03/30/2023
Federal budget 2023: 7 key takeaways on climate, dental care and the deficit
The federal government unveiled its 2023 budget on Tuesday with promised spending on the climate and dental care, and increasing taxes on higher-income Canadians. Here are the big takeaways from the budget.
03/29/2023
Warren Buffett's salary was just $100,000 last year - and he returned $50,000 to Berkshire Hathaway
Berkshire Hathaway CEO Warren Buffett has reportedly earned the same salary, with no bonus or stock awards, for more than 40 years. Berkshire spent triple the amount just on Buffett's personal and home security last year, its latest proxy statement shows.
03/28/2023
Tech Is Allowing Businesses to Overcharge You in Tips
Payment apps and touch screens have made it easy for merchants to ask us for preset gratuity amounts. But we don’t need to succumb to the pressure.
03/27/2023
Doggie Mansions and Tiffany Bowls: Lifestyles of Rich and Famous Pets
One man built a $10,000 dog abode, but his pooches refused to move in
03/26/2023
It’s the Most Thankless Job in Banking. Silicon Valley Bank Didn’t Fill It for Months.
Before the money started fleeing Silicon Valley Bank, the company operated without a chief risk officer for much of 2022. When success means averting danger, it’s hard to notice when someone’s not on the job until it’s too late.
03/25/2023
Become More Comfortable Making Bold Decisions
If uncertainty makes us so uneasy, why do so many of us look back fondly on bold decisions? And how can we become more comfortable making them?
03/24/2023
Banking Turmoil Tests the American Consumer
Americans are already grappling with elevated inflation and rising interest rates. Banking-sector troubles could make it more difficult for some consumers to obtain loans to buy homes, cars and other big-ticket items.
03/23/2023
There Is a Cost to Moral Hazard
The popular view that bank depositors can’t police how their banks behave is both right and horribly wrong.
03/22/2023
SVB Couldn’t Ignore Its Losses, But the Fed Can
Silicon Valley Bank, Signature Bank, BTFP exploits, claims trading, bond trading, USDC and the effect of Money Stuff vacations on volatility, from Bloomberg Opinion author Matt Levine.
03/21/2023
How SVB Triggered Credit Suisse’s Latest Mess—and Sparked Fears of a Financial Crisis
When confidence in a bank or two is shaken, investors skittishly search for the next potential victim, pushing down bank stocks across the board. That’s exactly what happened.
03/20/2023
Gardening is a metaphor for so much in life
Anyone who has attempted to cultivate a garden will recognize that one has to work in partnership with nature and that, in many cases, she subverts one’s best laid plans.
03/19/2023
ESG momentum is slowing for many investors, but not for women
Women are shaping the future of investing by leading the charge in prioritizing ESG factors when making investment decisions.