Gas profits under wraps
An impasse may be developing just days before hearings are set to begin at the British Columbia inquiry examining possible reasons for soaring gas prices in the province. The B.C. Utilities Commission has been ordered to review the last four years of gas and diesel pricing in the province and wants suppliers to complete a […]
Merchandise exports rise
Statistics Canada says the country posted a $762-million international merchandise trade surplus in May as the auto sector helped boost exports to a record level. Economists had expected a deficit of $1.5 billion for the month, according to Thomson Reuters Eikon. The surplus came as exports rose 4.6 per cent to a record $53.1 billion […]
This could be the time for retirees to lock in an interest rate for their cash
It’s getting harder to generate a good return on your cash. An analysis of Federal Deposit Insurance Corp. data by behavioral economics consulting firm Analyticom found that rates for certificates of deposits (CDs) are falling across the board for the first time in five years. Long-term CD rates began falling in January, Analyticom founder Dan […]
Why It’s Worth Spending Money to Save More of It
A lot of personal finance advice gets caught up in the little things—the cup of coffee you buy in the morning for $3. The streaming music subscription for $9.99 per month. Cut out these small expenses and clutch those dollar bills and you’ll save thousands of dollars each year. But of course it’s not that […]
Don’t believe these Social Security myths
Researchers tell us that most people would be better off waiting to claim Social Security Opens a New Window. benefits. Yet most people file early Opens a New Window. . More than half apply for Social Security before they reach full retirement Opens a New Window. age, which is currently 66 and rising to 67 […]
Why kids need to know far more about personal finance than they do right now
How much did you know about investing when you were thirteen? About 30% of adults under the age of 45 have a relatively low level of financial literacy, according to a survey conducted by the TIAA Institute. Tim Sheehan, CEO and co-founder of family finance app Greenlight, joined Yahoo Finance’s the Final Round to discuss […]