Carney announces creation of Canadian sovereign wealth fund
TORONTO (AP) — Canada is developing a government-owned investment fund, Prime Minister Mark Carney announced Monday. Carney said…
ASIC issues warning for four ‘finfluencers’ handing out financial advice
Four Australian influencers have been given warnings after being accused of “misleading and deceptive conduct” by a corporate…
China to fuse software and steel with US$14tr sector to fix weak links in world’s factory
China is embarking on a sweeping overhaul of its industrial architecture, aiming to fuse software and steel as…
Reeves’ plan to get pension funds investing in Britain suffers Lords defeat – POLITICO
An amendment to the Pension Schemes Bill — tabled by Liberal Democrat peer Sharon Bowles, Conservative peers Deborah…
Average US long-term mortgage rate rises to 6.11%, back to where it was 5 weeks ago
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market jitters over the war…
CRC unveils app to expand financial services access
A leading credit bureau and financial data institution in Nigeria and Africa, CRC Credit Bureau, has launched an…
Are AI tools a threat to financial services firms?
Jittery investors continue to punish stocks of companies that may or may not face disruption from artificial intelligence. …
‘Is this normal?’ My new adviser made me sell stocks, saying her company didn’t work with them. I secretly kept some on the side — and they made money. Now what?
Question: “My financial adviser does an average job in my opinion, but she says that her company only…
‘I’m skeptical.’ 6 popular investment trends financial pros say you likely want to avoid
It’s easy to get sucked into the hype around many headline-making investments, be it meme stocks, crypto or…
I’m 62 and retired with $1M and no debt. My objective is income. A financial adviser wants 1.25%, but I’m wary of paying them regardless of performance. What’s my move?
Question: “I’m 62 and retired with $1 million in savings and zero debt. My objective is income. When…
Lebanon’s economic crisis: Gold reserves as a lifeline?
BOURJ HAMMOUD, Lebanon (AP) — Tiny Lebanon sits on one of the largest gold reserves in the Middle…
I’m 61. My wife and I have $1M saved and will get $14K a month in pensions. We own 3 homes — but won’t pay them off for 28 years. Can I retire next year?
Question: “I’m 61 and plan to retire when I turn 62. I will get a $3,375 monthly from…