Future of auto is online
The head of Hyundai Canada says the future of car buying is online, up to a point. President and CEO Don Romano says the company, which launched its Genesis line of higher-end cars as an online only option in 2016, learned that many buyers still want to walk through a showroom. Romano says the company, […]
Stock markets subdued
North American stock markets were fairly subdued despite the frenzy taking place in Washington, D.C., over efforts to impeach the U.S. president. The S&P/TSX composite index was up 6.11 points to 16,790.40, breaking a three-day slide. In New York, the Dow Jones industrial average was down 79.59 points at 26,891.12. The S&P 500 index was […]
Your health insurance costs are about to go up in 2020
Employers and workers will shell out more cash for health insurance in 2020. Large companies predict the total cost of workplace health-care coverage to reach an average of $15,375 next year, according the National Business Group on Health. That’s up from $14,642 in 2019. This figure combines workers’ and employers’ spending on insurance. Employees are […]
With this strategy, ‘you can’t avoid becoming a millionaire’
Can you spare $5 a day? If so, you could become a millionaire — one day. “If you start in your 20s with a couple of reasonable investments, you can’t avoid becoming a millionaire,” said Michael Taylor, author of “The Financial Rules for New College Graduates.” However, many young people are delaying or refusing to […]
A recession is coming: How to protect your retirement
With slowing global growth, trade wars, and inverted yield curves, it seems everywhere you look someone is talking about a recession. Will we have one? When? Will it be mild or severe? The only question anyone can accurately answer is the first one. Yes, we will have a recession. Recessions are part of normal economic […]
Women are struggling to find men who are financial equals
The marriage vow that usually involves a variation of “for richer or poorer” may no longer apply. Women may now want to add “as long as you make as much money as me.” It seems many men aren’t getting up to the income level that women prefer in a potential marriage partner, according to the […]