OTTAWA — After watching to see whether its aggressive rate hike path were enough to quash inflation, the central bank has opted to raise interest rates again — fueling speculation that another rate hike is in the cards for July. The central bank announced a quarter of a percentage point rate hike on Wednesday. The…
Category: Finance
The Future Of Personal Finance: Fintech 50 2023
Shivani Siroya, the founder and CEO of lending company Tala, which has made the Fintech 50 for seven consecutive years. Tala, Creative Crop/Getty Images From lenders targeting lower-income customers to a hotel reservation app that has branched into credit cards, eight personal finance companies made this year’s Fintech 50. C consumer-facing startups have been among…
France plans to close AirBnB’s tax loophole benefiting
PARIS (Reuters) – France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as AirBnB, Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as AirBnB which is often blamed for reducing the…
How to uncover and address your teen’s money fears
Rumor has it that teenagers only worry about their phones and their friends. But what if they worry about money, too? Research from the 2022 Junior Achievement Teens & Personal Finance Survey found that over 54% of teens feel unprepared for their financial futures. One way parents could help their kids feel more prepared is…
Financials Lead US Stock Gains; Bonds Slide: Markets Wrap
(Bloomberg) — US stocks gained Tuesday as a rotation into financial shares bolstered hopes the breadth of the S&P 500’s recent rally might extend beyond technology soon. Most Read from Bloomberg The benchmark index rose 0.2% as a decline in Apple Inc.’s stock took the air out of a tech rally, but shares of beaten-down…
Do You Absolutely Hate Broccoli?
June 7, 2023 · 8:50 AM If so, it may well be because of your genes according to an article at SBS.com. Particular genes determine whether you can detect a bitter chemical (called PTC) in broccoli and other brassicas like cauliflower and brussels sprouts. “Free broccoli and carrots in frying”/ CC0 1.0 “On average, about…
Bonside launches with $4.35M to provide growth capital to brick-and-mortar businesses
Online shopping is typically where much of the commerce financing has focused on over the past three years. However, during this time, some retailers that started in e-commerce are diversifying and going the brick-and-mortar route. That’s probably because 54% of consumers still prefer to go into a physical store. Like other businesses, they need money…
Helium Health gets $30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki
Helium Health, the African startup that provides software-as-a-service tools, financing, and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding. The news is coming three years after the Lagos-headquartered healthtech secured a $10 million Series A and 18 months following a rare Africa-GCC deal involving UAE-based healthcare provider-patient…