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News: Money

Longtime McDonald’s worker faced hardship. Then customers stepped in: ‘Wendall Needs Us To Serve Him Now.’

Saturday  20:51,   13 october 2018
washingtonpost

Wendall Gill, who is 85, is mourning his wife, taking care of two special needs grandchildren on his own — and still working at McDonald’s several days a week to make ends meet. Over the past few days, people keep walking up to him and handing him... >>>

The World Is Due Another Financial Crisis. It Could Start in Italy.

Saturday  16:51,   13 october 2018
nytimes

The Italian government has defied eurozone rules with a lavish spending plan and squandered credibility with bond investors. The turmoil could rock the globe.History suggests that the world is about due for another financial crisis. One of the... >>>

NAFTA talks forced Canada to pick a side in U.S.-China trade war

Saturday  12:51,   13 october 2018
cbc.ca

When the Trudeau government agreed to a revised North American free trade deal, the Americans said Canada also joined something else: Donald Trump's trade war on China. In the face of economically-destructive tariffs, staying neutral came at too >>>

Warren Buffett's advice for a stock market crash

Saturday  10:27,   13 october 2018
fool

Stock market crashes are inevitable. But there's no reason to fear... >>>

China-US surplus hits record, adding fuel to trade war

Saturday  10:27,   13 october 2018
msn

China-US surplus hits record, adding fuel to trade... >>>

Doug Ford Is Wrong: The Minimum Wage Hike Hasn't Killed Businesses

Saturday  10:27,   13 october 2018
huffingtonpost.ca

Good jobs create more jobs. Ontario Premier Doug Ford needs to understand that before he goes telling the Ontario Legislature, as he was quoted in online publication Queen's Park Today as saying, that the bill has caused businesses to leave... >>>

Sears aims to close up to 150 stores in bankruptcy, sources say

Saturday  01:27,   13 october 2018
reuters

Sears is planning to close up to 150 of its department and discount stores and keep at least 300 open as part of a plan to restructure under U.S. bankruptcy protection, people familiar with the matter said Friday.The plans, which remained in flux... >>>

Canadian dollar steadies as oil and stock prices rebound

Saturday  01:03,   13 october 2018
reuters

Canadian dollar steadies as oil and stock prices rebound ed, but the loonie lost ground for the week as investors worried about threats to the global growth outlook. At 3:47 p.m. (1947 GMT), the Canadian dollar (CAD=D4) was trading nearly unchanged... >>>

Nearly 1 In 4 Canadians Feel Crushed By Their Debts: BDO Canada Affordability Index

Friday  22:27,   12 october 2018
huffingtonpost.ca

Nearly 1 In 4 Canadians Feel Crushed By Their Debts: BDO Canada Affordability IndexAccording to BDO Canada's first Affordability Index released this week, Canadians struggling the most with debt tend to be younger, earning less, and are dealing with >>>

Global business leaders suspend ties with Saudi Arabia

Friday  20:03,   12 october 2018
msn

Global business leaders suspend ties with Saudi ArabiaBritish billionaire Richard Branson on Friday suspended business links with Saudi Arabia, and Uber CEO Dara Khosrowshahi said he might not attend a major investment conference in the country this >>>

How to keep your cool in a falling market

Friday  18:51,   12 october 2018
fool

Follow these steps, and you can actually make money after a market plunge.Investing in the stock market takes discipline. Just when you think everything looks like smooth sailing and your portfolio is moving steadily higher, market volatility shows... >>>

Tesla says orders placed by October 15 eligible for full tax credit

Friday  10:51,   12 october 2018
reuters

Electric carmaker Tesla Inc said http://bit.ly/2NCbs1r all orders for its vehicles placed by Oct. 15 are eligible for full federal tax credit of $7,500 and such customers will get their cars delivered by the end of the year. Under a major tax... >>>

Share prices bounce back on report Trump, Xi to meet at G-20

Friday  10:51,   12 october 2018
msn

SINGAPORE - Share prices in Asia rebounded Friday on a report that President Donald Trump and his Chinese counterpart Xi Jinping may meet at the Group of 20 summit in Argentina in late November. The Wall Street Journal said the White House had... >>>

Canada's Air Transat says airline deal with Thomas Cook could expand

Friday  10:51,   12 october 2018
reuters

Canada's Air Transat (TRZ.TO) could expand a partnership deal with the airline arm of British tourism group Thomas Cook (TCG.L) to include codesharing and interlining, the boss of the Canadian carrier said. Codesharing is a way of airlines... >>>

Oil prices rise, but still set for weekly fall amid equities rout

Friday  07:27,   12 october 2018
reuters

Oil prices rise, but still set for weekly fall amid equities routBrent crude futures rose 33 cents, or 0.4 percent, to $80.59 a barrel by 0256 GMT. The contract fell 3.4 percent on Thursday, dropping to as low as $79.80, its weakest since Sept. 24.... >>>