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‘Can’t even pay my rent’: Many U.S. Olympic athletes earn less than $15k a
Discus thrower Veronica Fraley shared her financial struggles in a post on X — and support soon flowed in from prominent Olympic boosters Flavor Flav and Alexis Ohanian
Read More: ‘Can’t even pay my rent’: Many U.S. Olympic athletes…
Intel’s stock plunges as company cuts 15% of workforce, struggling to fund
Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chipmaking…
My grandfather co-signed my cousin’s student loan. After my grandfather
“The loan is now in default, and I have no idea where this grandson is.”
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Global stock markets end week in a slump over fears of U.S. recession
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent …
The U.S. economy is getting closer to a recession. What is the Fed waiting
The Fed should cut rates by 0.5% before the Jackson Hole meeting in late August, says Investment manager Louis Navellier.
Read More: The U.S. economy is getting closer to a recession. What is the Fed waiting
Enbridge makes progress on utility purchases; raises earnings forecast
Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities.The Calgary-based energy infrastructure company said Friday it now expects…
Intel is struggling inside and out — and recovery will test investors’
Blue but no longer blue-chip, Intel hasn’t been able to match Nvidia, AMD, Qualcomm and Arm Holdings.
Read More: Intel is struggling inside and out — and recovery will test investors’
First-time homebuyers can now apply for a 30-year mortgage. Is that a good
The 30-year amortized mortgages announced in the 2024 federal budget are kicking in on Thursday.First-time homebuyers who are purchasing newly built homes can now qualify for a 30-year mortgage, giving them five additional years to pay…
USA Today parent Gannett’s stock tumbles 10% after revenue falls short of
Gannett Co. Inc.’s stock rose 2.9% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss.
Read More: USA Today parent Gannett’s stock tumbles 10% after revenue…
Competition Bureau studying Canadian airlines amid ‘relatively high’
Canada's Competition Bureau has launched a market study into the country's domestic air passenger service, noting that fares remain pricier than they were before the COVID-19 pandemic.In the study's terms of reference published earlier…