Money

Canadian dollar holds on to weekly gain as US inflation cools

By Fergal Smith TORONTO, Feb 13 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday in choppy trading, but the currency held on to much of its weekly gain as signs of slowing U.S. inflation helped calm investor nerves. The loonie was trading 0.1% lower at 1.3620 per U.S. dollar, or 73.42 U.S. cents, after moving in a range of 1.3594 to 1.3637. For the week, the

I can’t afford to go skiing and it’s holding my social life back

Lottie, a 29-year-old from Walthamstow, is the lowest earner in her friendship group — and it’s starting to impact her social life. While the graduate is comfortable enough to enjoy the odd meal out, she can’t keep up with her university pals, who’ve all gone into high-salary City jobs. In this week’s Money Problem, Metro’s consumer champion Sarah ...

Why the Canadian finance minister is taking an interest in the euro

François-Philippe Champagne was the special guest at Monday’s meeting of euro area finance ministers in Brussels – the first time a Canadian representative had been invited to this restricted format, from which non-euro area ministers are normally excluded. View on euronews

A Canadian dividend stock I’d hold through anything

Tariff headlines can come and go, but a power producer with long contracts can keep paying you through the noise. The post A Canadian Dividend Stock I’d Hold Through Anything appeared first on The Motley Fool Canada.

Australian lender Westpac's first-quarter profit rises on loan, deposit growth

Feb 13 (Reuters) - Australia's Westpac Banking Corp said on Friday its first-quarter underlying net profit rose 6% versus the average of the previous two quarters, driven by solid growth across customer deposits and loans. The country's third-largest lender by market capitalisation reported unaudited net profit of A$1.9 billion ($1.35 billion) for the three months ended December 31. Lenders in

How the AI gold rush turned into a $1.8 trillion trap

Everyone keeps asking whether AI is a bubble. That’s the wrong question. What’s forming looks more like a black hole — money goes in, but it never comes back out. Trillions are being poured into chips, data centers, and power infrastructure that can’t be easily sold or shut down. And if demand slows, the losses won’t explode overnight — they’ll disappear quietly.

BNY clients hedge dollar exposure by most since 2023, bank says

By Yoruk Bahceli LONDON, Feb 13 (Reuters) - Clients of BNY, one of the world's biggest custodians, are hedging their exposure to the dollar by the most in over two years, a senior strategist told Reuters on Friday, reflecting an increase in investor caution towards the U.S. currency this year. The clients are putting on U.S. dollar hedges almost 20% larger than they would need to if they only

That's influence! Social media stars help fuel spike in under-30s who made at least £1m last year

A record 1,000 taxpayers aged 30 or under earned at least £1million last year - an increase of 11 per cent from the year before - as youngsters turn to lucrative careers as influencers.

Nobody could reach this dollar bill - until he showed up

We hung cash from a high bar at the skatepark - $1, $5, $10, $20, $50, and even a $100 bill - and gave everyone just one standing jump to grab whatever they could reach. Some played it safe, taking the easy money, while others gambled for more and walked away with nothing. The wind added chaos, pride got in the way, and a few brave jumpers even risked double or nothing for the bigger prize. By the end of the day, plenty of cash changed hands - but the $100 bill stayed just out of reach.

Here’s how much you need to earn to be considered middle class in every US state

In the news today: Carney defence strategy, Tumbler Ridge, Ottawa called to help Cuba

Here is a roundup of stories from The Canadian Press designed to bring you up to speed...

Money-smart habits that keep life calm and secure

Individuals who are not concerned about money often do not depend on luck or some unexpected … Money-Smart Habits That Keep Life Calm and SecureRead more

I became a father, then started opening dozens of bank accounts

I never overspend, I never panic about bills or feel guilty for treating myself and my family.

Inside the auction for the most valuable IRS-seized assets

A buyer steps into a rare federal auction featuring some of the most expensive assets ever seized for unpaid taxes and financial crimes. From luxury goods to high-value collectibles, each item carries a complicated backstory tied to enforcement actions. The bidding process reveals how confiscated wealth reenters the public market through tightly regulated sales. However, the true scale and value of what’s on offer quickly becomes clear as prices climb. The purchase raises larger questions about accountability, excess, and what happens after federal authorities step in.

Trump boasts of over $1.5B in political funds. How he chooses to spend it could rock the midterms

WASHINGTON (AP) — President Donald Trump has bragged about building a political war chest exceeding $1.5 billion — a staggering sum that he can wield at his whim to shape November’s midterms and the 2028 race to succeed him.

Berkshire-owned PacifiCorp, citing liquidity, sells Washington assets to Portland General Electric for $1.9 billion

By Jonathan Stempel and Katha Kalia Feb 17 (Reuters) - PacifiCorp, a utility owned by Berkshire Hathaway, is selling wind, natural gas generation and distribution assets and infrastructure in central and southern Washington state to Portland General Electric for $1.9 billion, citing liquidity concerns as it battles wildfire litigation in Oregon. The transaction announced on Tuesday includes the

Elevate Prize winners gain more than $300K in funding. They learn to better tell their own stories

Elevate Prize winners gain more than $300K in funding. They learn to better tell their own stories - The Elevate Prize Foundation named its 10 winners for 2026 on Tuesday, including Monica Ramirez of Justice for Migrant Women and Mara Fleishman of the Chef Ann Foundation

This stock could thrive if rates stay higher longer

goeasy is a “higher-for-longer” dividend idea because it can reprice new loans, but the real risk is a credit spike. The post This Stock Could Thrive if Rates Stay Higher Longer appeared first on The Motley Fool Canada.

Food inflation spiked 7.3% in January. Here's what's driving the increase

OTTAWA — Statistics Canada reported an easing in the headline inflation rate Tuesday but a jump in the pace of food inflation amid tax changes and lingering pressures at the grocery store continue to put the squeeze on consumers.

How China’s currency moves could hurt the US economy

From exports to the value of the dollar, China’s currency moves have consequences for the US. Learn why this matters now.

The average 50-something American is now worth $1.4 million

People find it hard to believe that most Americans who reach their 50s have achieved millionaire … The average 50-something American is now worth $1.4 millionRead more

Your money isn’t yours - The hidden powers controlling finances

“The secret rulers of cash” are not who you think. A small group of institutions and individuals has enormous influence over global finances. In this video, we break down the hidden powers controlling our money, including central banks, investment firms, and political influence. Watch to understand who is really in charge and how it affects your life.

Fairfax funding US$1.65-billion deal to take US property firm private

TORONTO — Fairfax Financial Holdings Ltd. says it's providing up to US$1.65 billion in funding as part of a consortium taking a U.S.-based real estate investment company private.

Canadians aged 55+ need to be prepared as mortgage options narrow

Reverse mortgages can fill the gap for those who no longer qualify for a conventional mortgage

Gen Z are investing in the market because they can’t afford homes

Gen Z are investing in the market because they can’t afford homes - George Eckerd, research director at the JPMorgan Chase Institute, said a strong stock market and apps that make trading accessible have contributed to the trend among under 40s

What falling interest rates mean for Canadian investors

Here's how the current trend of interest rate cuts and pauses could affect some ETFs. The post What Falling Interest Rates Mean for Canadian Investors appeared first on The Motley Fool Canada.

Revealed: How many of us have less than €1k in savings or none at all

A new survey has revealed the stark reality of Irish people’s savings, with a jarring number having less than €1000 tucked away. Nearly a third of people have less than €1,000 in savings – while one in nine (11%) have no savings at all, new research shows. However, more than half – 58% – of […]

Love and money: Why financial intimacy is top of mind for Canadian couples this Valentine’s Day

New research from Wise shows that while money conversations are becoming more common, they’re far from easy

Canada's Sarault has earned $55K for her 3 medals so far. If she were Italian, it would be nearly 7 times that

The money for medals doesn't come from taxpayers. It comes out of the Canadian Olympic Committee’s Excellence Fund, which funnels corporate sponsorship dollars to our most successful high-performance athletes.

3 ways student loans could change – and what it would mean for repayments

Trading platform eToro beats profit estimates on robust market activity

By Prakhar Srivastava Feb 17 (Reuters) - Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday as strong capital market activity drove up trading income. U.S. equities had an upbeat quarter as interest-rate cuts supported investor confidence, although volatility in crypto prompted some market participants to be cautious. Bitcoin saw its biggest monthly drop

Practical income streams that support long-term financial stability

One source of income will hardly suffice to establish financial security. Life is dynamic, markets are … Practical Income Streams That Support Long-Term Financial StabilityRead more

How central banks create money and control the economy

From paper bills to digital currency, we break down how money is created and what it means for our economy.

I just got laid off and our household income is now under $100K. How do I cover my daughter’s $33K tuition without raiding my retirement?

It can be tempting to dip into other savings accounts, but you don't have to

There’s nothing wrong with wanting a guy who has money

Even before we start, we know what you’re thinking: some women only want men for their bank accounts. We get the sentiment. Money has a funny way of showing up in conversations about love, even when people insist it doesn’t matter. You’ve probably heard the jokes about “gold diggers,” the eye-rolls about “providers,” and the smug claims that romance should be pure and uncomplicated. But the question keeps resurfacing.

Warren Buffett’s blunt warning: Stop paying fancy fees — this simple move can keep thousands in your pocket

Warren Buffett uses simple investing techniques to beat the returns of most hedge fund and portfolio managers

How to make bank by reselling what the government loses money on #sidehustle #sidehustleideas

Investors pour billions into ETFs — but their retirement returns are being eroded by these 3 big mistakes. Are you making them, too?

As investors pour money into ETFs, more are coming to market

How to help adult children financially without harming your future

How to help adult children financially without harming your future - Experts on how to help your children with big expenses - without bankrupting yourself

Every business is scalable

Four finance office fees you should never pay

The finance office is full of add‑ons designed to boost profit. These four charges are the ones you should always decline to keep your costs under control.

Smart money moves Americans are using to cut monthly costs

Increased prices have made it possible for many households to reconsider their approach to the management … Smart Money Moves Americans Are Using to Cut Monthly CostsRead more

Minecraft, but your color = your money

#minecraft #minecraftbut #minecraftchallenge Minecraft, But Your Color = Your Money

You may be far wealthier in retirement than you think if you’re this type of retiree. How to maximize your money in 2026

It's time to rethink how your money is invested and drawn out

How did Bitcoin get so valuable?

From a few cents to tens of thousands of dollars, Bitcoin’s rise has been incredible. What caused it to gain so much value, and why are investors so fascinated? We explore the economic, technological, and cultural factors behind Bitcoin’s unprecedented growth.

I save $1,100 a month. At this rate, I’ll retire with $312,000. Not enough

Putting away $1,100 every month feels like a solid achievement, and it should be. That’s $13,200 a year going straight into your retirement fund while many Canadians struggle to save anything at all. But when you run the numbers over a typical working career, the math tells a sobering story. Even with decades of disciplined ... Read more The post I save $1,100 a month. At this rate, I’ll retire with $312,000. Not enough appeared first on Travel...

Uzbekistan’s reserves climb to $75bn, gold dominates at 85%

Foreign reserves are well above IMF adequacy benchmarks, enough for 17 months of imports and four times short-term external debt. Authorities are keeping a gold-heavy mix while slowly adding US Treasuries and foreign deposits. View on euronews

Budget update: New Brunswick finances worsen with province projecting a $1.3-billion deficit

FREDERICTON — New Brunswick’s finance minister revealed Tuesday that the province is on track to post a record deficit of $1.3 billion, saying it will likely be several years before the budget lands back in the black.

Spending $1M just to look rich?

Paying $1 Million To Look Fake Rich?! You'll Never Guess What Happens Next!

This 5.5% dividend stock pays cash every month

This Canadian stock offers an attractive yield of over 5.5%, and has a proven track record of steady payouts year after year. The post This 5.5% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.