Financial Insights That Matter The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up to $1,400 from the IRS. The IRS said it’s distributing these payments to taxpayers who failed to claim a Recovery […]
Financial Insights That Matter We recently compiled a list of the Why These 24 Stocks Are Skyrocketing. In this article, we are going to take a look at where Red Cat Holdings, Inc. (NASDAQ:RCAT) stands against the other stocks. One of the strongest stock market anomalies is the momentum effect, which is the tendency of […]
Financial Insights That Matter The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie was trading 0.1% higher at C$1.4394 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.4376 to 1.4415. Canadian government 10-year bond yields rose 0.4 basis points to […]
Financial Insights That Matter The Bank of Canada’s announcement of their final cut of the year was accompanied by language forecasting a slowdown in the pace of cuts. (Photo by Dave Chan/AFP via Getty Images) · DAVE CHAN via Getty Images Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically […]
Financial Insights That Matter DAKAR, Senegal (AP) — Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press. The letter from CEO Mark […]
Financial Insights That Matter The U.S. benefits just as much as Canada does from the current bilateral trade relationship, argues a new report by economist Jim Stanford. Among the reasons for the equal benefits include Canada being the largest market for U.S. exports, the large surplus of services that the U.S. exports to Canada, Canada’s […]
Financial Insights That Matter Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada The Canada Revenue Agency (CRA) unveiled an update for 2025 that will have Canadians breathing a sigh of relief: no federal taxes on the first $16,129 of income! This update increases the Basic Personal Amount (BPA), which acts as […]
Financial Insights That Matter By Fergal Smith (Reuters) -Canada’s main stock index posted its biggest decline in over three weeks on Friday as rising prospects that the Federal Reserve would pause its interest-rate cutting cycle encouraged investors to take some profits after strong gains for the market in 2024. The Toronto Stock Exchange’s S&P/TSX composite […]
Financial Insights That Matter A man cleans a car while he fills up his vehicle’s gas tank during cold weather in Northbrook, Ill., Wednesday, Jan. 8, 2025. (AP Photo/Nam Y. Huh) · ASSOCIATED PRESS Gas prices increased by double digits in five Canadian cities over the past week, pushing the nationwide average for regular fuel […]
Financial Insights That Matter Source: Getty Images Written by Demetris Afxentiou at The Motley Fool Canada Did you know that you can buy some of the smartest dividend stocks on the market with just $500? You won’t be able to retire from those investments just yet, but picking the right stocks today will provide you […]