Business News

Top 5 Reasons Not to Have an Estate Plan

4 min read

We often hear many reasons why people do not have an estate plan or why they are putting off creating their estate plan.

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Here are the top five reasons why people don’t have an estate plan (and why these reasons shouldn’t prevent you from doing your estate plan today):

  1. I don’t have enough money, property, etc. Estate planning is not just about assets. Estate planning is a way to protect
Business News

Fox News chryon text called Biden a ‘wannabe dictator’ who got ‘his political rival arrested’ during broadcast of Trump’s post-courtroom speech

2 min read
A screengrab of Fox News on Tuesday night shows Biden and Trump both giving speeches

A screengrab of Fox News on Tuesday nightFoxNews

  • A Fox News chyron called Biden a “wannabe dictator” who had “his political rival arrested.”

  • The text accompanied footage of Trump speaking after he was arrested and arranged on Tuesday.

  • Trump pleaded not guilty to 37 counts brought against him over handling of classified documents.

On Tuesday night, as Fox News aired footage of both former President Donald Trump and President Joe Biden, the onscreen text read “wannabe dictator speaks at the White House after having his political rival arrested.”

“Fox News Tonight” carried clips of Trump’s speech after he was

Business News

Next community in Nexton to break ground > Charleston Business Journal

3 min read

By Barry Waldman

Contributing Writer

The local master planned community named the best in the nation has begun to work on another phase, on the way to 7,500 residences. This new phase of the Nexton communities in Summerville and Berkeley County are expected to add apartments for rent, hotels, office space and 150,000 square feet of shopping and dining space when it is completely built out over the next five to seven years.

Nexton has sold nearly 24 acres to Charlotte-based Crosland Southeast, which plans to develop the new One Nexton segment in multiple phases, starting this coming

Business News

Inflation rate unexpectedly increased in April, jumping up to 4.4%

4 min read

Canada’s inflation rate reversed its cooling trend last month and moved higher, to a 4.4 per cent annual rate.

Economists had been expecting new data released by Statistics Canada on Tuesday to show the cost of living had eased from March’s 4.3 per cent pace to something around 4.1.

Instead, it moved higher again, as the cost of things like gasoline, rent and mortgages increased during the month.

It’s the first acceleration in the cost of living since June of 2022, when Canada’s inflation rate hit a more than 40-year high of 8.1 per cent.


Food prices have been a

Business News

Air Canada briefly grounds flights due to computer system problem – Business News

1 min read

Glitch grounds flights

The Canadian Press – | Stories: 428570

Air Canada briefly grounded its planes Thursday due to a problem with its computer system.

The airline says a technical issue with the system it uses to transmit messages to aircraft and monitor their performance, prompted a halt to operations.

Airline spokesman Peter Fitzpatrick said the temporary order was precautionary, and that the system is returning to normal.

Business News

Morning Business Report: There is a new debt ceiling agreement, now lawmakers must decide if they support it – 41NBC News

2 min read

A deal proposed to lift the federal debt limit would have only a small cooling effect on the US economy and high inflation, according to economists. It does little to reduce government spending that grew rapidly during the Covid-19 pandemic and its aftermath. There’s one particular component of the deal that could ding the economy this fall. Student loan repayments and interest accruals will restart by the end of August.

The Denver Nuggets are in the NBA finals for the first time in franchise history. The Denver Nuggets will face off with the Miami Meat for the NBA championship. The

Business News

Profits dipped as BMO and Scotiabank set aside hundreds of millions to cover bad loans

4 min read

Two of Canada’s biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada’s economy, with sharply lower profits and a large jump in the amount of money they’re setting aside to cover bad loans.

Bank of Montreal and Scotiabank posted quarterly results before stock markets opened on Wednesday, and while the exact numbers differed, they shared some worrisome themes.

Scotiabank said it made a profit of just over $2.1 billion in the three months until the end of April, a decline of 21 per cent from the $2.7 billion it earned the same time last year.

Business News

Canada must lead the way on expelling Russia from the UN

3 min read

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Canada has not been punched above its weight on the world stage since the Liberals came to power in 2015, but could vindicate itself by leading a movement to immediately expel Russia from the United Nations and its Security Council.

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It’s unacceptable that Russia remains on the United Nations Security Council and keeps a veto that has basically deadlocked the body over the years and prevented it from taking action against the invasion of Ukraine.

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Russia and four other countries — China, the United States, France and Britain — have permanent seats on the