11 European banks could fail stress test, report says + MORE Oct 22nd

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Pelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight it - Los Angeles Times + MORE Feb 6th

Los Angeles TimesPelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight itLos Angeles TimesHouse Democratic Leader Nancy Pelosi vowed Monday to fight what she called President Trump 's “massive con” to dismantle the Dodd-Frank financial.... More »
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10 SMART financial goals to set for 2024 + MORE Dec 29th

It’s that time of year again—when we set our New Year’s Resolutions for 2024. If you’re like me and your bank account is down a bit from gift-giving during the holidays, it might be a good time to think about how you can give back to yourself financially. Here are 10 SMART financial goals to.... More »

7 common crypto scams and how to avoid them Aug 10th

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Smart financial decisions small business owners should make now Jul 27th

In partnership with Surex Rule number one of being an entrepreneur: When things get tough, keep going. The COVID-19 pandemic has brought to the surface many worst-case scenarios for small business owners. They’ve lost revenue, laid off staff, and some have even had to close their business permane.... More »
A report in the Spanish press that 11 European banks are about to fail stress tests imposed by the European Central Bank pushed the euro lower and caused turmoil on European stock markets.

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SAN JOSE, Calif. – Bank of America apologized Wednesday for a double-billing glitch that affected some customers who made purchases with Apple Pay, the new mobile payments service that Apple launched this week.
Some customers have reported they were charged twice for the same purchase when they used Bank of America debit cards with Apple Pay.
The glitch involved about 1,000 transactions, and all duplicate charges will be refunded, said Bank of America spokeswoman Tara Burke.
Apple said “a very small number of Apple Pay users” were affected. The Cupertino, California-based computer maker has not disclosed how many customers have used Apple Pay since it became available on Monday. Chief Financial Officer Luca Maestri told The Associated Press earlier this week that “a lot of people” had signed up.
Apple has touted the privacy and security features of the new service, saying it does not store credit card account numbers or purchase information. Instead, the company says it acts as a conduit for transmitting encrypted payment information to banks or card processors, who then send the necessary authorizations to merchants…

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Canada’s main stock index dropped on Wednesday after a four-day winning streak as investors reacted nervously to monetary policy commentary from the Bank of Canada and news of shootings in Ottawa.

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TheChronicleHerald.ca (registration)MARKET REPORT: TSX tumbles after series of gainsTheChronicleHerald.ca (registration)TORONTO — The Toronto stock market tumbled more than 200 points Wednesday as markets gave back a chunk of gains collected over the previous four days of solid, triple-digit advances. The S&P/TSX composite index dropped 235.64 points to 14,312.07, …TSX dives as Ottawa shootings, energy drop hit sentimentReuters CanadaMost actively traded companies on the TSXCastanet.netStockhouse & the Bell: TSX tumbles 236 points: gunman shoots soldier outside …Stockhouseall 226 news articles »

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TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,312.07, down 235.64 points):
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Up 7.5 cents, or 115.38 per cent, to 14 cents on 12.1 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 34 cents, or 4.40 per cent, to $7.38 on 4.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 61 cents, or 1.56 per cent, to $38.48 on 4.5 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up two cents, or 0.55 per cent, to $3.63 on 4.4 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 23 cents, or 4.99 per cent, to $4.38 on 3.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 47 cents, or 1.76 per cent, to $26.27 on 3.9 million shares.
Companies reporting major news:
Canadian National Railway (TSX:CNR). Transportation. Down 50 cents, or 0.66 per cent, to $75.18 on 2.1 million shares. The country’s largest railway posted net income of $853 million in its most recent quarter, up 21 per cent from a year earlier, while revenues grew 16 per cent to a record $2…

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