Finance

Tariff revenue fails to curb US deficit as July spending hits record highs

Even with customs revenue quadrupling under new tariffs, record-high spending on benefits, healthcare and debt interest drove the largest monthly deficit in US history. View on euronews

13 Life Changes That Lead to Better Financial Choices

Canadian dollar hits a six-day low ahead of pivotal US inflation data

By Fergal Smith TORONTO (Reuters) -The Canadian dollar weakened to a six-day low against its U.S. counterpart on Monday, as the greenback notched broad-based gains ahead of a key U.S. inflation report this week and after speculators raised their bearish bets on the loonie to a two-month high. The loonie was trading 0.2% lower at 1.3784 per U.S. dollar, or 72.55 U.S. cents, after touching its

How to Generate Serious Passive Income Starting With Just $21,000

Here's one investment I'd check out if you want more income without having to pursue payouts that are not well-covered and at high risk of a reduction. The post How to Generate Serious Passive Income Starting With Just $21,000 appeared first on The Motley Fool Canada.

Non-profit says pay hike for Canadian Armed Forces members ‘long overdue'

Prime Minister Mark Carney has announced a $2-billion-per-year graduated series of salary top-ups and incentives for members of the Canadian military. Debbie Lowther, CEO of VETS Canada, spoke with the CBC's Tom Murphy about how it will affect both serving and retired members.

Robert Kiyosaki cringes paying $14 for sandwich, warns of ‘major stock market crash' — here's what you can do

Prices ‘are about to explode’ on these assets, the author predicts.

University: How to budget and manage your money as a student

University: How to budget and manage your money as a student - Learning to budget and knowing what awaits you with tuition fees are key skills to learn

The Trump family has raked in an astonishing $3.4 billion over his two presidencies, new report claims

The Trump family has raked in an astonishing $3.4 billion over his two presidencies, new report claims - President Donald Trump and his family made an estimated $2.37 billion from cryptocurrency alone, the report claims

Canada's Manulife posts higher quarterly profit on Asia unit strength (Aug 6)

(Corrects August 6 story to say Asia business performance was driven by continued business growth and other factors, not higher sales volumes in Hong Kong in paragraph 4; corrects currency in paragraph 3 to U.S. dollars, not Canadian dollars) (Reuters) -Manulife Financial reported higher second-quarter profit on Wednesday, driven by strong performance in its Asia unit that boosted the Canadian

How I Manage My Money: Designer, on £3k, who doesn’t save into a pension

Emily Newport said she has often had to rely on her husband financially but hopes to earn a more stable income in the future

How could Rachel Reeves change inheritance tax - and what would it mean for you?

The Chancellor is eyeing changes to the amount people can gift to family during their lifetimes, which impacts how much inheritance tax they pay.

@ the Bell: Dip buying and earnings drive market gains

Canada’s main stock index hit a new all-time high on Wednesday, driven by dip-buying activity following Friday’s decline and ongoing evaluations of corporate earnings. The tech segment was by far the top gaining sector on the TSX while a large wave of losses among the energy, industrials, health care, and mining markets capped growth. US equities a...

I’m told I can start claiming my late husband's pension monthly or in a lump sum — What do I do?

How to make the right decision when emotions are high

How to teach kids money skills for a brighter future

Children develop money attitudes before age ten, here’s a breakdown of the advice you should be sharing.

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated.

Lloyds Bank introduces app to deposit cash in stores using a barcode

Lloyds Bank has launched a new 'barcode cash deposit' feature which will allow customers to deposit cash at over 30,000 PayPoint locations around the country.

Interest rate hopes send Footsie to new high as traders shrug off fears about Trump's India tariffs

The index closed up 0.2%, or 21.58 points, at 9,164.31 after a similar record-breaking session on Tuesday when it passed 9142.

Michigan jury awards nearly $60M to man who said his rights were violated by prosecutor

DETROIT (AP) — A jury awarded nearly $60 million Tuesday to a man who accused a disgraced Michigan prosecutor and a police officer of violating his rights in filing sexual abuse charges in a case that was ultimately dismissed by the state attorney general.

DBS sees rising demand for yuan settlements from Chinese exporters

By Rae Wee and Yantoultra Ngui SINGAPORE (Reuters) -DBS Group, Southeast Asia's largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi (RMB), or yuan, particularly with counterparts in Latin America and the Middle East, a senior executive said. "Right now, you see the Chinese exporters, some are beginning to ask and say, I'm going to sell in RMB,

TFSA: 2 Income Stocks That Pay Monthly Cash

The healthcare sector is one of the best places to invest, especially for long-term dividends. The post TFSA: 2 Income Stocks That Pay Monthly Cash appeared first on The Motley Fool Canada.

Want a mortgage? Martin Lewis reveals the 3 things that matter most

Average Canadian annual income by age revealed – see how you compare

Mortgage rates remain a 'barrier' to buyers, Persimmon says

Persimmon has flagged ongoing 'affordability constraints' across the property market, as falling mortgage rates fail to lift demand significantly.

Don Jr says his family got into crypto after banks refused to do business after Jan 6 ‘nonsense’

Don Jr says his family got into crypto after banks refused to do business after Jan 6 ‘nonsense’ - Don Jr. said his family was debanked following the Jan. 6 attacks on the U.S. Capitol.

The 20 Wealthiest Figures Throughout History

Throughout the ages, wealth has taken many forms and shaped the destinies of kingdoms and empires alike. Behind every great fortune lies not just numbers or treasures, but stories of power and strategy. As we journey through time, we’ll uncover how a select few amassed fortunes so vast they altered the course of history by leaving legacies that still echo today. What follows is more than a list—it’s a look into how money moved the world through the hands of the few.

@ the Bell: Markets rise on softer inflation data

Canada’s main stock index climbed on Tuesday, buoyed by mild US inflation data that strengthened expectations for a potential interest rate cut by the Federal Reserve in September. The mining sector was the top gainer for the TSX, followed by financial stocks, with utilities left as the lone decliner. . US markets also saw gains, as investors welco...

@ the Bell: Tariffs bite Canada, NASDAQ gains

Canada’s main stock index declined on Thursday, even as strong corporate earnings helped lift investor sentiment. Traders were also assessing the effects of newly implemented US tariffs. President Donald Trump’s increased tariff rates took effect, with Canada now subject to a 35 per cent tariff after failing to finalize a trade deal before the dead...

Prediction: Buying Brookfield Stock Today Could Set You Up for Life

Brookfield Corp (TSX:BN) has all the signs of a generational compounder. The post Prediction: Buying Brookfield Stock Today Could Set You Up for Life appeared first on The Motley Fool Canada.

5.4% Monthly Canadian Cash Flow! This Dividend Stock Is My Personal ATM

Northland Power offers nice monthly income and could work as a satellite holding and a personal ATM to help pay the bills. The post 5.4% Monthly Canadian Cash Flow! This Dividend Stock Is My Personal ATM appeared first on The Motley Fool Canada.

Despite economic uncertainty, Canadian homeowners remain confident in their budget

Anticipating higher interest rates, many Canadians are tightening their wallets to prepare

BoC holds rates in July: 10 ways to protect your mortgage

Rates held steady in July — and for mortgage holders, the wait continues

A Week In Brooklyn On A $140,000 Joint Income

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.Today: a statistical programmer who has a $140,000 joint income and who spends some of her money this week on a bench from Facebook Marketplace (it was a bit of an ordeal, but it looks great!). Occupation: Statistical...

Here's the net worth you need to join Canada's 1% — and strategies to get there

Here's what portfolio dreams are made of.

The Real Cost of Paying Cash for a Car

Not all payment methods are created equal. This breakdown reveals how cash and finance stack up when it comes to cost, flexibility, and peace of mind.

US national debt reaches a record $37 trillion, the Treasury Department reports

WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers.

How to spot someone who’s actually rich (hint: it’s not what they wear)

3 Things to Know About Cineplex Stock Before You Buy

Cineplex stock may be trading at compelling levels, but here are three crucial facts to know before you pull the trigger. The post 3 Things to Know About Cineplex Stock Before You Buy appeared first on The Motley Fool Canada.

Crypto market hits record high after Trump order

Crypto market hits record high after Trump order - Bitcoin price teases all-time high as altcoins surge following ‘breakthrough’ moment for cryptocurrency

Why you need to act now if you have one of these top Isas

Savings rates on easy-access accounts and Isas have started to plummet following the Bank of England cutting the base rate.

1 Undervalued Canadian Dividend Stock to Buy Now and Hold for Years

This dividend stock isn't just undervalued. It offers ultra cash! The post 1 Undervalued Canadian Dividend Stock to Buy Now and Hold for Years appeared first on The Motley Fool Canada.

Financial market expects Bank of Canada interest rate to fall to 2.25% by year-end

The financial market believes the Bank of Canada will cut its policy rate to 2.25 per cent by the end of 2025 and then hold it there for all of 2026, according to a survey released by the central bank on Monday.

Mumbai – India’s Financial Powerhouse and Wealth Capital

This video showcases Mumbai, the economic engine of India and home to the country's largest financial institutions, stock exchanges, and corporate headquarters. Often called the financial capital, Mumbai drives growth across banking, entertainment, real estate, and global trade. With its dense skyline, bustling ports, and fast-paced life, Mumbai reflects both the scale and diversity of India’s wealth. Explore how this megacity combines tradition and innovation in shaping India’s economic future. #MumbaiCity #IndiaFinancialCapital #MumbaiEconomy #UrbanIndia #WealthiestCityIndia #IndianCities

Australia's Treasury Wine Estates posts 15.5% rise in annual profit

(Reuters) -Australia's Treasury Wine Estates reported a 15.5% rise in its annual underlying profit on Wednesday, reflecting strong performance in its luxury portfolio, particularly Penfolds. The country's biggest wine producer reported underlying net profit after tax of A$470.6 million ($307.21 million) for the year ended June 30, compared with A$407.5 million a year earlier. That missed the

Wheat Prices Rise as New Fencing is Installed and Autumn Sets In

Wheat prices are climbing, adding pressure and opportunity for farmers alike. On the farm, new fencing work is in progress to prepare for the coming months, while the change in season brings autumn colours and cooler days. This update shares the latest from the fields and the yard.

Overcoming the barriers to your savings goals

For many Canadians, making regular contributions toward savings goals, even small ones, helps build a sense of progress. But it’s not always easy. According to a recent Angus Reid survey, Canadians saving under $15,000 identified bank fees and low interest rates on savings accounts as two big barriers. One important step in overcoming these barriers […] The post Overcoming the barriers to your savings goals appeared first on For Your Life.

11 ways to make money online, fast

There are a gazillion and one ways to make money fast online — provided that you have the inside scoop on the latest apps and websites offering users rewards, savings, and best of all, cash

The 3 Things That Matter for Air Canada Now

Air Canada (TSX:AC) stock needs a catalyst. The post The 3 Things That Matter for Air Canada Now appeared first on The Motley Fool Canada.

World’s most indebted company, China Evergrande, delisted from Hong Kong stock exchange

The collapsed property giant central to China’s real estate crisis will be delisted in Hong Kong this month, highlighting the deepening turmoil in the debt-laden sector. View on euronews

Exclusive-SoftBank selects banks for US IPO of payments app PayPay, sources say

By Echo Wang and Miho Uranaka (Reuters) -SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter. The banks leading preparations for the listing are Goldman Sachs, JPMorgan Chase & Co, Mizuho Financial Group and Morgan Stanley, the sources said

Australia's Tyro Payments confirms takeover interest from separate parties

(Reuters) -Tyro Payments said on Wednesday it has received takeover approaches from multiple parties in recent months, moving to clarify speculation after its shares were halted on the Australian exchange in the prior session. The stock surged more than 10% before trading was paused on Tuesday, with the company later saying its shares would remain suspended pending a response to a price query.