World

A look at what's in the $95 billion foreign aid package passed by Congress

A look at what's in the $95 billion package passed by the Senate on Tuesday that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza. President Joe Biden has promised to sign the package Wednesday. The broad spending breakdown: — About $61 billion for Ukraine and repl...

Oil rises as dollar slips, focus shifts to economic data

By Shariq Khan NEW YORK (Reuters) -Oil prices rose by more than $1 a barrel on Tuesday as the U.S. dollar index fell to its lowest level in more than a week and investors shifted their focus away from tensions in the Middle East to the state of global economies. Brent crude futures rose $1.42, or 1.6%, to settle at $88.42 a barrel and U.S. West Texas Intermediate crude futures climbed $1.46, or

Tesla expects to book over $350 million in costs for layoffs

(Reuters) -Tesla expects to book more than $350 million in costs in the second quarter for the mass layoffs it began last week, the automaker disclosed in a regulatory filing on Wednesday. The electric vehicle maker also reiterated that it expects capital expenditure to exceed $10 billion in 2024 and to be between $8 billion to $10 billion in each of the following years. The filing follows

Ontario government faces lawsuit over cancellation of basic income pilot

Members of a class action lawsuit against the Form government for its cancellation of the Ontario basic income pilot are seeking $200M in damages. Jaden Lee-Lincoln explains.

Yen tumbles as markets on alert for Japan action; dollar falls after data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen dropped to multi-year lows against the U.S. dollar and euro on Tuesday, keeping investors on heightened Japanese intervention watch ahead of this week's Bank of Japan policy meeting. The euro reached 165.71 yen, its highest since 2008, after data showed business activity in the euro zone expanded at its fastest pace in nearly a year,

Why few bank fraud complaints lead to compensation

Sarah Bradley, the ombudsman and CEO at Ombudsman for Banking Services and Investments, responds to a report that found only a quarter of banking complaints resulted in monetary compensation in 2023.

Borrell reveals EU plan to extract revenue from frozen Russian assets

The EU has devised a plan that will enable the extraction of extraordinary revenue from frozen Russian assets and allocate them to the needs of Ukraine, according to the head of EU diplomacy, Josep Borrell. He mentioned that in the EU, assets of the Central Bank of Russia were frozen after the start of the war in Ukraine. Now, these assets are mana...

No such thing as a free lunch ... or maybe a free day trip to Venice anymore, either

Mass tourism has placed such a strain on Venice that the city will be imposing a visitor's fee for 29 high-traffic days this year, starting April 25, to dissuade daytrippers and curb the growing number of tourists. Exemptions will apply to locals, commuters, people who pay property tax in Venice, visitors who stay overnight and those participating in sporting events, but some exemptions must be registered online. While this may only be a trial period, the results will be used to tweak the program with the goal of making it permanent.

Doctors ask Liberal government to reconsider capital gains tax change

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings. Kathleen Ross, the association's president, says many doctors incorporate their medical practices and invest for retirement inside their corporations. The prop...

TFSA Traps: Common Mistakes That Can Cost You Thousands

TFSA users are advised to avoid common mistakes and not pay unnecessary and costly tax penalties. The post TFSA Traps: Common Mistakes That Can Cost You Thousands appeared first on The Motley Fool Canada.

What it takes to keep a restaurant afloat in Vancouver

Restaurateur Haitham El Khatib of Aleph Eatery says he approaches his businesses like it's a tech company — from hiring practices to people management to using technology to better understand revenue and expenses.

How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000

Income-seeking Canadian investors can consider holding shares of REIT such as Dream Industrial to create a passive-income stream. The post How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000 appeared first on The Motley Fool Canada.

Mitt Romney doesn’t hold back when asked about Trump’s $130k payment to Stormy Daniels

Mitt Romney doesn’t hold back when asked about Trump’s $130k payment to Stormy Daniels - ‘As far as I know you don’t pay someone $130,000 not to have sex with you’

How to Earn $14,000 Per Year in Tax-Free Income and Maximize Your CPP Payout

The difference between the maximum and average CPP payout is $1,094/month. To collect the maximum CPP, you need an alternate source of income. The post How to Earn $14,000 Per Year in Tax-Free Income and Maximize Your CPP Payout appeared first on The Motley Fool Canada.

Average US annual salary by age revealed – see how you compare

How buying a car became more of a status symbol than owning property

Gen Z and Londoners are prioritising four wheels over their own four walls.

Money Matters: Dealing with Canada Revenue Agency debt

Blair Mantin of Sands & Associates discusses the common types of CRA debt and how to deal with them if you find yourself owing the government money.

What's cheaper, EV or gas? This scholar crunched the numbers

Where you live and how much you drive each day matters when it comes to the cost-effectiveness of an electric vehicle, compared to gas. to A new UBC study crunches the numbers.

Business Report: Taylor Swift breaks more records

Taylor Swift's new album continues to break records. Plus, a major automaker picks Ontario for electric vehicle production, and investors gear up for a big week on the markets. Business Editor Kris McCusker explains.

U.S House passes vote on $61B foreign aid package for Ukraine

After months of stalemates and dysfunction, the U.S House of Representatives votes in favor of sending $61B in foreign aid to Ukraine. Karling Donoghue with why some representatives are not pleased with the vote, and what this means for Ukraine.

Five Eyes countries working to fight critical minerals dumping, Canada minister says

By Divya Rajagopal TORONTO (Reuters) - Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals, Canada's Finance Minister Chrystia Freeland said on Tuesday. The U.S., Britain, Canada, Australia and New Zealand have what is called the Five Eyes intelligence sharing network and the finance ministers from these countries

The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund

If you are solely dependent on CPP for retirement, it is time rethink that. Consider building your pension fund before it is too late. The post The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund appeared first on The Motley Fool Canada.

‘Trying not to die’: Tourism operators face heavy debt, even as business roars back

Maureen Gordon has weathered hard times before. She and her husband began running ecotourism outfit Maple Leaf Adventures out of Vancouver about a month before the 9/11 terrorist attacks devastated international travel in 2001. The rebound was relatively quick. Fallout from COVID-19 has proven much more prolonged. “The pandemic of course was incred...

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

Tax filing is open: Here are the changes to know about in 2024

There are changes you need to know about as the 2023 tax season opens. Breanna Karstens-Smith looks at how you can save money or where you might lose money.

Annual home prices predicted to rise nearly 10% by end of year: Royal LePage

A realty firm is making a grim prediction about home prices in Canada, forecasting a big jump by the end of the year. Global's Nathaniel Dove explores why prices might go up.

Psychologist explained how to maintain passion in long-term relationships

At the beginning of a relationship, there is a passionate stage for every couple when you simply can't get enough of each other. However, with time, this fades, and many couples encounter a loss of interest. What can help maintain passion in relationships, according to psychologist Dmytro Ostapenko. How to keep passion alive in long-term relationsh...

Inside Mozambique's Capital City ($1.60 per month salary)

A deep dive into Mozambique's Capital City. My instagram: https://www.instagram.com/indigo.traveller/ My Patreon (a way to support these videos): https://www.patreon.com/indigotraveller 🎵 Where I found the music in this video, free 30 day trial: http://share.epidemicsound.com/indigotraveller My e-mail: [email protected] Thank you for watching.

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.

Premiers lash out at Trudeau over budget

This week’s federal budget has premiers lashing out at Prime Minister Justin Trudeau over a planned increase to capital gains taxes as well as what they say is overstepping on infrastructure and pharmacare.

Meet a 31-year old who makes $185K/month at 90% margin - the story of @CharlieChang

Meet Charlie Chang, who has been filming videos since he was 10 years old, and now he's building a business on YouTube with $185K/month in revenue at 90% margin. Charlie’s company that helps with hiring abroad - https://www.paired.so/marina In this video: 00:00 - Meet Charlie Chang 01:23 - How Charlie makes money on YouTube? 04:48 - Top 3 niches to make money on affiliate marketing 06:65 - Charlie's income sources 09:06 - How to hire people overseas and save money 11:32 - How he comes up with ideas and what is the thinking process? 14:12 - Different approaches to YouTube - which one is the best? 16:17 - "If I keep going, at some point it's gonna do well" 18:51 - How Charlie films his videos 21:42 - Why do A-list artists record 90 songs a month? 22:48 - How YouTubers work with brands? 23:41 - "Every business owner should have a media business behind the company" Top credit cards for free flights, hotels, and cash-back - https://www.cardonomics.com/i/marina 💰 INVESTMENT APPS & BOOKS: - Webull - https://a.webull.com/Tfjov8wp37ijU849f8 - Robinhood - https://join.robinhood.com/marinam241 - Interactive Brokers - https://ibkr.com/referral/marina592 ⭐ Download my English language workbook - https://bit.ly/3hH7xFm I use affiliate links whenever possible (if you purchase items listed above using my affiliate links, I will get a bonus) #marinamogilko #siliconvalleygirl #charliechang

How the €1 European house scheme actually works

Ready for a doer-upper?

Trudeau says Sask. families to get full rebate, even without paying carbon tax on home heating

Prime Minister Justin Trudeau told reporters in Saskatoon on Tuesday that Saskatchewan families would receive "unaffected" carbon tax rebates "despite the fact the Premier is not sending that money to Ottawa right now." The provincial government stopped collecting the carbon tax on home heating from residents after the federal government gave an exemption on home heating oil that largely helped Atlantic Canada.

Ukraine to receive new tranche from EU this week: Ukrainian Prime Minister reveals amount

This week, Ukraine expects to receive a €1.5 billion tranche from the European Union under the Ukraine Facility program, reported Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers. "The European Commission has supported the Ukraine Plan under the Ukraine Facility program. This week, we expect to receive 1.5 billio...

As a first-time homebuyer, how much money do you really need for closing costs?

Buying a home comes down to more than just the downpayment and the mortgage costs. Here's what to know about closing fees and and rebates available to first-time homebuyers.

Moving jobs this often helps you climb the career ladder and earn more money

In the news today: Ottawa adds $36 million to vaccine fund

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today... Ottawa adds $36M to vaccine injury fund The federal government is putting another $36 million toward a program to compensate people who were seriously injured or killed by vaccines. The new funding was announced as part of the fe...

RFK Jr wants to put US budget on blockchain

RFK Jr wants to put US budget on blockchain - The independent presidential candidate told supporters that such a system would allow US voters to know ‘if somebody is spending $16,000 for a toilet seat’

How and when to ask for a raise

Business coach and Edmonton AM workplace columnist Margot Ross Graham shares her tips for the most effective ways to talk to your manager about your salary.

Money Plant Indoor Table Decoration Ideas for Cleaning Indoor Air | Money plant Ideas//GREEN PLANTS

Money Plant Indoor Table Decoration Ideas for Cleaning Indoor Air | Money plant Ideas//GREEN PLANTS Money plant growing ideas and easy method to grow bunch of money plants using growing stick for indoor garden or outdoor. This video shows easier way to display plants table decoration and how to grow money plants at home and potting these long vine pothos from cuttings. Growing money plant at home Feng Shui believe brings positive energy and cleaning air and negativity in every home. #greenplants #moneyplant #moneyplantdecoration #indoorplants #gardeningideas

Rogers Communications reports Q1 profit down from year ago, revenue up

TORONTO — Rogers Communications Inc. reported a first-quarter profit of $256 million, down from $511 million a year ago, as it faced higher depreciation and amortization costs related to its acquisition of Shaw Communications and higher finance costs. The company says the profit amounted to 46 cents per diluted share for the quarter ended March 31,...

Average net worth of Americans by age — see how you compare

GM CEO Barra compensation fell 4% in 2023 to $27.8 million

By David Shepardson (Reuters) - General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S. automaker said Wednesday. The Detroit automaker also said GM President Mark Reuss' total compensation in 2023 rose to just under $18 million, up from $14.3 million, while Chief Financial Officer Paul Jacobson's compensation rose to $11.1 million last year, up from

US is preparing $1 billion arms package for Ukraine - Reuters

The United States is preparing its largest arms package for Ukraine yet, with preliminary data suggesting it will amount to $1 billion, Reuters informs. According to Reuters, the United States is preparing a $1 billion military assistance package for Ukraine, as reported by two American generals. It is expected that the aid package will include veh...

UK’s £75 billion defence boost in face of threats from Russia and China

Business News: Impact of capital gains tax changes

The Liberals tabled the federal budget this week, and among the major changes was to how capital gains are taxed. The tech sector are the latest to speak out against the proposal. Financial analyst Robert Levy talks about the impact it could have on Canadians.

Top 6 US industries where you can earn the most money

Here’s the Average Retirement Income for Canadians: How Do You Rate?

If you're worried about how much you'll earn in retirement, increase your income by investing in an ETF like this one. The post Here’s the Average Retirement Income for Canadians: How Do You Rate? appeared first on The Motley Fool Canada.

How to Build the Best Passive-Income Portfolio With Just $15,000

When it comes to creating passive income, don't narrow your focus to just dividend income -- especially if you're looking for long-term gains! The post How to Build the Best Passive-Income Portfolio With Just $15,000 appeared first on The Motley Fool Canada.

Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average

New condo sales tumbled 71 per cent below the 10-year average in the first quarter of this year according to analysis by Urbanation. Anne Gaviola has more on what’s happening in Business Matters for Monday, April 22, 2024.