Why Canadian banking profits are surging despite market drop part 2
Canadian banking profits are surging despite market declines due to interest rate effects economic policy and financial sector stability influenced by the monetary decisions of the Bank of Canada while major banks including Royal Bank of Canada remain highly profitable even under market pressure #CanadianBanks #FinanceNews #MarketUpdate
7 crucial types of software to invest in as a new small business owner
When you officially become a business owner, you’ll quickly realize how much there is to do and how much you’ll need to do yourself. Initial startup budgets don’t always stretch to a team of staff, and you must wear many hats as you get up and running and try to grow your venture. The good news is that we live in a very advanced technical age. As a result, a number of software types exist to make our professional lives far more straightforward....
Tourism tax could cost UK businesses £100,000 a year, reveals Business Travel Association boss
The commercial director for Business Travel Association, Andrew Clarke, has pushed back at plans to expand tourism tax across the UK.
US moves to cut off a Swiss bank over alleged Iran and Russia money flows
US moves to cut off a Swiss bank over alleged Iran and Russia money flows - The U.S. Treasury is moving to cut a small Swiss bank off from the U.S. financial system over alleged illicit ties to Iran and Russia
My mother will live in her second husband’s house if he dies before her. Will his kids be hopping mad?
“She chose a lovely man whose family has a history of remarkable longevity.”
The businesses that prioritise people and planet
Firms with B-Corp status want more companies to prioritise people and the planet as much as profits.
Savant acquires $3.9 billion Massachusetts advisory firm. It has $42 billion in assets now.
The addition of Heritage Financial is Savant’s largest deal to date and adds three offices in the Bay State.
AI memory crunch forces DRAM market into 'hourly pricing' model, report claims
Over 190,000 small and mid-size electronics companies are being squeezed out of the memory market by AI.
7 financial habits founders should build before they hire a CFO
You probably did not start your company because you love spreadsheets. You started it because you saw a problem, felt a pull toward freedom, or wanted to build something that mattered. But at some point, every founder has the same uncomfortable realization: if you do not understand your numbers, your numbers will eventually control you. I have watched brilliant, product-obsessed founders lose leverage in fundraising, make panicked layoffs, or...
Surgeon almost goes broke on a $665K salary thanks to 1 sneaky financial fee. Ramit Sethi sets things straight
Sticker shock and flighty fees.
Goldman Sachs top tech, media and telecom picks have 40% to 100% upside potential
Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. The Wall Street white-glove giant offers financing, advisory services, risk distribution, and hedging for the firm's institutional and corporate clients. We re...
Booking CFO: The AI threat isn’t really a risk at all
In the face of the LLM and agentic threat, Booking Holdings, already the largest travel company on the planet, thinks it can repeatedly grow its top line 8% annually over the "medium term" and earnings per share 15% over the same timespan. And its top line growth forecast for 2026 is even higher.
Jamie Dimon says Trump’s $5 billion JPMorgan Chase lawsuit has ‘no merit,’ but admits he’d be angry about debanking too
The JPMorgan Chase CEO blamed regulatory pressure for forcing banks to close controversial accounts.
Online sellers rejoice: Venmo and PayPal restore $20,000 reporting threshold
The One Big Beautiful Bill Act restores the $20,000 reporting threshold for platforms like Venmo and PayPal, easing tax reporting for small sellers.
The shocking truth: Why every company is a technology company
Companies must adopt a tech mindset in their corporate identity. Learn why every business is a tech company and how to incorporate tech in your operations.
My wife and I have $2.3 million and have been with our adviser for 10 years now. But we’re paying $15,500 every year for him to manage it. What gives?
Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.
Bank of Cyprus targets 100 per cent profit payout to shareholders by 2027
The Bank of Cyprus (BoC) on Tuesday outlined updated financial targets and capital allocation plans at an investor presentation. At the same time, GlobalWealth Group PLC announced that the Bank of Cyprus had agreed to invest €6 million in Wealthyhood Ltd, becoming a strategic partner and major shareholder.During its investor update, the Bank of Cyprus provided the latest information on the group’s outlook, financial targets and capital...
Never leave $1M in the bank – Australia's crypto king explains why
From selling his first business for $1.5 million at 26 to building companies with 300+ staff, Australia’s so-called “crypto king” now lives in a $20 million mansion and pays seven-figure tax bills. He started buying Bitcoin in 2016, invested heavily in Ethereum, and says the key to wealth is taking risk early and learning to make money from money. Despite the Ferraris and celebrity parties, he insists money doesn’t buy happiness — only opportunity. His advice for young investors? Push hard in your 20s, learn to invest, and never let your first million slip away.
Elon Musk says 'yes' to $1.75 trillion SpaceX IPO valuation as company eyes Mars, orbital expansion
SpaceX and Tesla Inc. TSLA CEO Elon Musk may have just confirmed reports of the commercial space flight giant targeting a $1.75 trillion IPO. SpaceX IPO In a post on the social media platform X on Monday, entrepreneur Peter Diamandis shared his take on the reported IPO. "$1.75T valuation, filing in March. Capital for Starship, Moon, Mars colonization and Earth's Dyson Swarm," he said in the post, further hailing the move as an expansion of human...
Walz, Ellison to testify before House committee after release of fraud report, and more headlines
Two of Minnesota’s leaders are expected to testify at a House Oversight Committee Hearing, plus more of the day’s top stories.
Nvidia dumped its stakes in Arm Holdings and Applied Digital, and has seen its newest investment double in 2 months
Although investors buy Nvidia to gain exposure to its world-leading graphics processing units (GPUs), the company also oversees a $13.1 billion investment portfolio.