As inflation and high housing costs continue to bite Canadians, Toronto resident Annie Gibson is concerned and frustrated at the prospect of the rent going up for her one-bedroom apartment. The owner of her building in the west-end neighbourhood of Parkdale is looking to increase the rent by 5.5 per …
Read More »Tesla and Toyota Have a Surprising Edge Over Every Major Car Brand
While the decades-old jokes and debates usually relate to boat upkeep (Bring Out Another Thousand), a flashy car with expensive parts can be no less of a financial strain long after the initial purchase has been paid off. Maintenance costs are also not always directly related to the flashiness of …
Read More »New home sales rise for 3rd straight month in December
Sales of new US single-family homes increased for a third straight month in December as mortgage rates continued to decline, offering hope that the struggling housing market was starting to stabilize. New home sales increased 2.3% to a seasonally adjusted annual rate of 616,000 units last month, the Commerce Department said on Thursday. November’s sales pace was …
Read More »China’s Tourist Sites Welcome Huge Holiday Crowds
China’s major tourist sites are seeing a surge in visitors during the Lunar New Year holiday, as domestic tourism gradually revives after three years of coronavirus restrictions. Tickets for popular attractions in the southwestern Sichuan province — including the Sanxingdui Museum and Leshan Giant Buddha — have been sold out …
Read More »5 things to know before the stock market opens Friday, January 20
Here are the most important news items that investors need to start their trading day: 1. January rally loses steam Just like many a New Year’s resolution, January’s stock market rally has faded after just a few weeks. All three major indicies are headed for a losing week, while the …
Read More »Hong Kong experts highlight the usefulness of coding from a young age to enhance international school students’ problem-solving skills
For its youngest learners, BSD designed a number of tools to help children understand the mindset of coding. In essence, youngsters under six are introduced to coding and programming through play. By taking part in interactive “unplugged” activities and team games, the children develop coordination, logic, communication and social skills. …
Read More »How to get your credit score above 800 and keep it there
Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” …
Read More »Holiday sales tanked, trucking data shows e-commerce wasn’t the issue
The market did not like what it saw from the final retail holiday sales numbers for 2022 which sets up a tough year for retailers, but e-commerce is continuing to boom, including in areas outside the core retail consumer. Trucking data shared by DHL with CNBC shows that while the …
Read More »Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of its interest rate increases. Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point …
Read More »Seattle sees steepest rent declines among major US metros
The Space Needle stands near apartments in Seattle. Photo: Mike Kane/Bloomberg via Getty Images While Puget Sound housing remains among the most expensive in the nation, Seattle saw the steepest monthly decline in rent among major metros in December, based on a Zillow report released yesterday. Driving the news: Typical …
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