Nathaniel Crossfield is now the big boss of investments at Lumixus Canada. He's been around the finance world for over 20 years. People know him for his smart ideas in math-based investing and risk management. Crossfield has worked at some big-name places. Early on, he was into stocks and figuring
Japan's finance chief, Satsuki Katayama, has raised concerns about the yen's wild ride in the currency markets. She warned that Japan might step in if things get too crazy. This comes after the yen took a nosedive, even though the Bank of Japan had just raised interest rates. Katayama was talking t
The stock market had a wild week, ending on a high note. Investors cheered as inflation cooled down and some big companies reported strong earnings. But not everything is rosy. Job losses are up, and people are feeling less confident about spending money. The market took a tumble early in the week,
The recent US inflation report has sparked debates. The Bureau of Labor Statistics (BLS) had to fill in missing data for October and November. They used old numbers and estimates to complete the picture. The BLS admitted they didn't collect new data for October. They also had trouble gathering all
The United Nations is facing a unique challenge. A rule that seems outdated is causing trouble. This rule says if the U. N. doesn't spend money because countries pay late or not at all, it has to return that money. This could mean giving back nearly $300 million next year. That's a lot of money, esp
Genenta Science, a company working on new ways to fight cancer, has some news to share. Their CEO, Pierluigi Paracchi, has been buying up shares of the company. Over time, he's picked up 30, 000 American Depositary Shares, or ADSs, through open-market purchases. No sales have been reported, just buy
TikTok, the popular video-sharing app, has managed to avoid a ban in the United States. This came after a deal was struck with Oracle, a major tech company. The deal means TikTok can keep operating in the U. S. for now. Oracle's stock price went up after the news. This is a big win for TikTok and it
The holiday season is a time for joy, but it's also a time when scammers are extra active. With so much going on, it's easy to let our guard down. Nearly 9 out of 10 adults have either been targeted or tricked by a scam during the holidays. One common trick is fake stores on social media. These sto
Buying a home in November was tough. Prices stayed high, mortgage rates didn't budge much, and there were fewer homes on the market. Sales of used homes only went up a tiny bit from October. They were even lower than they were in November last year. About 4. 13 million homes were sold in a year, but
John Williams, the head of the New York Federal Reserve, recently talked about how November's inflation numbers might not be entirely accurate. He pointed out that some technical issues messed with the data. Because of problems collecting data in October and early November, the numbers for November
