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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 »
This Toronto Floral Shop Is Making the Industry More Sustainable + MORE Oct 12th
Before the pandemic, May Flowers, then a two-year-old floral business, operated like many of its competitors. It focused on wedding and occasion bouquets, and its shop in Toronto’s west end functioned primarily as a depot to fulfill orders.
This past spring, right after Mother’s Day—one of.... More »
How can my stock losses be used to lower taxes? Sep 17th
Q. I just received a report from my brokerage noting the value of one of my investments was cut in half. Can this loss report be used to lower taxes and how does that work? I understand there is also a specific form used for Canada Revenue, but I’m not sure which ones I need. Thanks, Lesli.... More »
Tesla awards boss Elon Musk $29bn in shares - BBC Aug 4th
Tesla awards boss Elon Musk $29bn in shares BBCElon Musk awarded $29 billion pay package from Tesla CNNTesla board awards Elon Musk $30bn worth of shares The GuardianTesla approves share award worth $29 billion to CEO Elon Musk Yahoo FinanceTesla Grants Mu.... More »
Relax, a stock market pullback was due + MORE Aug 22nd
If your investment plan is sound, the best strategy for weathering the recent stock market correction – an aftershock of the 2008 financial crisis – is to maintain a steady course and not panic
.... More »
China scrambles to reassure jittery stock traders after market plunge threatens economic plans
– canadianbusiness.com
BEIJING, China – Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic reform plans.
The market benchmark soared 150 per cent from the start of the boom late last year in one of the world’s fastest runups. It hit a peak June 12 and then reversed course and plunged 28 per cent. It rebounded temporarily Tuesday before losing 5.2 per cent on Wednesday.
A prolonged slump could disrupt Communist Party plans to use stock markets to make China’s state-dominated economy more productive. The party wants state companies to raise money through stock sales to reduce debt and hopes they will compete harder if they answer to outside shareholders. It hopes stock investing will give an aging populace more options to save for retirement to ease demand for social spending.
“The government must pay great attention to the stability of the capital market for the sake of the health of the overall economy,” said Liu Yanchun, an economist at Renmin University in Beijing…
The market benchmark soared 150 per cent from the start of the boom late last year in one of the world’s fastest runups. It hit a peak June 12 and then reversed course and plunged 28 per cent. It rebounded temporarily Tuesday before losing 5.2 per cent on Wednesday.
A prolonged slump could disrupt Communist Party plans to use stock markets to make China’s state-dominated economy more productive. The party wants state companies to raise money through stock sales to reduce debt and hopes they will compete harder if they answer to outside shareholders. It hopes stock investing will give an aging populace more options to save for retirement to ease demand for social spending.
“The government must pay great attention to the stability of the capital market for the sake of the health of the overall economy,” said Liu Yanchun, an economist at Renmin University in Beijing…
Reports: Average Manhattan apartment price is now over $1.8 million, a new high
– canadianbusiness.com
NEW YORK, N.Y. – The average sales price of a Manhattan apartment has eclipsed $1.8 million — a new high.
The appraisal firm Miller Samuel says in a report for Douglas Elliman Real Estate that its figure — $1.87 million — compares to $1.77 million reached in the first quarter of last year.
The Corcoran Group puts the average Manhattan sales price at $1.81 million.
Corcoran says the median sales price is now $960,000. The Douglas Elliman report puts it at $980,000.
The median price measures the middle of the market and is less affected by high-end sales.
Douglas Elliman Chief Executive Dottie Herman tells The New York Times (http://nyti.ms/1LUpUM4 ) that New York real estate experts “don’t even blink” at the numbers. But she concedes that “anyplace else, they’re outrageous.”
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Information from: The New York Times, http://www.nytimes.com
The post Reports: Average Manhattan apartment price is now over $1.8 million, a new high appeared first on Canadian Business – Your Source For Business News.
The appraisal firm Miller Samuel says in a report for Douglas Elliman Real Estate that its figure — $1.87 million — compares to $1.77 million reached in the first quarter of last year.
The Corcoran Group puts the average Manhattan sales price at $1.81 million.
Corcoran says the median sales price is now $960,000. The Douglas Elliman report puts it at $980,000.
The median price measures the middle of the market and is less affected by high-end sales.
Douglas Elliman Chief Executive Dottie Herman tells The New York Times (http://nyti.ms/1LUpUM4 ) that New York real estate experts “don’t even blink” at the numbers. But she concedes that “anyplace else, they’re outrageous.”
___
Information from: The New York Times, http://www.nytimes.com
The post Reports: Average Manhattan apartment price is now over $1.8 million, a new high appeared first on Canadian Business – Your Source For Business News.
Beijing scrambles to reassure jittery stock traders
– theglobeandmail.com
In latest measure, the country’s two major stock exchanges announced they will lower security transaction fees
