New legislation may help make it easier to automatically enroll workers in retirement plans. But to keep retirees out of poverty, more fixes are necessary.
The bank agreed to a settlement with the Consumer Financial Protection Bureau, which includes $2 billion for affected consumers across a variety of accounts.
CBC | Anis Heydari | Dec 21, 2022 Financial products are being adapted to match the unique needs of many Muslims Challenge: Like many other Muslims, Mohiuddin's religious beliefs include restrictions on paying and receiving interest. Given that a typical Canadian mortgage includes interest charges, this has added an additional challenge to his quest to
As part of its massive $1.7 trillion spending package for 2023, Congress is planning to up the maximum annual Pell Grant award to $7,395 — a $500 increase.
Linklaters | Martyn Hopper | Dec 20, 2022 The digital asset market as a whole is experiencing turbulence. In the past year institutional investors have increasingly embraced crypto and other digital assets in their portfolios. As is often the case in distressed markets, there are now signs of a “flight to quality”. The decentralised finance
Most people like to think that they're rational. But — at least when it comes to investing — that's not always the case, Bob Pisani says in his new book.
City A.M. | Jonny Fry | Dec 19, 2022 Blockchain technology has already been successfully used for a number of years in Australia by a company called PEXA, which has recorded over 11million property transactions with enhanced protections, transparency of ownership process, and real-time settlement for a more efficient process for everyone involved. Proof of
Kitco | Jordan Finneseth | Dec 16, 2022 Global payments company MoneyGram has announced a new partnership with the Stellar Development Foundation (SDF), the non-profit organization founded in 2014 to support the development and growth of the open-source Stellar (XLM) network, to launch Stellar Aid Assist. According to the project's website, Stellar Aid Assist is
Given some of the subjective symptoms of long Covid, there's no guarantee that a claim filed for short- or long-term disability insurance will be approved.
There's still time to reduce your tax bill or boost your refund for 2022, according to financial experts. But the deadline is approaching.
High inflation outpaced a record Social Security cost-of-living adjustment this year. Here's the prices that rose the fastest for households ages 65 and up.
Coindesk | Nikhilesh De | Dec 19, 2022 More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone’s control over the weekend, after sitting dormant for more than three years. QuadrigaCX went bankrupt in 2019 after the apparent death of founder and
If you're retired and missed quarterly estimated tax payments for 2022, there's still a chance to avoid late penalties. Here's what to know.
CBC | Aastha Shetty | Dec 19, 2022 Communitech has received $38 million in federal funding to provide startups across Ontario, Manitoba and Saskatchewan with access to professional intellectual property supports. The funding comes from the federal government's new $90 million investment into business accelerators and incubators like Communitech. It's a part of the government's ElevateIP program, which
High inflation outpaced a record Social Security cost-of-living adjustment this year. Here's the prices that rose the fastest for households ages 65 and up.