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This health-care dividend giant has crushed the S&P 500 + MORE Jul 27th
Thanks to its growing pharmaceuticals division, the company is posting solid results and is poised to continue raising its dividend
.... More »
The best GIC rates in Canada for 2024 Jun 1st
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our.... More »
Estate planning and trusts for a beneficiary with a disability Dec 28th
I am wondering who I would reach out to for estate planning advice. I have a family member on permanent disability (independent living) and wish to arrange a trust upon my death that would not interfere with his monthly support ceiling of one thousand dollars a month (the current income is approxima.... More »
Canadian dollar, TSX gain strength Wednesday as oil price rises - Montreal Gazette + MORE Jan 27th
The Globe and MailCanadian dollar, TSX gain strength Wednesday as oil price risesMontreal GazetteTORONTO - The Canadian dollar and Toronto Stock Exchange gained strength as Wednesday's trading session progressed. The S&P/TSX composite index had been down shortly after the open but was up 13.... More »
Investing in CBD — How to Do It & What to Consider + MORE Aug 31st
The cannabidiol market in the U.S.A is growing bigger. Investors are turning their attention to the CBD industry to look at the lucrative opportunities it may present. Although CBD has been around for a long time, federal legalization of the substance has opened more doors toward increasing its popu.... More »
Why the U.S. has come down easy on white-collar crime
– macleans.ca
REUTERS/Brendan McDermidTo hear U.S. Attorney General Eric Holder tell it, justice was served when Standard & Poor’s agreed to pay US$1.5 billion for its role in contributing to the devastating 2008 financial crisis. The ratings agency, recall, slapped “investment-grade” labels on scores of securities backed by risky subprime mortgages—loans handed to homebuyers with bad credit or no verifiable income—that were ultimately sold to unsuspecting investors. Emails entered as evidence by government prosecutors suggested several S&P employees knew full well that the products were garbage. One even joked about the looming danger in an email that reimagined the lyrics to Burning Down the House by Talking Heads. A snippet: “Watch out. Subprime is boiling over.”
Holder claimed that the deal to settle the government’s original $5-billion civil suit, revealed last week, was yet another example of the U.S. Department of Justice’s “aggressive” effort to “address every part of the financial system that contributed to the crisis…
Why we should lie to ones we love
– macleans.ca
Photograph by Barrett EmkeSix years ago, Clancy Martin published his first novel, How to Sell, a grim comedy about two wayward Canadian brothers who become jewellery salesmen in Texas. The plot hinged on several varieties of duplicity, from the fraud required to move fake Rolexes to the lies of addiction (the brothers’ choice of drug is meth), and bristled with blurbs from Zadie Smith and Jonathan Franzen (“dirty, greatly original, and very hard to stop reading,” Franzen wrote).
How to Sell was unabashedly autobiographical. Martin, who is 47, was born in Toronto and raised in Calgary. His late father was a charismatic, womanizing real estate developer and spiritual seeker who would go on to found his own fake church and develop schizophrenia. Martin has taught philosophy at the University of Missouri at Kansas City since 2003, but his route to the academy was eccentric. A high school dropout, he spent seven dissolute years working in the diamond trade in Dallas, a period characterized by relentless drinking, cocaine abuse, chronic infidelity and suicide attempts…
Manulife thirsting for more oil assets
– theglobeandmail.com
Insurer says it’s sticking to energy, and plans to invest more
US stock market creeps higher in early trading as S&P 500 index holds near a record high
– canadianbusiness.com
NEW YORK, N.Y. – Stocks are inching higher in early trading as traders pore over the latest batch of company earnings reports.
Broadcaster CBS jumped 4 per cent early Friday after reporting earnings that came in ahead of what investors were expecting, while American International Group slipped 1 per cent after its own results disappointed.
The Dow Jones industrial average was up 20 points, or 0.1 per cent, at 17,999 as of 9:35 a.m. Eastern time.
The Standard & Poor’s 500 index crept up a point to 2,089. That’s just one point below its record closing high.
The Nasdaq composite rose 13 points, or 0.3 per cent, to 4,871.
The price of oil rose $1.54 to $52.71 a barrel in New York.
Bond prices barely budged. The yield on the 10-year Treasury note edged up to 2 per cent.
The post US stock market creeps higher in early trading as S&P 500 index holds near a record high appeared first on Canadian Business.
Broadcaster CBS jumped 4 per cent early Friday after reporting earnings that came in ahead of what investors were expecting, while American International Group slipped 1 per cent after its own results disappointed.
The Dow Jones industrial average was up 20 points, or 0.1 per cent, at 17,999 as of 9:35 a.m. Eastern time.
The Standard & Poor’s 500 index crept up a point to 2,089. That’s just one point below its record closing high.
The Nasdaq composite rose 13 points, or 0.3 per cent, to 4,871.
The price of oil rose $1.54 to $52.71 a barrel in New York.
Bond prices barely budged. The yield on the 10-year Treasury note edged up to 2 per cent.
The post US stock market creeps higher in early trading as S&P 500 index holds near a record high appeared first on Canadian Business.
(Getty Images/PM Images)When it comes to the internet, no one does it quite like Canadians. Over the years numerous studies suggest that Canadians are pretty much the world’s most active users of social networking. So, it’s no surprise that Canadians are also hot for online dating sites.
According to Alexa.com, a web analytics company, online dating site PlentyofFish.com ranks #62 on the most visited sites by Canadians—ahead of Walmart.ca (#63), TheStar.ca (#64), Tripadvisor.ca (#67) and Realtor.ca (#74).
And if you look at the dollars spent: the dating business is booming. According to a report from IBISWorld the dating industry is worth US$2.2-billion, up 4.8%, year-over-year in 2014. Of that about US$1.1 billion is from online dating, US$576 million is from mobile apps, such as Grindr and Tinder.
Of course, with more interest comes steeper costs. To become a member of Match.com or eHarmony, the two biggest subscription-based dating sites in North America, you’ll need to pay between US$42 and US$60 each month…
