarie, which makes two-thirds of its profit abroad from businesses ranging

Europe gains traction amid doubts over US assets, global money managers say

By Iain Withers and Sinead Cruise LONDON (Reuters) -Asset managers at Goldman Sachs and JPMorgan are fielding more investor enquiries about the resilience of U.S. assets and helping clients move more money to Europe ahead of more potential trade-related market turmoil, executives said. The clock is ticking on President Donald Trump's 90-day pause on "reciprocal" tariffs that threaten to upend

I’d Double Down on These 2 TSX Dividend Stocks for Income Potential

If the market corrects, these are the kinds of dividend stocks I'd double down on. The post I’d Double Down on These 2 TSX Dividend Stocks for Income Potential appeared first on The Motley Fool Canada.

2 Canadian Energy Stocks to Buy and Hold for Lifelong Income

These two energy stocks have been upgraded by analysts, and it's clear why. The post 2 Canadian Energy Stocks to Buy and Hold for Lifelong Income appeared first on The Motley Fool Canada.

Pensions: How much you should save a month and when to start

It may sounds daunting, but saving into a pension early is a savvy move.

Top Canadian Stocks to Buy Now With $5,000

Investing in blue-chip Canadian stocks such as Dollarama should help you deliver outsized gains in 2025 and beyond. The post Top Canadian Stocks to Buy Now With $5,000 appeared first on The Motley Fool Canada.

The Smartest Mid-Cap Stocks to Buy With $2,800 Right Now

Check out these four mid-cap stocks that could provide substantial upside if you hold them for the next 10 years. The post The Smartest Mid-Cap Stocks to Buy With $2,800 Right Now appeared first on The Motley Fool Canada.

S&P/TSX composite closes up Tuesday, U.S. stock markets down

TORONTO — Canada's main stock index made gains Tuesday to close at another record high after a mixed inflation report, while U.S. markets ended down.

Quebec's new tipping and pricing rules: What consumers and businesses need to know

New rules aim to boost transparency and fairness in everyday purchases

Highlights of Ontario's 2025 budget: U.S. tariff measures, boost for alcohol market

TORONTO — The Ontario government tabled a budget Thursday that focused on investments it says will protect Ontario workers in the face of U.S. President Donald Trump's tariffs.

15 Unexpected Sources of Wealth for the World’s Richest

How to Invest $20,000 in Canadian Real Estate to Become Financially Independent

These real estate stocks are some of the top options for investors to consider, especially for income. The post How to Invest $20,000 in Canadian Real Estate to Become Financially Independent appeared first on The Motley Fool Canada.

Everything you can afford at different levels of wealth

The average UK salary before tax is £37,430, according to the Office for National Statistics. While such a wage can provide you with a comfortable life if you’re careful with your money (and you live outside of London), it’s pocket money compared to the wealthy elite. For the lucky few who have bank accounts bursting with zeros, life can be very di...

Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place

There are some pros and cons to having one bank versus multiple.

Where I’d Put $1,000 Right Now in 2 Top Canadian Growth Stocks

Let's get into growth, and why these two top Canadian stocks offer it up in spades. The post Where I’d Put $1,000 Right Now in 2 Top Canadian Growth Stocks appeared first on The Motley Fool Canada.

Japan's SoftBank Group books first annual profit in four years

TOKYO (Reuters) -Japan's SoftBank Group reported its first annual profit in four years on Tuesday, likely bringing relief to investors scarred by high-profile failures as the tech investor embarks on another series of mammoth investments. The Tokyo-based conglomerate reported 1.15 trillion yen ($7.78 billion) for the year ended March versus a loss of 227.6 billion yen a year earlier. The figure

Argentina's black market for dollars falters as currency controls are eased

By Leila Miller BUENOS AIRES (Reuters) - On the streets of downtown Buenos Aires, where years of tough currency controls fermented a thriving black market for dollars, an army of illegal money traders are finding times hard under the economic reforms of Argentine President Javier Milei. Milei tore down most currency controls last month, easing access for Argentines to official currency markets

How does a U.S.-dollar TFSA work?

If you have tax-free savings accounts in Canadian and U.S. dollars, here’s how to avoid overcontributing.

Here are 7 ‘bad assets’ that could cause you to retire poor in Canada — how many do you own?

Avoid being trapped by these money drains

The price of a cup of coffee in Canada and how it compares globally

Ever lamented the price of your morning coffee? See how much you would pay for a cup of your favourite brew in 35 selected nations around the world.

Here’s Why at 45, the Average Canadian TFSA and RRSP Isn’t Enough

Get it all with this energy stock that offers dividends now and major future growth. The post Here’s Why at 45, the Average Canadian TFSA and RRSP Isn’t Enough appeared first on The Motley Fool Canada.

‘Things feel a lot tighter now’: Young People are turning to ChatGPT for therapy and skipping ‘sober Ubers’ to save money — why cutting costs has become an urgent matter for Gen Z

Welcome to the era of frugal fashionistas.

G7 finance ministers to discuss global economy, Ukraine at Banff summit

BANFF — Top economic officials from the G7 were locked in a full day of closed-door discussions Wednesday to examine pressing topics, including the global economy and the war in Ukraine.

7 Money-Saving Tricks That Never Work

Cut the cost of things like shopping for groceries, buying in bulk and visiting the dentist by learning the money-saving tips that never work. The post 7 Money-Saving Tricks That Never Work appeared first on Reader's Digest Canada.

How I’d Secure $150 Monthly Dividends With a $25,000 Investment

Create sizeable passive income by investing in these two dividend stocks in your self-directed investment portfolio. The post How I’d Secure $150 Monthly Dividends With a $25,000 Investment appeared first on The Motley Fool Canada.

Where to Invest $8,700 in the TSX Today

These stocks still trade at discounted prices. The post Where to Invest $8,700 in the TSX Today appeared first on The Motley Fool Canada.

Canada vs. USA: Which Country Lets You Retire Richer on $1M?

The Psychology of Money

Why are finances also tied to our emotions?

Canadian lender RBC sets up new AI team for capital markets unit

By Nivedita Balu TORONTO (Reuters) -Royal Bank of Canada's capital markets wing has established a new artificial intelligence and digital innovation team as it bets on AI to boost future growth, the Canadian lender told Reuters on Wednesday. The team, with hubs in New York, Toronto and London, will report to newly appointed Chief Strategy and Innovation Officer Lindsay Patrick. RBC also

Couple making $300K/year is still $120K in debt

How high-income households slip into unnecessary debt

10 ways you can make an extra £500 by the summer

You could put the money towards a holiday, DIY project, or a savings account for a rainy day

Map reveals how much you need to earn in each UK region to be considered wealthy

Spoiler: It's a lot.

China's Baidu tops first-quarter revenue estimates aided by AI demand surge

(Reuters) -Search engine giant Baidu on Wednesday reported a surprise rise in first-quarter revenue fueled by increasing demand for its AI cloud services. Baidu offset losses in its advertising market by growing its AI Cloud segment, which provides cloud computing, AI-powered solutions, and services to enterprises, and drove revenue. U.S.-listed shares of Baidu rose more than 1.4% in premarket

What Affects Your Credit Score The Most

Your credit score is one of the most important numbers in your financial life, and understanding what most affects it can help you make better financial decisions.

Canadians are worried current market volatility will impact their future financial independence

Canadians estimated they’d need nearly $850K in investments to ensure an independent financial future

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

1 Stock to Buy Before the Summer Hits

Shopify (TSX:SHOP) stock stands out as a great long-term bet as the summer season hits. The post 1 Stock to Buy Before the Summer Hits appeared first on The Motley Fool Canada.

Poland secures $5.8 (CAD 8) billion deal for Patriot missile upgrade

The Polish government has placed an order for 788 PAC-2 GEM-T missiles for the Patriot systems, costing $5.8 (CAD 8) billion. This is part of ongoing efforts to modernize the country's air defense. What you need to know Poland has placed an order for 788 PAC-2 GEM-T missiles for the Patriot air defense systems, as recorded in the U.S. Congress diar...

TSX notches record high as investor exuberance grows

By Fergal Smith (Reuters) -Canada's main stock index rose to a record high on Thursday, helped by gains for industrial and financial shares, as recent de-escalation of the global trade war fueled investor excitement about the market's prospects. The Toronto Stock Exchange's S&P/TSX composite index ended up 205.03 points, or 0.8%, at 25,897.48, eclipsing the record closing high it posted on

The Smartest Income Stocks to Buy With $5,000 Right Now

Do you want to increase your dividend income? Check out these three smart Canadian income stocks for a long-term hold. The post The Smartest Income Stocks to Buy With $5,000 Right Now appeared first on The Motley Fool Canada.

Commerzbank posts strongest quarterly profit in over a decade

Commerzbank reported a stronger first-quarter performance on Friday, with profit rising despite a dip in net interest income, as the German lender stuck to its 2025 outlook. In the first quarter, consolidated net result increased 12% to €834 million ($936 million) from last year's €747 million. "We achieved the highest quarterly profit since 2011, ...

Why More People Are Choosing Solar—Does It Really Pay Off?

Why More People Are Choosing Solar—Does It Really Pay Off?

5 big things that disappear after you retire in Canada: Are you prepared?

Planning ahead is key to experiencing any financial shocks

Should my first home be an investment property?

Investing in a rental property could work out, but it isn’t for the faint of heart.

Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain

NEW YORK (AP) — Most U.S. stocks drifted higher in quiet trading Thursday following a jumble of mixedreports that offered little clarity on how the U.S. economy is managing through President Donald Trump’s trade war.

Here’s how much money you should have saved for retirement based on your age

Here’s how much money you should have saved for retirement based on your age - Saving for retirement can seem daunting, but getting started — the sooner the better — is always a good decision

The World’s Wealthiest Economies — And the Poorest

The World’s Wealthiest Economies — And the Poorest