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The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday that it is extending oil production cuts once again as crude and fuel prices continue to slump. The countries making up the organization will extend…
Note: All amounts discussed are in Canadian Dollars. Stock Prices refer to those on the TSX and not the OTC symbol. In May of this year, we switched to a Buy on Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN:CA) (“CAPREIT”) and acquired a chunk of shares. The REIT was…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Is the AI bubble deflating, or only just getting going? Nvidia shed nearly half a trillion dollars in stock market value in the four trading sessions after its latest quarterly earnings, even…
The Justice Department unsealed criminal charges against Russian-American political pundit Dimitri Simes on Thursday, alleging he was paid more than $1 million from a Russian news outlet in violation of US sanctions. According to the indictment, Simes coordinated and communicated with the Russian government, including President Vladimir Putin, while hosting…
Recently, I was on a company trip with my husband who is a wealth advisor. It was an awards trip for high performers. It has been fun over the years to meet people across the country and become friends. In past years, the conversations focused on sharing best practices about…
Mortgage rates are down again this week, but remain too high to spark any significant movement in the housing market as the affordability crisis remains set in. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.35% this…
The job with the highest burnout rate is also one of the most popular jobs companies are hiring for: Project manager. That’s at least according to recent research from LinkedIn, which surveyed more than 16,000 professionals in the U.S. between March and June. Four in ten U.S. workers report feeling stuck and…
We are initiating a position in Home Depot , buying 50 shares at roughly $361.22. Following the trade, Jim Cramer’s Charitable Trust will own 50 shares of HD at a weighting of about 0.55%. Now that the market is no longer overbought according to the S & P Short Range…
After years of prolific growth, US dollar stores have hit a downturn. Dollar Tree (DLTR) shares plunged 20% Wednesday after the company cut its outlook for the rest of the year, citing “immense pressures” on its low- and middle-income customer base. Dollar Tree also owns the long-struggling Family Dollar chain.…
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