Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are
In 2026, the crypto world might see a surge in ETF launches, thanks to clearer rules from the SEC. This could lead to a lot of new crypto ETFs hitting the market. But not all of them will survive. Many might struggle and get shut down within a year and a half, according to experts. The SEC recently
Divorce is often talked about in different ways, like "power divorce" or "gray divorce. " These labels make it seem like some breakups are more dramatic or complex than others. But in reality, divorce is always tough, no matter the circumstances. One expert, Jenny Hutt, has seen many marriages fall
The subprime auto loan industry is under scrutiny after a major player, Tricolor Auto, went bust in September. The company's downfall raised eyebrows on Wall Street, sparking worries about the health of the industry as a whole. Fast forward to December, and federal prosecutors in New York have made
The Francis Scott Key Bridge, which fell apart in 2024, is a big deal. It was a major route for trade and travel. Now, Maryland is figuring out how to pay for fixing it. They plan to borrow money first, then pay it back later. This is called issuing bonds. Bruce Gartner, who runs the Maryland Trans
Coinbase, a major player in the crypto world, is now stepping into new areas. They are adding stock trading and event contracts to their platform. This move is part of a bigger trend where investment platforms are trying to offer more services to keep customers trading with them. Event contracts le
Many actors and actresses have taken on roles that they might not have otherwise chosen, all for one simple reason: money. It's not always about passion or art; sometimes, it's about putting food on the table or keeping the lights on. Take Al Pacino, for example. He admitted that he took on a role
In the world of finance, not everything is as it seems. Tricolor Holdings, a company that specialized in lending money to people with poor credit for used cars, is now facing serious accusations. The company's executives, Daniel Chu and David Goodgame, are alleged to have misled banks and investors
Bitcoin's story is a wild one. It all started in 2009 when Satoshi Nakamoto mined the first block. No one knew what it would become. Early days were all about experimenting. People gave away Bitcoin for free. Someone even bought pizza with 10, 000 BTC. That's a lot of pizza! Things got serious when
Managing money can be tough, but some banks make it easier with built-in budgeting tools. These tools help track spending, set savings goals, and even categorize expenses automatically. This means no more manual tracking or guesswork. Ally Bank is great for savers. It lets you create "buckets" to o
