A Week In Charlotte, NC, On A $120,000 Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. Today: A marketing consultant working in finance who makes $120,000 per year and spends some of her money this week on an Aritzia Super Puff jacket. Editor’s note: This diary discusses depression, weight loss, and a mental health...

Some N.S. seniors struggling financially say they need support from friends, family to make ends meet

According to a recent report, one in 10 seniors in Nova Scotia are living in poverty. Some Cape Breton residents 65 and older say money is getting tighter each year — but they're making it work with the support of family and friends. Erin Pottie shares some of their stories.

'Always a reason to buy beauty': Young shoppers keep cosmetics hot despite inflation

TORONTO — In Keon Zhang's household, it started with a rite of passage: his eight-year-old discovering a pimple. "She was like, 'Daddy, I need to get rid of them ... I need a skin care routine,'" said the chief executive of beauty brand Back to Earth Skin. "And then, here my son comes up and he's like, 'Do I need it?'" For others, the impulse to di...

London music venue saved from closure after £35,000 raised in 22 hours

A music venue in south London has been saved from closing its doors after receiving £35,000 in donations in less than 24 hours, which the business co-founder said was “insane”. Keiron Marshall, 34, co-founded The Sound Lounge – a grassroots music venue specialising in live concerts and serving plant-based food – with his wife, Hannah White, 44. The...

Biden wants people to know most of the money he's seeking for Ukraine would be spent in the US

MESQUITE, Texas (AP) — At a bustling construction site outside of Dallas, there are hopes that Congress can finally pass nearly $95 billion in foreign aid including funding for Ukraine — because factory jobs in the United States depend on that money. Aerospace and defense company General Dynamics’ new factory in the Dallas suburb of Mesquite is exp...

EU to unblock €100 billion for Poland after government change - FT

Brussels is studying ways to provide over 100 billion euros in EU funding for Poland, even if the country's president vetoes Donald Tusk's judicial reform, according to the Financial Times. The European Commission froze funding during a prolonged dispute with the previous government led by the Law and Justice party (PiS). To access the funds, the g...

JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says

(Reuters) -JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank, a SEC filing showed on Thursday, marking the first time the head of the largest U.S. lender has sold shares since taking charge in 2005. Dimon and his family intend to sell 1 million of their 8.6 million shares, the bank had said in a filing last October. Dimon, one of the longest serving chief

A Week In Chicago Suburbs, IL, On A $115,000 Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. Today: A CPG manager who makes $115,000 per year and spends some of her money this week on a chandelier. Occupation: Manager Industry: Consumer Packaged Goods Age: 27 Location: Chicago Suburbs, IL Salary: $115,000 Net Worth: $168,672...

Biden’s $6b Iran payment sparks criticism amidst Hamas attack in US, not Israel - analysis

Meanwhile, no one in Jerusalem is talking about the $6 billion that the US freed up for Iran last month as part of a prisoner swap with the Islamic Republic.

New York AG says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays. New York Attorney General Letitia James told ABC News on Tuesday that she will seek to se...

Kansas lawmakers are allowing a 93% pay raise for themselves to take effect next year

TOPEKA, Kan. (AP) — Kansas is set to nearly double state legislators' pay at the start of next year, making their compensation better than it is for their counterparts in a majority of states, including more populous ones like Georgia and Texas. The increase is nearly $28,000 a year for rank-and-file legislators, boosting their total compensation f...

Breakdown of the $95,000,000,000 aid to Ukraine and Israel passed by US Senate

Deputy minister: Ukraine could receive $4 billion from frozen Russian assets in 2024

Already this year, Ukraine could receive $4 billion from Russian assets frozen by the EU and the Group of Seven (G7) countries, Deputy Justice Minister Iryna Mudra told Forbes Ukraine in an interview published on Feb. 14. The sum could go up to $15-$18 billion over the next four years, she added. Western countries and other partners immobilized aro...

Ed Woodward to pocket huge windfall from Sir Jim Ratcliffe's Man Utd deal

A big payday for the club's former chief executive.

The Best Passive Income Streams to Help Fund Your Future

These passive income streams offer long-term options you can pursue on your own time, creating cash that can fund your future for life! The post The Best Passive Income Streams to Help Fund Your Future appeared first on The Motley Fool Canada.

Company out $35M after scammers stage video call with deepfake CFO, coworkers

The employee was tricked into transferring $200 million Hong Kong dollars into five bank accounts after joining a video call with convincing AI fakes of their coworkers.

Because I earn £24,500, my husband and I have no chance of being together

It’s crushing, not to be with the man you love.

Passive Income: How to Make $1,000 Per Month Tax-Free

Are you interested in passive income? Here’s how you can make $1,000 per month tax-free! The post Passive Income: How to Make $1,000 Per Month Tax-Free appeared first on The Motley Fool Canada.

Judge approves Binance $4.3 billion guilty plea as US seeks to modify founder Zhao's bond

By Jonathan Stempel (Reuters) - A U.S. judge on Friday accepted Binance's guilty plea and more than $4.3 billion penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world's largest cryptocurrency exchange. U.S. District Judge Richard Jones in Seattle approved the plea, which includes a $1.81 billion criminal fine and $2.51 billion of

Qatar's money defiles the world - opinion

MIDDLE ISRAEL: The contamination of American academia is only part of the princedom’s subversive record.

L’Oréal heiress, Françoise Bettencourt Meyers, becomes first woman to have $100 bln fortune

Françoise Bettencourt Meyers, the L’Oréal heiress and entrepreneur, becomes the first woman to accumulate a wealth of $100 billion, according to a list of the richest people in the world, The Guardian and BBC report. 70-year-old Bettencourt Meyers crossed the number on the Bloomberg Billionaires Index, making her the 12th richest person in the worl...

Overspending or undercharging? These can be signs that trauma has shaped your relationship with money

Here's how your mental health can affect your finances, and vice versa

Business Report: Big earnings for Tim Hortons

Profits are surging for the parent company of Tim Hortons. Plus, why markets are plummeting on both sides of the border, and a look at how much the average Canadian plans to spend on Valentine's Day. Fil Martino has the day's top business stories.

Goldman Sachs treasurer in talks to potentially leave bank, FT reports

(Reuters) - Goldman Sachs treasurer Philip Berlinski, who was once touted as a likely CFO candidate is in talks about potentially leaving the bank, the Financial Times reported on Friday, citing people familiar with the matter. Berlinski is currently the global treasurer of Goldman Sachs and chief executive officer of Goldman Sachs Bank USA, as per the company's website. He joined Goldman as an

Electric vehicles: money savers, or money pit?

Chris Blay had a decision to make in September 2021. The senior network architect was a longtime Audi driver, but with his latest lease coming up, Blay became interested in the Teslas filling the roads. “Tesla released the Model 3, and it was meant to appeal to the premium mid-range market,” Blay says. “Since we had another gas car for longer distance trips, I decided we could get an electric vehicle and Tesla was my preferred car.” Switching...

Coins found by two metal detectorists sold at auction for more than £325,000

A hoard of 122 Anglo-Saxon pennies that was found by two metal detectorists has sold at auction for £325,560. It is thought the coins, discovered near Braintree in Essex, were buried in 1066, the year of the battle between English and Norman armies for the throne of England. An expert said there was a “tantalising possibility” that the reason they ...

Canada affordability crisis: What steps are being taken to address issue?

Money expert Rubina Ahmed-Haq breaks down the latest Ipsos poll revealing that affordability remains the top concern for Canadians. How Ottawa plans to address the issue. Plus, practical money-saving tips, from shopping habits to planning events.

Report: Kylian Mbappe agrees to five-year deal with Real Madrid

Top French striker Kylian Mbappe has agreed to a deal with Real Madrid, BBC Sport reported on Tuesday.

Morocco welcomes the annual meeting of the IMF and World Bank a month after its deadly earthquake

MARRAKECH, Morocco (AP) — Less than a two-hour drive from where families sleep in tents and earthquake rubble remain in piles, the world's most powerful financial institutions are gathering for a week of discussions on economic challenges during times of war, inequality and climate change. The International Monetary Fund and World Bank decided in 2...

Why are we so obsessed with being rich?

Comparison is the thief of joy – and a whole lot more.

Super Bowl bets worth billions

Nearly 68 million Americans were expected to bet on the Super Bowl, with an estimated $23 billion wagered on who will win the game and other bets.

'Money is there' for more medical residencies, but minister says provinces must act

Employment Minister Randy Boissonnault says the federal government has provided provinces with money that could be used to expand the number of residency slots to train more doctors. 'If you want to talk about having more spaces for more docs,' ask the premiers, he said.

This week in Jerusalem: Money for the city

A weekly round-up of city affairs.

5 world’s richest men double fortunes while 5 bln people becoming poorer - Inequality report

The five richest people in the world - Elon Musk, Jeff Bezos, Warren Buffett, Bernard Arnault, and Larry Ellison - have obtained even more wealth lately, doubling their fortunes. Since 2020, their combined wealth has gone up by 114% to a total of $869 billion, adjusted for inflation, according to Oxfam’s annual inequality report, CNN and CNBC repor...

Federal judge affirms MyPillow's Mike Lindell must pay $5M in election data dispute

ST. PAUL, Minn. (AP) — A federal judge on Wednesday affirmed a $5 million arbitration award against MyPillow chief executive Mike Lindell in favor of a software engineer who challenged data that Lindell said proves China interfered in the 2020 U.S. presidential election and tipped the outcome to Joe Biden. Lindell said he plans to appeal. Asked if ...

Manitoba clinic owner puts up $700K of own money to bring over doctors

Dr. Shadi Rezazadeh began putting up her own money when she discovered she needed to offer more to convince doctors from the United Kingdom to work with her in Winnipeg. She wants the government to offer better assistance to address physician recruitment.

Dollar and euro rise in price: Current exchange rates

The exchange rate of the dollar in Ukraine continued to rise at the beginning of the week due to an increase in the interbank market, according to market monitoring data. As of the morning of January 8, the average selling rate of the dollar in Ukraine increased by 10 kopecks to 39.30 hryvnias, while the euro rate rose by 5 kopecks to 42.95 hryvnia...

Stop Losing Money by Renting Cars: Here’s How to Afford One of Your Own

Young Canadians aren't buying cars, even though it could help them earn more cash each year. Here's how to not break the bank. The post Stop Losing Money by Renting Cars: Here’s How to Afford One of Your Own appeared first on The Motley Fool Canada.

New Year, New Money: CPP Benefits Increase in 2024

If you don't benefit from CPP enhancement, you may benefit from dividend stocks like the Toronto-Dominion Bank (TSX:TD). The post New Year, New Money: CPP Benefits Increase in 2024 appeared first on The Motley Fool Canada.

Total cost of ArriveCan 'impossible to determine,' auditor general finds

A new auditor general report has found the final cost of the controversial ArriveCan app is 'impossible to determine' due to what it says is poor financial record-keeping.

Wisconsin Assembly approves increases in out-of-state outdoor license fees to help close deficit

MADISON, Wis. (AP) — The Wisconsin Assembly approved a bill Thursday that would raise a variety of hunting, fishing and trapping license fees for out-of-state residents to help shrink a deficit in the state's fish and wildlife account. The Assembly passed the legislation 97-0, sending it to the Senate. The state Department of Natural Resources esti...

Spain travel warning for UK tourists to avoid hefty £8,000 fine

Check your paperwork.

Is retirement realistic for millennials? Why they say they need to save more

BMO's annual retirement survey, released Wednesday, found Canadians ages 28 to 44 believe they will need about $2.1 million to retire, the highest among all adult generations.

Need help with your budget? These simple tools can help

Worried about staying on budget and meeting your financial goals? These smart tools can help.

Tory MP quits his £100,000 minister role because he couldn't afford his mortgage

The Prime Minister's official spokesman said: 'It's right that we ensure that ministerial pay reflects the wider fiscal situation.'

Here's where your concert ticket money goes

If you’ve tried to buy concert tickets recently, you’ve probably experienced frustration. From higher prices to tacked on “service” and “convenience” fees, you’ve probably wondered where your ticket money has actually been going. From hordes of angry Taylor Swift fans unable to buy tickets, to service fees that doubled the cost of seeing The Cure, it appears that business is casting shade over the art. Live Nation, the company that owns...

IMF unlikely to cover Ukraine's additional mobilization costs

Alfred Kammer, head of the International Monetary Fund's European Department, expects Ukraine to generate domestic revenues to finance the growing costs of war and mobilization, according to Voice of America. "I always emphasize very clearly that we expect domestic revenues to be generated. Strengthening the economy, structural reforms that support...

Nissan posts 6% Q3 profit rise, missing estimates

TOKYO (Reuters) - Japan's Nissan Motor posted on Thursday a 6.4% rise in third-quarter operating profit to 141.6 billion yen ($951.80 million), missing analysts' estimates, and maintained its annual outlook. The result compared with an average estimate of 179.8 billion yen in a poll of nine analysts by LSEG and a 133.1 billion yen in the same period a year earlier. The automaker maintained its

Japanese stocks outshine Europe and U.S. before key inflation data

By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) -Japanese shares touched a 34-year peak on Tuesday, while European stocks and S&P 500 futures slipped as investors waited for a U.S. inflation report that could shape Federal Reserve policy. Treasuries and the dollar were little changed before the inflation numbers. Bitcoin remained just above $50,000 after crossing the threshold

Atlanta's Spelman College just got the largest-ever single donation to an HBCU

ATLANTA (AP) — A billionaire couple is giving $100 million to Atlanta's Spelman College, which the women's school says is the largest-ever single donation to a historically Black college or university. The donation was announced Thursday by Ronda Stryker and her husband William Johnston. She is the billionaire granddaughter of the founder of medica...