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Your ID was stolen, here’s what to expect + MORE Jan 7th
Your identity was stolen—what does that mean, and how might it impact you in the future? It’s a frustrating situation to be in, and you may have concerns about protecting your credit rating and preventing scammers from using your identity to commit fraud.
Unfortunately, identity theft is on t.... More »
Compare car insurance quotes from Canadian providers Jun 24th
Auto Insurance
Compare car insurance quotes from top providers in Canada
In under five minutes, get a personalized car insurance quote from one of Canada’s top providers—free of charge. Just tap the button to get started.
Get a free quote now* .... More »
Scotia Momentum® VISA Infinite* Review May 15th
Attention MoneyWise readers! Sign up for the Scotia Momentum® VISA Infinite* card and, for a limited time, get $75 IN CASH via Interac e-Transfer or a gift card from RateSupermarket.ca upon approval!
Are you looking for a well-rounded, high-earning cash back credit card with travel perks and no a.... More »
What COVID-19 Has Taught Us About Insurance & Preparedness + MORE Aug 15th
During these unprecedented times, we know that many of you may be feeling stressed, overwhelmed, and maybe even a little paranoid about the future. We also understand that due to COVID-19, your worldview may have changed when it comes to the stability of your job, health, and home.
While Baker &.... More »
The best credit cards in Canada for 2024 May 27th
Spend
The best credit cards in Canada for 2024
Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help.
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Sprint, King Digital, AIG, Tenet and Discovery Communications are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Sprint Corp., down 34 cents to $4.51
The wireless carrier’s fiscal second-quarter results fell short of expectations.
King Digital Entertainment PLC, up $2.31 to $17.85
The maker of Candy Crush and other mobile games is being bought by video game maker Activision Blizzard for $5.9 billion.
Archer Daniels Midland Co., down $3.13 to $43.15
The agribusiness giant’s third-quarter profit plunged as it grapples with a glut in the commodities market and a strong U.S. dollar.
American International Group Inc., down $2.78 to $60.96
The insurance company reported a third-quarter loss that fell short of expectations and said it will restructure its business.
Tenet Healthcare Corp., up $1.51 to $34.26
The hospital operator reported better-than-expected third-quarter earnings and revenue and gave an upbeat outlook.
Kellogg Co., down $2.52 to $68…
NYSE
Sprint Corp., down 34 cents to $4.51
The wireless carrier’s fiscal second-quarter results fell short of expectations.
King Digital Entertainment PLC, up $2.31 to $17.85
The maker of Candy Crush and other mobile games is being bought by video game maker Activision Blizzard for $5.9 billion.
Archer Daniels Midland Co., down $3.13 to $43.15
The agribusiness giant’s third-quarter profit plunged as it grapples with a glut in the commodities market and a strong U.S. dollar.
American International Group Inc., down $2.78 to $60.96
The insurance company reported a third-quarter loss that fell short of expectations and said it will restructure its business.
Tenet Healthcare Corp., up $1.51 to $34.26
The hospital operator reported better-than-expected third-quarter earnings and revenue and gave an upbeat outlook.
Kellogg Co., down $2.52 to $68…
One young driver’s $6,000 car insurance shock: Mayers
– thestar.com
Cameron Sottile is 19, with a clean driving record. He’s paying a penalty for being a young, male driver in Canada’s priciest car insurance market.The Pros and Cons of Robo-Advisors
– ratesupermarket.ca
By: Barry Choi
Financial technology, more commonly known as FinTech, has been all the rage as of late. It’s basically a line of business that uses technology to provide financial services. And, like any new technology, the public tends to be slow to adapt – but one of the more interesting businesses to come from FinTech are robo-advisors, which are starting to become mainstream.
What Is a Robo-Advisor?
The term robo-advisor may sound a bit intimidating, but it’s a pretty simple concept. Robo-advisors provide automated investment services: there’s no research for you to do and you can say goodbye to high mutual fund fees, deposit your funds and let the computers take care of everything.
With any new technology, there’s always going to be a certain amount of excitement and fear. Some people are afraid that they could lose their money, but you’re insured up to $1 million by the Canada Deposit Insurance Corporation in case of a bankruptcy. Robo-advisors also often have additional insurance so your entire investment will be covered…
We help customers get money back on soccer shoes and a bank promotion. But we can’t help reverse an insurance decision.
