‘She by no means defined something’: I am a senior citizen and I misplaced $100,000 within the inventory market this 12 months. Can I sue my monetary adviser?

I’m a senior citizen and have suffered main losses to the tune of $100,000 within the latest inventory market turmoil. Can I sue my monetary adviser? I perceive the dynamics of the market so far as its ups and downs, and have ridden them out earlier than. Nonetheless, it has been completely different with the … Read more

RBL Financial institution launches Tremendous Senior Citizen Mounted Deposits, gives additional 0.75% return on FDs

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Inflation is excessive, pervasive and regularly felt. That is a harmful combine

Customers shopping for groceries on the City Recent Produce stand at Toronto’s St. Lawrence Market on Might 18.Fred Lum/The Globe and Mail Two months in the past, Jackie Chen brought about a stir in Carbonear, a city of about 5,000 in Newfoundland: He introduced that Don’s Restaurant wasn’t bringing again its buffet. At $16.99 earlier … Read more

How the housing slowdown might hobble Canada’s economic system

Dwelling gross sales fell nationwide by 12.6 per cent in April from March, with even steeper pullbacks seen in Toronto and Vancouver markets.Richard Buchan/The Canadian Press The housing downturn that is taking root throughout Canada will act as a headwind to financial development this 12 months, following a interval through which actual property powered the … Read more

Opinion: Tokenization, not crypto, is the longer term for Canada’s digital financial system

Mining rigs on show on the Thailand Crypto Expo in Bangkok, Thailand, on Could 14.Lauren DeCicca/Getty Pictures AsiaPac Mark Wiseman is a Canadian funding supervisor and enterprise govt serving as a senior adviser to Lazard Ltd., Boston Consulting Group and Hillhouse Capital, and the chair of Alberta Funding Administration Corp. The twin threats of inflation … Read more

Poilievre says he would take away Financial institution of Canada Governor if he kinds authorities

Candidate Pierre Poilievre makes a degree on the Conservative Celebration of Canada English management debate in Edmonton, on Might 11.Jeff McIntosh/The Canadian Press Conservative management candidate Pierre Poilievre mentioned he would take away the Financial institution of Canada Governor if he kinds authorities, a breach of the conference that separates the central financial institution from … Read more

How Residents Monetary used an iPhone plan to create a nationwide digital financial institution

Residents Monetary Group Inc. launched its Residents Pay iPhone improve plan in 2015 as an early type of the buy-now-pay-later idea that is in vogue within the funds house. The concept was to take the Residents CFG, -1.22% model as a credit score supplier and mix it with Apple’s AAPL, +2.64% iPhone to assist clients … Read more

FAANG stocks plus Microsoft lost $1.4 trillion in market value during April

On another difficult Friday afternoon for the stock market, the broad US indexes ended with significant declines. One element that stood out during such a rough year for technology stocks was that the FAANG group (Facebook holding company Meta Platforms Inc. FB, -2.17%, Apple Inc. AAPL, +0.47%, Amazon.com Inc. AMZN, -1.40%, Netflix Inc. NFLX, -3.90%, … Read more