Economy

Beware these 6 financial mistakes

No one likes to lose money. But if you make a bad financial decision, it can set you back a hefty penny or two. In the U.S., for example, the average mistake costs $23,000, reports MoneyWatch. While investing isn’t foolproof, there are some steps you can take to avoid potential losses. Read: Mind those mistakes […]

By Wire services |October 11, 2012

1 min read

More Canadians are debt-free: RBC

Canadians have been working hard in 2012 to reduce their debt levels. In fact, 26% have no personal debt, up from 22% in 2011, finds RBC. Further, 51% say it’s more important to pay down debt than save or invest in the future, up from 49%. Read: Canadians focused on reducing debt “It’s encouraging the […]

By Staff |October 10, 2012

1 min read

TIGER 21 speaker: U.S. can’t pay the bills

The next U.S. president will have some tough decisions over the coming years, said Wells Fargo chief economist John Silvia at a recent TIGER 21 event. “[He will] have to come to grips with the economic situation,” said Silvia. “It will become clear as ever that there is no way to pay the bills.” Read: […]

By Staff |October 10, 2012

3 min read

SEC charges brokers with defrauding clients

The SEC alleges four brokers overcharged customers $18.7 million.

By Staff |October 10, 2012

4 min read