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Latest News
What the U.S. and Iran ceasefire means for Bitcoin + MORE Jun 24th
The past two months have been a rollercoaster of hope and disappointment for bitcoin (BTC) investors. In late February of 2026, BTC touched a low of about $63,000 (all figures in U.S. dollars unless otherwise specified), which was a fall of close to 50% from its October 2025 high of about $123,000.&.... More »
Business Highlights + MORE Jan 31st
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Small investors fight urge to sell as stocks drop
NEW YORK (AP) — January’s global sell-off in stocks has left many small investors more puzzled than panicked — and unsure how to act.
They’re holding on for now as prices continue to tumble, but their anxiety is mounting. The numb.... More »
Ottawa alters rules to curb foreign money in Canadian housing - CBC.ca + MORE Oct 3rd
CBC.caOttawa alters rules to curb foreign money in Canadian housingCBC.caOttawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that Canadians take on mortgages that they can afford. Finance Minister Bill Morneau announce the new rules at a speech in To.... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 28th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... More »
Can you change your mind about taking CPP early? Aug 4th
Q. I am 62 years, 10 months of age, and still working but plan to retire (early) at the end of November 2021 with an unreduced employer pension.
I have been collecting CPP for 28 months because I needed the extra money at the time, but I am in a better financial position now.
Can I ask to stop col.... More »
Canada May Be Losing its Allure for Foreign Investors
– blogs.wsj.com
Capital inflows into Canada jumped higher in November, but the underlying trend in foreign investment is lower.
Toronto’s benchmark stock index hit its highest level in more than 2.5 years on Friday as the rebounding gold price and new confidence about the global economy pushed equities up.
Why 2013 was a good year for pension plans
– thestar.com
A combination of strong stock market returns and rising long-term interest rates boosted defined benefit plans, according to experts Towers Watson.Intel aims to boost earnings by trimming more than 5,000 jobs in 5 pct reduction of workforce
– canadianbusiness.com
SAN FRANCISCO – Intel plans to trim more than 5,000 jobs from its workforce this year in an effort to boost its earnings amid waning demand for its personal computer chips.
The Santa Clara, Calif., company confirmed the job cuts Friday, the day after Intel Corp. reported its profit and revenue had fallen for the second consecutive year.
The purge represents about 5 per cent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts and early retirement offers.
The company didn’t estimate how much money it hopes to save by eliminating jobs. But Intel needs pare its expenses if it hopes to end a two-year slump that has seen its earnings fall from $12.9 billion in 2011 to $9.6 billion in 2013. Intel is forecasting its revenue this year will be about the same as in 2013, making it unlikely its profits can rise without cost cuts…
The Santa Clara, Calif., company confirmed the job cuts Friday, the day after Intel Corp. reported its profit and revenue had fallen for the second consecutive year.
The purge represents about 5 per cent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts and early retirement offers.
The company didn’t estimate how much money it hopes to save by eliminating jobs. But Intel needs pare its expenses if it hopes to end a two-year slump that has seen its earnings fall from $12.9 billion in 2011 to $9.6 billion in 2013. Intel is forecasting its revenue this year will be about the same as in 2013, making it unlikely its profits can rise without cost cuts…
Business Highlights
– canadianbusiness.com
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Shoppers fret about authenticity of Target emails
NEW YORK (AP) — An email sent to the roughly 70 million Target customers who may have been affected by a pre-Christmas data breach is causing panic among those who fear it could be an attempt to victimize them again.
Target says the email, which offers free credit monitoring services to potential victims of the breach, is legitimate. But the company has identified a handful of scammers who are trying to take advantage of the public’s fear and confusion.
Consumers have been on edge since news of the data breach broke last month. And they’ve been warned to be on alert for possible follow-up attacks that could come in the form of phishing emails, electronic messages designed to implant malicious software on their computers or draw them to websites that prompt them to enter personal information.
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UPS: Last-minute online shopping hurt 4Q profit
DALLAS (AP) — UPS may have to change the way it plans for the holiday season after December shipping problems took a bite out of fourth-quarter earnings…
Shoppers fret about authenticity of Target emails
NEW YORK (AP) — An email sent to the roughly 70 million Target customers who may have been affected by a pre-Christmas data breach is causing panic among those who fear it could be an attempt to victimize them again.
Target says the email, which offers free credit monitoring services to potential victims of the breach, is legitimate. But the company has identified a handful of scammers who are trying to take advantage of the public’s fear and confusion.
Consumers have been on edge since news of the data breach broke last month. And they’ve been warned to be on alert for possible follow-up attacks that could come in the form of phishing emails, electronic messages designed to implant malicious software on their computers or draw them to websites that prompt them to enter personal information.
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UPS: Last-minute online shopping hurt 4Q profit
DALLAS (AP) — UPS may have to change the way it plans for the holiday season after December shipping problems took a bite out of fourth-quarter earnings…
