Retail struggles continue The last set of quarterly earnings reports before the big holiday season showed that, while many large retailers were setting sales records, they were also struggling to move massive amounts of...
Also, taxes are not just for the living. When a person passes away, there are several tax returns to know about. And tax returns can be a complicated process on the best of days....
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I’ve learned over the years that if you embarrass verbose people at dinner parties it usually doesn’t end well for anyone. So, I simply asked how he would know when the market bottoms out...
Nothing gets people’s attention faster than paying higher prices for housing, gas and groceries. That’s what makes it such a tempting news story to keep reporting on. It also makes it almost impossible for...
The contribution of rising mortgage interest costs are now adding more to the overall inflation rate than any point since 2008. In November, this item accounted for 0.45 percentage points to the headline inflation...
4. The markets’ response: down and up As it became clear the central banks were committed to slowing the economy with rate hikes, the markets started their descent. We hit the bottom towards the...
3:07 p.m. (EST): “Changing our inflation target is something we’re not thinking about. We’re not going to consider that under any circumstances. We’ll use our tools to get inflation back to 2%.” 3:05 p.m....
“The Canadian economy grew more than expected in the third quarter, although the weakening housing investment and consumer spending suggests that higher interest rates are beginning to bite. Gross domestic product (GDP) increased 2.9%...
If you plan to purchase a property, you’re likely aware that you’ll need a down payment. This is the portion of the purchase price you pay upfront and that is deducted from the amount...