Financial Insights That Matter Yahoo Finance’s Akiko Fujita discusses the chart of the day on California’s GDP growth. AKIKO FUJITA: Well, it is now time for our chart of the day. And today, we are honing on the West Coast, as I like to call it the Best Coast. The state of California poised to […]
Financial Insights That Matter July 5 (Reuters) – Canada’s financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing costs or who are at the risk of defaulting. The Financial Consumer Agency of Canada (FCAC) said federally regulated financial institutions, including banks, must work to help at-risk consumers […]
Cash News Getting out of debt is always a worthy goal. After all, debt can weigh you down and hold you back from reaching other personal and financial goals. But when it comes to certain loans, is there ever a time when you might want to reconsider paying off a debt? Could there even be […]
Financial Insights That Matter Financial stability in Germany, Europeâs largest economy, has taken a substantial turn for the worse this year, triggering warnings from the Bundesbank. Banks, insurers and investment funds have already recorded losses as markets adapt to deteriorating growth prospects, stubbornly high inflation and rising interest-rate and risk premiums, Germanyâs central bank said […]
Financial Insights That Matter (Reuters) – A top lobbying group for the Canadian banking industry slammed the federal government’s proposals to levy huge taxes on the country’s financial sector and said the policy could hurt lending, The Globe and Mail reported on Tuesday. The Canadian Bankers Association’s (CBA) CEO Anthony Ostler said the government was […]
Financial Insights That Matter By Giuseppe Fonte and Valentina Za ROME (Reuters) – France’s Credit Agricole had informal backing from the Italian government before it said on Friday it was raising its stake in Banco BPM, two sources close to the matter told Reuters. The increase intensifies a banking battle in Italy, begun when UniCredit […]
Financial Insights That Matter If You Like Big Tech, You’ll Love This ETF That Lets You Invest in Microsoft, Nvidia And Apple At The Same Time Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Any S&P 500 Magnificent Seven stocks would be a welcome addition to […]
Financial Insights That Matter Christof STACHE/AFP Under Markus Braun, Wirecard became the darling of Germany’s tech sector until its disastrous collapse The former head of disgraced German payment company Wirecard has gone on trial accused of involvement in the biggest fraud case in German history. Markus Braun, 53, presided over its meteoric rise from modest […]
Financial Insights That Matter More than half of Canadians say their personal finances are worse today than in 2015, when Prime Minister Justin Trudeau was elected on a promise to help the middle class and those aspiring to join it. A surge of inflation, and the interest-rate hikes meant to quell it, have squeezed heavily […]
Cash News When saving for a rainy day or a major purchase like a home or car, you might consider opening a high-yield savings account (HYSA). These accounts operate almost identically to traditional savings accounts, except for one major detail: the interest they earn. Many high-yield savings accounts earn 10 times or more interest than […]