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Jeff Bezos plans to give away his wealth to charity
Jeff Bezos — long criticized for being stingy with his $124 billion fortune — said in an interview he plans to give most of it away to charity during his lifetime.
The Amazon founder — currently the fourth…
Good US CPI, good markets, bad FTX
Global markets received some welcome news last week when the annual pace of consumer price inflation (CPI) in the United States (US) was lower than expected in October, coming in at only 7.7%, down from 8.2% in September.
Pre-holiday…
Paul Delean: If spending doesn’t reflect your income, expect scrutiny
Breadcrumb Trail Links Personal Finance Recent court judgments where Revenue Quebec challenged people's suspiciously low tax declarations. Author of the article: Paul Delean • Special to Montreal Gazette…
Payday loans compared to bank loans
You may think that payday loans and bank loans are the same things, but they are quite different. Both are viable options if you need funding for the purchase, but you should consider all of your options before making a decision.…
Asian stocks pulled higher by China; dollar rises: markets wrap
Asian equities advanced as China’s policy shifts on Covid and the property sector pushed a gauge of the region’s shares toward its highest level in two months.
Contracts for the S&P 500 and Nasdaq 100 declined amid gains in the…
ECB seen getting €885bn cheap-loan repayments this year
The European Central Bank will probably receive several hundreds of billions of euros in early repayments of long-term loans this year after officials toughened the terms of the program to aid their fight against inflation.
Estimates…
Yields climb as Fed’s Waller pushes back on Dovish rate bets
Treasury yields rose and the dollar strengthened against most of its major peers after Federal Reserve Governor Christoper Waller pushed back on bets the US central bank was nearing the end of its hiking cycle.
Benchmark 10-year…
Malaysia’s services, manufacturing growth set to continue in 2023
Exports of manufacturing products have stayed resilient despite the downturn in China with growth to remain robust into next year, said Moody’s Analytics. — Bernama photo
KUALA LUMPUR (Nov 14): Malaysia’s services and…
IMF sees gloomier world economic outlook than last month
The International Monetary Fund said prospects for the world economy are more pessimistic than what it forecast last month as downside risks from the effects of Russia’s war and persistent inflation materialize.
A steady worsening in…
Engineering body issues dire warning over collapsing public infrastructure
Around half of South Africa’s public infrastructure has collapsed or is close to collapsing, and needs to be addressed as soon as possible.
This is the warning from the South African Institution of Civil Engineering (Saice).
Read:…