52% of Black Americans say homeownership is a mark of success, report finds. But it can conflict with other goals
While homeownership is a path to build wealth, a mortgage payment and other housing-related expenses can cause financial strain.
While homeownership is a path to build wealth, a mortgage payment and other housing-related expenses can cause financial strain.
BoC Payments Consultation | Feb 21, 2024 Seeking Feedback: Bank of Canada Drafts Supervisory Guidelines for Payment Service Providers (PSPs) The Bank of Canada has recently announced a consultation phase for its draft supervisory guidelines under the Retail Payment Activities Act and its regulations. This legislative framework requires PSPs registered with the Bank of Canada
There's a disconnect between what near retirees expect from Social Security in retirement and what the program provides, a new survey finds.
The new FAFSA eliminates questions about grandparent contributions, effectively creating a "loophole" for grandparents to fund their grandchild's college fund.
While both housing and rent prices have outpaced wage growth in most areas, renting can be less expensive in most markets.
Women in AI | Feb 21, 2024 Bridging the Gender Gap in Artificial Intelligence A recent TechCrunch article titled "The women in AI making a difference" highlights the significant contributions of women in the field of artificial intelligence (AI), aiming to give them the recognition they deserve. Some of the notable individuals mentioned include: Irene
The IRS plans “dozens of new audits” of corporate jet usage as part of its increased scrutiny of large corporations, complex partnerships and top earners.
Release | Feb 21, 2024 Round13 Digital Asset Fund (DAF) Posts Over 40% Gains Despite Volatile Market TORONTO – February 20, 2024 – Round13 Digital Asset Fund (DAF), a native crypto fund in Canada with an innovative open-ended structure, announced yesterday gains exceeding 40% since its inception in April 2022, despite the turbulent market backdrop.
AI | Feb 21, 2024 Revolutionizing Industries and Raising Ethical Questions. AIs Dual-Edge Sword The AI landscape is rapidly evolving, with recent developments sparking both excitement and concern. Here's a roundup of the latest significant updates: OpenAI's Ambitious Funding Goals and Ethical Concerns Sam Altman, the face behind OpenAI, has been in the spotlight for
Feb 21, 2024 75% of Canadians are involved in some form of gambling, with lotteries (45%) reigning supreme. Sports betting (12%) while casinos (26%) follow closely behind. Males of the 45-64 age group of Canada participate more in gambling. Low-income individuals gamble more and face greater risks of problem wagering. 65% of Canadians over 18
While Black women in the U.S. are outpacing Black men as homebuyers, buying still isn't easy. Here are a few hurdles that affect homeownership for Black women.
The Biden administration has been working on a new student loan aid package ever since the Supreme Court blocked its first relief plan. Here's who may qualify.
In a world increasingly conscious of environmental and social issues, startups have a unique opportunity to lead the way in sustainable business practices. Merging purpose and profit is not just a trend; it could become a strategic imperative in modern … Continue reading
Survey | Feb 20, 2024 Insights into Banking Satisfaction, Financial Literacy, and Readiness for Open Banking A recent nationwide survey conducted by Abacus Data, encompassing 2,199 Canadians aged 18 and above, offers invaluable insights into the country's financial literacy, banking satisfaction, and the burgeoning interest in open banking. Below we break down and analyze each
The IRS will continue to crack down on top earners who haven't paid taxes owed. Here's how the agency is targeting higher-income audits.