Tech workers navigate layoffs, wage pressures. A closer look

Bloomberg
Canada Bank Watchdog Warns of Housing-Payment Shock by 2026
(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe “payment shock” faced by some borrowers is
The Canadian Press
London Drugs says it's unwilling to pay ransom demanded by hackers
RICHMOND, B.C. — Retailer London Drugs says it is "unwilling and unable" to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a hacking attack that recently shut down its stores for more than a week.
BuzzFeed
People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City
"Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did."
The Motley Fool
Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA
Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.
Business Insider
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it accelerates diversification from dollar assets.
The Motley Fool
A Dividend Giant I’d Buy Over Suncor Energy Stock
Suncor Energy stock has crushed the broader markets in the last 20 years. But this TSX energy stock has beaten Suncor by a wide margin. The post A Dividend Giant I’d Buy Over Suncor Energy Stock appeared first on The Motley Fool Canada.
The Motley Fool
1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever
Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
The Motley Fool
Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield
Two high-yield monthly income stocks are attractive options for dividend investors, including retirees. The post Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield appeared first on The Motley Fool Canada.
INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
StockStory
Shopify (SHOP) Shares Skyrocket, What You Need To Know
Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 5.4% in the morning session after Goldman Sachs analyst upgraded the stock's rating from Neutral to Buy and raised the price target from $64 to $74. The new price target represents a 25% premium from where shares traded when the upgrade was announced. The analyst added, "Given Shopify's significant technology moat in eCommerce software and share gain across eCommerce cycles, we believe these investments will drive more durable rev
Bloomberg
‘All Eyes on TD,’ US Probes as Canadian Bank Earnings Begin
(Bloomberg) -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorIt’s “all eyes on TD,” Bank of America Securities analysts led by Ebrah
The Motley Fool
Is This Top Dividend Stock a Buy for Passive Income in May 2024?
Choosing the right dividend stock for a passive-income stream is challenging because it relies just as much on predicting the future as it does on deciphering the past. The post Is This Top Dividend Stock a Buy for Passive Income in May 2024? appeared first on The Motley Fool Canada.
Reuters
Canada's Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
The Motley Fool
3 Copper Stocks to Buy as the Commodity Continues to Soar
Are you looking to get in on the growth of copper stocks? These are the biggest heavy hitters out there and could continue to surge in share price. The post 3 Copper Stocks to Buy as the Commodity Continues to Soar appeared first on The Motley Fool Canada.
The Motley Fool
2 No-Brainer TSX Stocks I’d Buy Right Now Without Hesitation
Even no-brainer stock picks can be more or less attractive at a particular point in time based on market conditions and their valuation. The post 2 No-Brainer TSX Stocks I’d Buy Right Now Without Hesitation appeared first on The Motley Fool Canada.
The Motley Fool
Could Enerflex Become the Next Enbridge?
Enbridge is a high-dividend TSX stock that has created massive wealth for shareholders. Here's one TSX stock that can outpace Enbridge. The post Could Enerflex Become the Next Enbridge? appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cut
"Canadians look likely to get a small dose of rate relief in the coming weeks."
Barrons.com
GameStop, AMC Are Down. Investors Lost $13 Billion on Meme Stocks Last Week.
Meme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.
SmartAsset
Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should We Cash In?
Our investments were $450,000 and are now $250,000. How much do I lose before I cash in investments? -Liz I'm sorry that you've experienced such a significant financial loss. I know that can be stressful and scary as you wonder whether … Continue reading → The post Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments? appeared first on SmartAsset Blog.

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Tech workers navigate layoffs, wage pressures. A closer look

Latest Stories

Canada Bank Watchdog Warns of Housing-Payment Shock by 2026

London Drugs says it's unwilling to pay ransom demanded by hackers

People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA

China ramps up de-dollarization efforts by dumping a record amount of US bonds

A Dividend Giant I’d Buy Over Suncor Energy Stock

1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever

Nvidia earnings could spark $200 billion swing in shares, options show

Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

Shopify (SHOP) Shares Skyrocket, What You Need To Know

‘All Eyes on TD,’ US Probes as Canadian Bank Earnings Begin

Is This Top Dividend Stock a Buy for Passive Income in May 2024?

Canada's Power Corp shuts down China unit, lays off staff, sources say

3 Copper Stocks to Buy as the Commodity Continues to Soar

2 No-Brainer TSX Stocks I’d Buy Right Now Without Hesitation

Could Enerflex Become the Next Enbridge?

Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cut

GameStop, AMC Are Down. Investors Lost $13 Billion on Meme Stocks Last Week.

Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should We Cash In?