Finance

Lowering Pay for Federal Jobs Is Bad for Workers – and Bad for America

Going forward, the government will have to pay more – not less – to be competitive. A suggested revenue proposal that was initially included in Trump’s “one big beautiful bill” would increas...

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Living in New York, Boston, or San Francisco is getting almost as expensive as Geneva or Zurich

Renting a three-bedroom apartment in Manhattan costs an average of $8,500 a month, the report found.Momo Takahashi / BIMajor US cities such as New York and Boston are becoming more expensive to liv...

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Tavares hasn't won his tax case against the CRA yet, but here's why Canada gains if he succeeds

You may have heard about the taxation issues that NHL star hockey player ...

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Has Pension Participation in the Private Sector Improved?

The brief’s key findings are: Many commentators contend that – at any given time – only 50 percent of private sector workers participate in an employer-sponsored retirement plan. ...

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The S&P 500 could hit record highs soon if no major retaliation from Iran, Wharton professor Jeremy Siegel says

Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty ImagesAmerica's entry into the Israel-Iran conflict has markets on edge. But Jeremy Siegel predicts that stocks can still soar to fresh record...

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Women are getting wealthier — and they don't invest the same way as men

Women and men can have different aims when it comes to investing.Oliver Helbig/Getty ImagesWomen's share of retail financial assets in the US and EU is set to reach between 40% to 45% by 2030.Facto...

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Does Canada have UBI? Everything you need to know about the country's basic income programs.

Vancouver was the site of a basic income program that concluded in 2023.Ron Watts/Getty ImagesCanada has been experimenting with universal basic income-style programs amid rising living costs.Basic...

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I moved from the US to Thailand, leaving most of my family behind. I don't feel guilty for prioritizing my goals and desires.

The author (left) moved to Thailand with his wife (right) so they could retire early.Courtesy of Kimanzi ConstableI moved to Thailand for a cheaper cost of living and to retire early.I was initiall...

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Meet America's typical live-at-home 20-somethings

Giselleflissak/Getty ImagesFor young adults, living with mom and dad is a popular safety net.It can offer financial relief, especially when rents are high and well-paid jobs scarce.Many young adult...

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Jamie Golombek lays out everything you need to know about the new Canada Disability Benefit

Applications for the new, much anticipated ...

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Here's everything we know about how Wall Street banks are embracing AI

Michael M. Santiago/Getty Images; Getty Images; BIBanks are racing to deploy generative AI tools to their employees.Business Insider has reported on how some of finance's biggest banks are approach...

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Not all pro athletes get rich. We spoke with 4 who shared how they're securing their financial futures.

Artistic swimmer Anita Alvarez has won Olympic medals, but also has to work other jobs to afford training.Adam Pretty/Getty ImagesMost days, Anita Alvarez starts training at 6 a.m. She performs twi...

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LinkedIn cofounder Reid Hoffman says people are underestimating AI's impact on jobs, but it won't be a 'bloodbath'

Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs.Dominik Bindl/Getty ImagesReid Hoffman said AI will transform jobs, but he doesn't think it will cause a 'bloo...

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Meta's finance chief says Mark Zuckerberg is 'world-class' at giving feedback

Mark Zuckerberg is great at giving constructive criticism, said Meta's chief financial officer, Susan Li.Anadolu/Anadolu via Getty ImagesMeta's chief financial officer, Susan Li, says Mark Zuckerbe...

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Is saving $500,000 in investment income enough for couple to meet their retirement goals?

Kathy,* 50, and Trevor, 53, have two financial goals they want to achieve before Kathy retires at age 55 and Trevor retires at age 60. They want to pay off the mortgage on their primary resi...

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Steve Schwarzman welcomes more than 170 interns to Blackstone with this advice

Paige Ross, global head of human resources, and Steve Schwarzman, founder and CEO, speak to Blackstone's 2025 summer intern class.BlackstoneBlackstone is playing host to over 170 interns this summe...

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More people are relying on a home to fund their retirement despite the risks

A majority of Canadians believe that owning a home is a critical part of their retirement strategy and the number of them relying on the sale of their home to help them retire continues to r...

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Consumption-oriented taxes are a better option than those on labour or potentially robots

I was having dinner with three of my best friends a few years ago when one of them pulled out his phone to show us the just-released ...

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So long early retirement, for most Canadians the golden years now start after 65

So long early retirement, the golden years now start after 65, with only 26 per cent of Canadians planning to retire ...

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I delayed retiring for years. My husband's heart attack taught me we could not take time for granted.

Kim Hunter-Borst said her husband's health scare helped put life and retirement into perspective for her.Shubhangi Goel/Business InsiderKim Hunter-Borst is retiring from her job this month after de...

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Burnout, $1M income, retiring early: Lessons from 29 people secretly working multiple remote jobs

Getty Images; Alyssa Powell/BISecretly working multiple full-time remote jobs may sound like a nightmare — but Americans looking to make their financial dreams come true willingly hustle for it.Ove...

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