Markets Wrap: Markets Decline as Inflation Data Sparks Fed Policy Debate
Stocks fell on Thursday, with the S&P 500 and Dow Jones Industrial Average retreating from record highs.
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October 10, 2024
U.S. Expected to See 2.5% Increase in Cost of Living in 2025| AiF News Bites
The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, which will raise monthly benefits by about $50 on average.
October 10, 2024
What’s Next for the Housing and Stock Markets in the Era of Interest Rate Cuts?
On September 18, 2024, the Federal Reserve cut the interest rate from 5.5% to 5% for the first time in four years, impacting both the real estate and stock markets. First, it's important to understand what interest is.
October 9, 2024
AI godfather Geoffrey Hinton says he’s proud his student fired OpenAI Sam Altman | AiF News Bites
The newly minted Nobel Prize winner Geoffrey Hinton says he's proud that one of his former students had a part to play in Sam Altman's brief ouster from OpenAI in November.
October 9, 2024
Interest Cut Rates: What it means for real estate and stocks
On September 18, 2024, the Federal Reserve announced its first interest rate cut in four years, lowering the interest rate from 5.5% to 5%. This article will explore the impact of the interest rate cut on the real estate market and the stock market.
October 7, 2024
ETF Analysis – Can You Really Make Money by Buying ETFs?
ETFs have gained popularity for their liquidity and diversity, seen as safe and profitable by self-managing investors. But are they truly low-risk, high-return? This article explores ETF basics, risks, and how to invest wisely.
September 27, 2024
The Power of Compound Interest: Life-Changing Magic
Compound interest is calculated on both the principal and the interest already earned or payable. The longer and more frequent the compounding, the higher the return.
September 24, 2024
2024 CPP Payment Dates: How Much Longer Can You Rely on CPP for Retirement?
In Canada, relying solely on the CPP for retirement is increasingly risky as the system faces financial strain. . Here's a brief overview of how the CPP works and why finding other solutions is urgent.
September 10, 2024
Black Monday: U.S. Stock Market Crash | AiF News Bites
US Stock Market crashes on Black Monday, fueling fears of an impending economic recession due to rising unemployment rates.
August 6, 2024
Canadian pension system: Crisis and Solution
At the end of March, the Canada Pension Plan (CPP) released its 2024 Annual Investment Report, revealing significant issues within Canada's pension system.
July 30, 2024