Teck Resources profit down
Teck Resources Ltd. topped expectations in its first-quarter even as its profit fell compared with a year ago due to lower commodity prices and higher operating costs. The miner says it earned a profit attributable to shareholders of $630 million or $1.10 per diluted share for the quarter ended March 31. That compared with a […]
Oilsands underestimated
New federal research suggests greenhouse gas emissions from Alberta’s oilsands may be significantly higher than industry reports. In a study published Tuesday, Environment Canada scientists say four major oilsands mines are releasing an average of about one-third more carbon dioxide per barrel of oil than they report — a crucial number used for everything from […]
Major changes for consumer credit reports are starting to roll out
In late 2018, ConsumerAffairs heralded that two major changes in how credit scores will be determined were on their way. That time has come. Both Experian and the Fair Isaac Corporation (FICO) have tacked on new metrics in hopes of improving how it evaluates the overall creditworthiness of borrowers. With the aim of gaining a […]
5 things that reveal how cheap rich people are
There are millions of reasons to be frugal. “Ocean’s 8” and “Crazy Rich Asians” star Nora Lum — you may know the rapper and actress by her stage name, Awkwafina — seems to know this well. Though she’s worth millions, she recently admitted to many frugal habits. Earlier this month on the “Death, Sex & […]
This diet hack can cut around 100 calories a day
Turn on your tap to help stop pouring on the pounds. Kids, teens and young adults who don’t drink water end up guzzling almost 100 extra calories a day from sugary beverages, on average, according to a new study in JAMA Pediatrics. About one-fifth of the 8,400 subjects ages 2 to 19 in the nationally […]
Trump sues to block subpoena from House Democrats seeking information on his finances
President Donald Trump and his business filed suit against Democratic House Oversight Committee Chairman Elijah Cummings on Monday to block a subpoena sent last week seeking information about the president’s finances. In the complaint filed in Washington, D.C., federal court Monday morning, Trump’s lawyers said that Democrats have “declared all-out political war” against him. “Subpoenas […]
4 Retirement Mistakes You Can’t Afford to Make
Retirement is supposed to be an enjoyable period of life, but if you don’t plan for it properly, the opposite might end up holding true. Here are four mistakes that could derail your retirement and leave you cash-strapped and miserable at the same time. 1. Relying on Social Security alone Though Social Security helps millions […]
7 Money-Saving Tricks That Actually Work
Only 64% of workers in America have anything saved for retirement, according to the 2018 Retirement Confidence Survey — and a whopping 47% have less than $25,000 saved, per the prior year’s survey. Clearly, most of us have a lot more saving to do to avoid spending our last decades stressed out making ends meet. […]
Have nothing saved for retirement? Follow the ‘austerity’ solution
You’ve screwed up. You’re drowning in debt. You haven’t saved for retirement. You’ve chopped yourself to bits in the stock market. “Too late now, I’m screwed.” You are not screwed. The only way you are screwed is if you are at retirement age already. Then it is kind of too late. But if there is […]
Here’s How Much Workers Across Every Generation Have Saved for Retirement
Although you may know it’s not healthy to constantly try to keep up with the Joneses, it’s human nature to want to see where you stand in comparison to your peers — and it’s no different when it comes to saving for retirement. Everyone’s retirement needs are different, so everyone needs a different amount saved […]