Finance - Page 2

The latest financial news, covering markets, banking, and money management.

December 23, 2025

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting a consumer base that is spending carefully while still making room for

December 4, 2025

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board to raise the quarterly common share dividend to $1.64, a six per

October 16, 2025

Dollar Weakens Amid Fed Dovishness and Trade Tensions

Dollar drops against euro, pressured by Fed and shutdown fears The U.S. dollar slipped for a third consecutive day against the euro on Thursday, reflecting growing concerns over Federal Reserve dovish signals

Yen Weakens as Japan’s Election Loss Raises Political, Monetary Uncertainty

by Jamie Spencer

Japan’s yen tumbled to a three-month low against the U.S. dollar on Monday, highlighting the rising uncertainty in Japanese politics following a recent election setback for the ruling coalition. The currency’s struggles

October 28, 2024

How Couples Can Build Financial Harmony and Reduce Money-Related Stress

by Jamie Spencer

Money is often one of the biggest sources of tension in relationships, with 25% of couples identifying it as their top financial challenge, according to Fidelity’s 2024 Couples and Money study. Whether

October 25, 2024

Oil Prices Rise 4% for the Week Amid Middle East Tensions and Election Uncertainty

by Jamie Spencer

Oil prices posted a 4% weekly gain, driven by investor attention to rising geopolitical tensions in the Middle East and uncertainty surrounding the upcoming U.S. election. With volatility anticipated across markets, oil

October 25, 2024

Japanese Yen Holds Near Three-Month Low Against U.S. Dollar Amid Interest Rate Differentials and Market Uncertainty

by Jamie Spencer

The Japanese yen continues to hover near three-month lows against the U.S. dollar, trading at 151.68 on Friday after hitting 153.18 late Wednesday. Although the Federal Reserve has begun lowering rates and

October 25, 2024

EUR/USD Recovery Holds Near 1.0830 Amid Dollar Weakness and ECB Rate Speculation

by Jamie Spencer

The EUR/USD extended its Thursday recovery into Friday’s North American session, hovering near 1.0830. This recent movement is primarily due to a slight retracement in the U.S. Dollar (USD), driven by weaker-than-expected

October 25, 2024

IRS Reveals New Tax Brackets for 2025: What Taxpayers Should Know

by Jamie Spencer

With 2025 just around the corner, the IRS has introduced updated federal income tax brackets and standard deductions, setting the stage for potential changes in how Americans file their taxes. The changes,

October 22, 2024

Russia’s Central Bank Set to Buy Silver, Signaling Potential Price Surge

by Jamie Spencer

Russia’s central bank recently announced plans to add silver to its reserves for the first time, a move that could significantly impact the global silver market. Known for holding gold, platinum, and

October 21, 2024

U.S. Dollar Retreats as China Stimulus Lifts Global Equities

by Jamie Spencer

The U.S. dollar fell on Friday, ending a five-day streak of gains, as investor sentiment shifted in response to fresh stimulus measures from China that lifted global equities. Despite the dip, the

October 18, 2024

Mexican Peso Weakens as Trump Tariff Threats and IMF Report Weigh on Currency

by Jamie Spencer

The Mexican Peso (MXN) continues to slide, extending its losses for a fourth consecutive day as various risks push traders to hit the “sell” button. A combination of tariff threats from former

October 17, 2024

Gold Set to Reach Record Highs by 2025, LBMA Survey Finds

by Jamie Spencer

Gold is poised to climb to record levels over the next year, according to a survey conducted at the annual London Bullion Market Association (LBMA) gathering in Miami. Industry insiders—including traders, refiners,

October 16, 2024

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