Private mortgages in Canada pay about 8%. Getting into one has meant $100,000, a lockup of a year or two, and your money riding on a single borrower. “There’s multiple mortgages where if you wanted Read more…
Mall staples continue to disappear as rising competition, weaker consumer spending, and the growth of e-commerce reshape the retail landscape. Macy’s plans to shutter around 150 underperforming stores by 2026, Claire’s closed nearly 300 U.S. stores after filing for Chapter 11 Read more…
Gold price rose over 3% and hit the highest in nearly six weeks on Wednesday, lifted by fresh wave of optimism over a peace talks between the US and Iran, which eased inflation concerns and Read more…
Big Tech just closed out its second-quarter 2026 earnings season, and the results looked, on paper, like a triumph. Microsoft, Amazon, and Alphabet all posted numbers that blew past Wall Street‘s estimates, and headlines celebrated Read more…
Let’s assume the news reports are correct: A deal will get struck in the next day or so that allows the Strait of Hormuz to reopen. That raises two quick questions: How fast will retail Read more…
The US services sector continued to expand at a healthy pace in July, suggesting the economy remains resilient even as cracks emerge in the labor market. The ISM Services PMI edged up to 54.1 from Read more…
While many smaller airlines already struggle to stay in business due to the astronomical costs of being in aviation, the price of jet fuel that spiked after the attack on Iran has dealt unexpected blows Read more…
Consumers consistently say they want healthier fast-food options, but when it’s time to order, many still choose taste, value and convenience instead. McDonald’s, for example, no longer even has a salad on the menu because Read more…
Luxury fashion retailers are accelerating store closures as slowing demand, economic uncertainty, and shifting consumer spending force even the industry’s biggest names to rethink their global footprints. Over the past year, several luxury companies have Read more…
Palantir Technologies (PLTR) has posted the kind of earnings report that makes a pricey company seem nearly fair. Revenue surged 93% year over year. U.S. commercial sales jumped 149%. Government revenue climbed 90%. Profit margins Read more…