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Source: Financialpost March 18, 2024

Oodles of noodles: how a global favourite has become an economic red flag

Cheap and calorie-filled, the rapid foodstuff tells us about the state of the worldIf the entire (cooked) length of instant noodles sold around the world in a single year were laid out in a line, the resulting 6.2 billion kilometre giga-noodle would stretch...

Source: Financialpost March 18, 2024

Homeowners, realtors should take steps to protect against title fraud: experts

It’s been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you’re in default and now owe money comes as a shock. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to...

Source: Financialpost March 18, 2024

Homebuyers should jump into the market before interest rates go down, says expert

Homebuyers who are already pre-approved for a mortgage should enter the housing market now instead of waiting for interest rates to go down, according to one industry expert. We apologize, but this video has failed to load. Try refreshing your browser...

Source: Financialpost March 17, 2024

FP Answers: Can beneficiaries override a parent's wishes in a will?

Beneficiaries can choose to disagree with any harsh conditions — and can do almost anything if they all agreeReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thro...

Source: BNN Bloomberg March 16, 2024

Markets today: U.S. stocks fall as 'triple witching' spurs volume jump

Stocks fell at the end of a jittery week as tech sold off and a pile of options expiring Friday amplified market swings. Wall Street faced a quarterly episode ominously known as triple witching — in which derivatives contracts tied to stocks, index options...

Market Call Source: BNN Bloomberg March 16, 2024

Michael Sprung's Top Picks: March 15, 2024

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large-cap stocks  MARKET OUTLOOK: Thus far in the first quarter of 2024, the financial markets have continued to forge ahead stretching the already excessive valuations higher....

Source: BNN Bloomberg March 16, 2024

TSX recap: Index ticks higher on strength in base metals

Base metals helped Canada's main stock index eke out a gain Friday, while U.S. stock markets were down, led by the Nasdaq's almost one per cent loss.  Markets had a lot of economic data to digest this week, mainly on inflation, said Kevin Headland, chief i...

Source: Financialpost March 16, 2024

Is the 5-year fixed mortgage dead?

Fixed rates must take a generous tumble before a five-year fixed revival — and that's an economic season or two awayNot long ago, the standard issue five-year fixed was Canada’s mortgage term of choice. It sold more than any other term by a long-shot....

Source: Financialpost March 16, 2024

Posthaste: 5 charts that show how Canadians are and aren't coping with higher interest rates

Household wealth rises but financial data from Statistics Canada show 'pressures will remain intense' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: 5 charts tha...

Source: BNN Bloomberg March 15, 2024

Markets today: Bond yields jump as hot inflation curbs U.S. Fed wagers

The world’s biggest bond market sold off after another hot inflation report reinforced bets the U.S. Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness. Treasury yields rose and stocks fell as the d...