Low oil price impact
Canadian Natural Resources Ltd. lost $776 million in the fourth quarter compared with a profit of $396 million a year earlier as it was hit by low prices for Canadian oil. However, the company raised its quarterly dividend to 37.5 per share compared with its earlier payment to shareholders of 33.5 cents per share. Canadian […]
Trade deficit hits record
Statistics Canada says the country’s merchandise trade deficit grew to a record $4.6 billion in December as lower crude oil prices prompted a drop in exports. The result followed a trade deficit of $2.0 billion in November. Exports were down 3.8 per cent to $46.3 billion in December. Exports of energy products fell 21.7 per […]
Shore up your finances before the next recession hits: Here’s how
A new survey of corporate finance chiefs finds that recession fears remain in the background as expectations for economic growth wane. Experts say Americans should take steps now so their personal finances will be able to weather the next downturn. On the heels of a fourth-quarter GDP report that found the economy growing at a […]
No Statistic Will Help You Beat the Market
There’s a statistic for everything, especially in investing. Writers and financial experts love to pick out minutiae from the markets and posit that they mean something BIG and EXPLOSIVE about the state of the economy—and now that you know it too, you have some sort of investing edge. (If you were paying attention to all […]
These surprising spending truths could upend your retirement
There’s one key message you’ve inevitably heard when it comes to planning for retirement: Save, save, save. Now it turns out that how you spend money during your golden years could have as much — if not more — of an impact on how well you live, according to research from J.P. Morgan Asset Management. […]
Women have a different approach to job hunting than men — and it seems to be more successful
Women appear to be more selective in their job hunting than men. Women are 16% more successful than men at landing a job after applying, and 18% more likely than men to be hired when applying for more senior roles, according to LinkedIn’s new Gender Insights report. One explanation for this success: Women are more […]