Retirees who depend on fixed income are among those who will be affected most by the soaring inflationary costs. Experts say there are various ways for retirees to consider surviving the ongoing 40-year high inflation. The consumer price index (CPI) surged 1.2 percent in March, the biggest monthly increase since September 2005, the Labor Department […]

China’s largest credit card brand UnionPay has reportedly suspended its negotiations with Russian banks on issuing new bank cards for their customers over fear of Western sanctions. According to The Moscow Times, the Chinese credit processor has recently halted talks with some major Russian lenders, including Sberbank, Russia’s largest bank by assets, due to concerns […]

LOS ANGELES—The family of a woman who was killed when the teenage son of a multimillionaire businessman ran a West Los Angeles red light in a Lamborghini SUV and slammed into her car at nearly 100 mph announced on April 27 they have reached an $18.85 million settlement of their lawsuit against the teen’s parents. […]

Looking to eliminate debt, become a millionaire, or just need financial advice? Start on the right path by checking out these secrets from the leading financial experts online. Eliminate Nasty Habits “Make no mistake about it. Bad habits are called ‘bad’ for a reason. They kill our productivity and creativity … They hold us back from […]

If you want to grow your money and build your wealth, you need to invest it. What if you don’t invest for the long-term? Well, you risk running out of money in retirement and struggling to cover your expenses later in life. Sadly, many working Americans today don’t invest their money in various factors. For […]

What would be considered the most esteemed job in the world? For many, this would be holding the office of President of the United States of America. Although the job has prestige, it doesn’t pay as much as you would assume. While in office, the U.S. president receives an annual salary of $400,000. They also […]

Applications for jobless claims edged down in the week ending April 9 to their lowest level since 1970, according to the U.S. Department of Labor. “The advance number for seasonally adjusted insured unemployment during the week ending April 9 was 1,417,000, a decrease of 58,000 from the previous week’s unrevised level of 1,475,000. This is […]

Automating financial tasks sounds like the perfect way to check mundane items like saving and paying bills off your to-do list with minimal effort. But there’s a potential downside to giving up manual control. When you automate bills, you may be less likely to review them and notice errors, or to catch yourself overspending. When […]

SYDNEY, Australia—For Louise Jones, executive director for insurance brokerage firm Business 2 Business Insurance, watching Shen Yun portray China’s 5,000-year-old culture through classical Chinese dance was an eye-opening experience. “For an Australian audience, this is very different,” Ms. Jones said after watching Shen Yun at Sydney’s Lyric Theatre on April 16. Shen Yun dancers are […]

Commentary When you storm out of a store in disgust at exorbitant prices or shabby service and vow not to give the establishment your patronage ever again, does that mean you hate capitalism? Far from it—any more than when you storm out of the Department of Motor Vehicles (DMV) for the same reasons; the difference, […]

The nephew of Boston crime boss James “Whitey” Bulger was a business associate of Hunter Biden and played an active part in furthering his business ventures in China, leaked emails show. The Boston mobster was a high-profile figure in the city’s organized crime scene from the 1970s to the 1990s and had for years been […]

News Analysis Taiwan is breaking the mold again by taking on China’s talent spies. These spies steal sensitive technologies by lurking around foreign companies and universities to hire their employees, suck them dry, and dump them. China’s state-sanctioned poachers and thieves are trying to get Taiwan’s crown jewels—its technology, especially computer chip technology—and will get […]

News Analysis Canada’s Finance Minister Chrystia Freeland classified her budget as “modern supply-side economics,” but its greater reliance on government spending represents a new twist on the concept, some experts say. In her April 7 budget speech, Freeland said that “housing and immigration and skills and child care” are not only social policies, but “just […]

LONDON—Goldman Sachs has acquired Netherlands-based asset manager NN Investment Partners for 1.7 billion euros ($1.9 billion) to expand its asset management footprint in Europe and increase its sustainable investment capabilities. NN Investment Partners, formerly part of NN Group, will be integrated into Goldman Sachs Asset Management (GSAM). The acquisition of the firm, which has more […]

By Jason Meisner From Chicago Tribune CHICAGO—Former Chicago Ald. Daniel Solis, who turned government mole to help federal investigators build cases against Ald. Edward Burke and ex-House Speaker Michael Madigan, has been charged with a bribery count. The bare-bones, one-count criminal information alleged Solis, who abruptly retired as 25th Ward alderman in 2018 a month […]

How much do you have saved for your retirement? Obviously, the answer depends on everything from your financial situation to retirement goals. And, another consideration? Your age. As an example, in terms of retirement savings and personal savings, Millennials are right smack in the middle when compared to older generations. That’s not too shabby considering […]

Western aircraft lessors have taken back only a limited number of planes from Russia following international sanctions that set a March 28 deadline for such repossessions. Of the 515 aircraft owned or managed by Western lessors that were placed with Russian carriers before its invasion of neighboring Ukraine, only 79 have been repossessed, according to […]

The NDP says its deal with the Liberals bore fruit with the budget tabled on April 7 meeting some of their requests, while expressing disappointment that it didn’t go far enough on climate-related policies and healthcare spending. “Today, the NDP used our power to secure major progress on Dental Care and housing,” said NDP Leader […]

The Liberal government presented its first budget in the new Parliament on Thursday. While staying in line with the Liberal platform, the budget has been nudged by Russia’s invasion of Ukraine, the inflation and housing affordability crisis, and the Liberals’ recent deal with the NDP. The government’s spending is set at $452.3 billion with a […]

Millennials may still feel quite young (despite those pesky gray hairs and less-than-fine lines), but in so many ways, we have adulted. So it’s time for our money management to grow up a bit, too. Your financial to-do list is small but mighty in your 20s. Setting up automatic transfers to a high-yield savings account, […]

Governments and law enforcement need to respond to the “significant increase” in shoplifting and organized retail crime occurring across the United States, says the Chamber of Commerce in a letter to policymakers. In response to a recent Business.org survey that found a majority of small business owners saw an increase in shoplifting last year, the […]

Commentary If government overspending is driving you crazy, don’t worry. It will soon be free. I refer to mental health services, at least in the vision of the Ontario NDP. But also government overspending, which already is free in their vision and that of many others. Some readers may object that the Ontario NDP is […]

A homeless 66-year-old grandmother is suing a city in Massachusetts for “home equity theft” after her home was seized for a tax debt and sold, but her equity in the property wasn’t refunded to her. The legal action takes aim at what some call “home equity theft,” which is widespread in Massachusetts, according to the […]

In order to save for any goal—short, medium, or long-term—you’re going to need data. You need to know how much money you have coming in, and how much money you have going out. You’re also going to need to know where that money’s going. Tracking Your Income If you’re salaried, tracking your income should be […]

Dozens of California parents of gender dysphoric teens, as well as multiple associations representing medical professionals, have denounced proposed legislation that would force all health care providers to promote “gender-affirming” and “trans-inclusive” health care. Senate Bill 923, the Transgender Inclusive Care Act, introduced by state Sen. Scott Wiener (D-San Francisco), would require health care providers, […]

Cataracts, the progressive clouding of the eye’s outer lens, are the leading cause of blindness worldwide, according to the World Health Organization’s 2019 World Report on Vision. Their surgical removal, typically an in-office procedure and one of the most frequently performed surgeries in the world, is and has been the only remedy approved by the […]

Global debt at negative yields has plummeted to less than $3 trillion for the first time since December 2015, according to an analysis by Deutsche Bank. With more central banks tightening monetary policy and unveiling efforts to raise interest rates to combat inflation, the share of subzero debt as a percentage of total outstanding bonds […]

Commentary With all the terrible things happening in the world right now, it might seem beside the point to discuss urban light rail. But public policy, like golf, is never so bad it can’t get worse. And a tiny throwaway line in a story out of Montreal, a cloud no bigger than a man’s hand, […]

YORBA LINDA, Calif.—Fourteen Republican candidates met at a “Meet the Candidates” forum on March 24 to talk about their platforms and issues that they believe matter most to voters as they prepare for California’s June primaries and the November midterm elections. The candidates, vying for U.S. Senate, governor, attorney general, and secretary of state, are […]

Over half of Canadians are now driving less as gas prices skyrocket across the country, a new survey says. The Leger survey, conducted for BNN Bloomberg and insurance comparison company RATESDOTCA, found 54 percent out of roughly 1,500 Canadians surveyed say that are driving less due to mounting gas prices. Another 15 percent say they are […]