Stock market news lives updates: S&P 500 hits another 2022 low as markets falter
On Tuesday, U.S. stocks ended with a mixed performance. The S& P 500 set a new 2022 low, while the Dow Jones Industrial Average fell deeper into a bear market. This was the day after a very volatile trading period.
The…
Read More...
Read More...
Scotia CEO appointment surprising,’ but no substantial strategy shift expected:
Analysts say that Bank of Nova Scotia's decision to hire a new CEO from outside its senior ranks is unusual, but most don't think it will cause a big change in how the Canadian bank does business.
Bank of Nova Scotia (BNS) (BNS.TO) said…
Read More...
Read More...
Why economics and personal finance don’t agree
Avoid incurring credit card debt. Start a fund for bad times. Start saving early for your golden years. And you should never, ever, ever forget how important compound interest is.
Most experts in personal finance agree on these kinds of…
Read More...
Read More...
Apple will manufacture iPhone 14 in India
NEW DELHI- Apple Inc. said on Monday that the iPhone 14 will be made in India. This is part of a trend of companies moving production out of China because of geopolitical tensions and pandemic restrictions that have messed up supply chains…
Read More...
Read More...
Volkswagen’s Powerco creates 2.2M EV batteries
Volkswagen's new battery company, Powerco, said on Monday that it would partner with Umicore to make materials for the batteries of about 2.2 million electric vehicles. The new joint venture is a big step forward because it creates one of…
Read More...
Read More...
How the falling loonie may impact your personal finances
On September 23, the Canadian dollar was worth as little as 73.69 U.S. cents. This is a significant drop from a high of 80 cents US earlier this year.
I'll tell you how the falling value of the loonie could affect your finances and give…
Read More...
Read More...