The S&P 500 has been making significant strides in 2023, with a rally mode that has seen it rise by over 15% thus far. Despite this positive trend, the index is still roughly 5% below its previous all-time high, indicating that the…
When it comes to buying a home, the down payment plays a significant role in shaping your financial journey. While a 20% down payment is often considered ideal, there are potential advantages to making an even larger down payment. Let’s explore the…
Meta Platforms has made waves in the social media world with the recent launch of Threads, a Twitter clone that has garnered an astounding 100 million users within days. While Meta’s Reels, a TikTok-like feature, has seen success, Threads presents an even…
In a groundbreaking move, the U.S. Food and Drug Administration (FDA) has granted approval for Perrigo’s Opill, a daily oral contraceptive, to be prescribed over the counter (OTC). This decision marks a significant milestone in women’s health, potentially revolutionizing access to contraception.…
Credit card debt can easily sneak up on unsuspecting consumers, especially when it comes to seemingly small balances. A recent study reveals that a $1,000 credit card balance, if not managed properly, can lead to exorbitant interest charges and prolonged debt. In…
According to Kokou Agbo-Bloua, a prominent economist at Societe Generale, central banks have reached a critical juncture in their fight against inflation. Despite the headline figure slowly approaching the Federal Reserve’s target of 2%, core prices, which exclude volatile food and energy…
In a world driven by innovation and rapid technological advancements, investors are constantly on the lookout for lucrative opportunities. If you’re interested in thematic investing and want to align your portfolio with emerging trends, we’ve got you covered. Today, we explore four…
Upcoming Interest Rate Decision The Bank of Canada (BoC) will press ahead with another interest rate increase in July. This comes despite predictions that the yearly inflation rate will considerably decelerate. The upcoming consumer price index report, unveiled by Statistics Canada this…
Inflation Takes a Dip, But Grocery Prices Remain High Canadians continue to grapple with rising grocery prices despite a slight reduction in Canada’s inflation rate, with a 3.4% year-over-year increase in May 2023 compared to April’s 4.4% rise. The inflation data from…
Earlier this year, UK Prime Minister Rishi Sunak promised to cut inflation in half by year-end, eyeing the crucial 2024 general elections. At the time, the annual consumer price inflation was at 10.1%, and many economists believed that this figure would naturally…