Finance

Elon Musk hints new users will be charged for posting on X

Big gas price spike coming

As stockpiles of winter gas are depleted, expect to feel some pain at the pump with a large double-digit spike expected overnight. David Zura explains.

Gun supervisor for Alec Baldwin ‘Rust’ movie gets 18 months in prison

Movie armorer Hannah Gutierrez-Reed was sentenced to 18 months in prison in the fatal shooting of a cinematographer by Alec Baldwin on the set of the Western film “Rust,” at a sentencing hearing Monday in a New Mexico state court. (April 15)

US aid to Ukraine: Date of vote in Congress is set, what it means

The House of Representatives in the USA could approve funding for assistance to Ukraine as part of Speaker Mike Johnson's initiative as early as this week. However, this is not the only issue that congressmen will be considering. RBC-Ukraine explains when and what the House of Representatives will be voting on. The material was prepared using state...

Winnipegger denied flight refund even though he bought cancellation insurance

Allianz Global Assistance says disaster at a pre-booked accommodation is not a covered reason under the policy.

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

Live Nation could face lawsuit from U.S. Justice Department

The U.S. Justice Department will reportedly file an anti-trust lawsuit against entertainment giant, Live Nation. Erica Natividad with the details and how the outcome could impact Canada.

Rise & fall of the bargain-priced roadster

Going topless used to be cheap and often cheerful. We trace the history of the boom and the bust

Top 6 US industries where you can earn the most money

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

(Corrects grammar in paragraph 6.) HONG KONG (Reuters) -Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in the region starting this

What cottagers need to know about housing affordability measures in the new federal budget

The federal government has announced new housing affordability measures to help first-time buyers purchase their first home. The measures were announced by Finance Minister Chrystia Freeland last week in Toronto, … Continued

What open banking means for Canada's saturated banking market

By Nivedita Balu TORONTO (Reuters) -Canada, a laggard in open banking concept, announced new measures that could allow consumers' financial data to be shared, a move that could encourage innovation, competition and make it simpler to switch bank accounts in an already saturated market. The federal government, which had promised to address open banking last fall, said in its budget on Tuesday the

New report criticizes B.C. government funding for medications

A new report calls out the B.C. government for falling behind other provinces when it comes to covering several medications, including for rare conditions. Kylie Stanton has the details and the story of a grandmother who pays out of pocket for her granddaughter's meds.

Avoiding shrinkflation is difficult, but these shoppers have a few tips

MONTREAL — Stefani Balinsky not only brings her list when she goes grocery shopping, she also brings a calculator. Oftentimes Balinsky, a mother of a teenager and a 20-year-old, finds herself standing in the aisles and calculating if she's getting the best deal for every dollar spent. It's her way of fighting back against shrinkflation. She recalle...

Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell than when it was first approved in 2018. The Austin, ...

How the 1949 Ford saved the company

As Ford gears up for a huge launch of its all-electric F-150 Lightning, we turn the clock back over 70 years to a car that saved the company

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.

Business Report: GTA gas prices set to soar

Gas prices are set to soar across the Toronto area. Plus, Boeing faces more safety allegations, and a Barbie-themed ketchup adds a splash of pink to hot dogs and hamburgers. Ari Rabinovitch has the day's top business stories.

Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut

BEIT MERI, Lebanon (AP) — Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. The killing of Mohammad Srour, 57, who was sanctioned by the U.S., wa...

PS5 Slim price cut to under £430 at Amazon and Very

Sony's PS5 Slim console has once again received a price cut, with new offers on the disc and digital versions.

Federal budget gets mixed reaction in Alberta

The federal government has tabled its budget and as Adam MacVicar reports, reaction is mixed by both provincial and municipal leaders.

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.

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.

Her landlord sold her apartment. Her new unit is the same size — and $700 more a month

CBC News asked renters in Toronto's Liberty Village what they think of renting in Canada's biggest city.

A nurse, a teacher, a grandfather: These are the New Yorkers who hold Trump’s fate in their hands

A nurse, a teacher, a grandfather: These are the New Yorkers who hold Trump’s fate in their hands - Three women and four men have so far been tasked with hearing the first-ever criminal case against a US president

Oil falls over $1 as demand worries outweigh Middle East supply risks

By Laura Sanicola (Reuters) -Oil prices slipped more than $1 on Wednesday as U.S. commercial inventories rose, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand. Brent futures for June were down $1.01, or 1.32, to $89.01 a barrel at 11:19 a.m. EST (1619 GMT), while U.S. crude futures for May were down 88 cents, or 1%, at $84.48 a

Could big rent hikes be in store for tenants next year?

A spokesperson for New Brunswick landlords says they’re bracing for a gap in protections limiting one-time increases to their property taxes — and they will have no choice but to pass on those extra costs to renters.

World's most expensive house goes on sale for eye-watering sum

Got that kind of cash?

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt - From multimillion-dollar properties to luxury watches (and a replica signed Joe DiMaggio shirt), the former New York mayor and Trump attorney may have to part with some cherished items to pay his creditors, writes Kelly Rissman

4 Ways to Grow $100,000 Into $1 Million in Retirement Savings

Anyone can build a million-dollar retirement portfolio. Here are four ways you could practically grow $100,000 to $1 million. The post 4 Ways to Grow $100,000 Into $1 Million in Retirement Savings appeared first on The Motley Fool Canada.

Restaurants feeling financial pinch as industry sees drop in employment

A Vancouver restaurant is feeling the financial pinch as the industry shed over 26,000 jobs in March. Grace Ke reports.

How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!)

There are legal ways to bring down your taxable income and put that extra cash towards your future. Plus, create passive income for life! The post How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!) appeared first on The Motley Fool Canada.

How to Earn Big TFSA Income to Set Yourself Up for Retirement

With the right moves, a TFSA can bring in incredible income for retirement -- or even in just the next three years! The post How to Earn Big TFSA Income to Set Yourself Up for Retirement appeared first on The Motley Fool Canada.

Patients are paying for surgeries covered by the province

Health-care advocates say patients are unnecessarily paying thousands to private medical clinics for procedures covered by the province, such as cataract surgery. They say many patients are falling for doctors engaging in 'predatory upselling' of services.

'I'm well on the road to recovery': Jon Bon Jovi on his voice after throat surgery and 'joyous' new album

Rockers Jon Bon Jovi, Tico Torres and David Bryan hit the red carpet in London for the premiere of their new documentary, “Thank You, Goodnight: The Bon Jovi Story,” which chronicles the band’s 40-year career and uncertain future: the frontman suffered an atrophied vocal cord and had an operation two years ago. (April 17)

Who's behind Ontario's above guideline rent increases

A CBC data analysis looks into which corporate landlords applied most often to raise rents above provincial rent control guidelines in 2022.

How a group of strangers found homes together in one of Canada's priciest municipalities

Splitting mortgages via co-ownership is one way some British Columbians are achieving dreams of home ownership as real estate prices reach record highs.

25 Wardrobe Must-Haves, According To Shopbop’s Fashion Director

.disclaimerwidth:90%;margin-bottom:1rem.disclaimer__lineswidth:100%;margin:0 auto;border-bottom:1px solid #999;padding:0;max-width:150px.disclaimer__copywidth:100%;max-width:355px;font-family:Brown Regular,sans-serif;font-size:.9rem;font-weight:300;line-height:1.3em;color:#333;padding:0 0 .4rem;margin:1rem auto;text-align:center All linked products are independently selected by our editors. If you purchase any of these products, we may earn a...

Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now

These two growth stocks could outperform over the next three years. The post Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now appeared first on The Motley Fool Canada.

Federal budget 2024: Liberals failed to tackle 'corporate greed,' Singh says

NDP Leader Jagmeet Singh expressed disappointment in the federal government's 2024 budget, saying the Liberals "ignored the opportunity to take on corporate greed." Mercedes Stephenson breaks down Singh's comments on the budget, and whether they could hint at the NDP voting against it.

Ukraine Business Roundup — Business & War

Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide blackouts and highlighted Ukraine’s urgent need for more air defense to protect its critical infrastructure. The Kremlin launched over 80 missiles and drones against the country in the early hours of April 11, targeting thermal powe...

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.

Capital gains are going to be taxed more, and these economists say it's a good thing

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which ref...

CPP Enhancement: How to Make the Most of the Increased Retirement Income

Analyzing CPP enhancement through the lens of the rising cost of living can give you a more realistic idea of its impact on your lifestyle as a retiree. The post CPP Enhancement: How to Make the Most of the Increased Retirement Income appeared first on The Motley Fool Canada.

Is my passport still valid? New rules and prices around soon-to-be expired ID

Double check your passport before you book.

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

Business Matters: Federal budget 2024 brings changes to banking fees

The Liberals' 2024 federal budget includes several measures affecting the banking sector, such as cracking down on junk fees and working toward a framework for open banking. Kyle Benning has the details in Business Matters for Tuesday, April 17, 2024.

Top 10 airlines for the cheapest business class flights

Manifesting Money Wasn’t Working For Me, So I Successfully Turned To Loud Budgeting

Like many of my past relationships, my relationship with money is fraught, complicated, and a huge, bright red flag. And yet, I care about money so much. Still, as a millennial, having had to navigate a recession at every pivotal point of my adult life, money has never appeared to care about me. “It’s because you have a scarcity mindset,” a friend said to me over expensive wine I said I couldn’t afford. “The reason you’re bad with money is that...

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.