It was March 2020, just before the first lockdowns of the COVID-19 pandemic, and Ottawa resident Stephanie Fortin had recently lost her full-time retail job. As soon as businesses closed their doors in compliance with public health measures, it became near-impossible for Fortin to find work. So she applied for the Canada Emergency Response Benefit,…
Canadian Incomes Went up in 2020 Amid Uptake of Pandemic Benefits: Census Data
OPEC Boosts Oil Income in 2021, Well Completions Drop
LONDON—OPEC’s oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID-19 pandemic, while the number of its members’ active rigs posted a modest rebound and new completed wells declined, data from the group showed. The value of petroleum exports by the 13-member Organization of the Petroleum Exporting Countries reached…
7 Tips to Help You Make a 7-Figure Income
By Jennifer Spencer Thanks to rapidly growing industries and technological advances, making seven figures doesn’t seem as out of reach as in years past. With plenty of individuals and businesses experiencing growth and financial gain, people are eager to learn how they too can bring home the big bucks and attain financial freedom. Whether you’re a business owner…
3 Strategies Creates 13 Streams of Income
By Maurice Pennington In 10 years of running businesses alongside my wife, we know how appealing it is to increase top-line growth. The question we’ve actively asked is: How do you make more without adding more work, more hours, and more effort into what’s already taking your full attention? Before we jump into how to…
Russia Will Be Excluded From All JPMorgan Fixed Income Indexes
March 8, 2022
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NEW YORK—Russia will be excluded from all of JPMorgan’s fixed income indexes on March 31, the bank said in a statement on Monday, joining rival index providers that had excluded Russian securities from their indexes after Moscow’s invasion of Ukraine. JPMorgan had placed Russia on index watch on March 1 after sanctions were imposed on…
JPMorgan Raises Annual Forecast for Net Interest Income to $53 Billion
JPMorgan Chase & Co. expects its net interest income to grow to $53 billion in 2022, up nearly $3 billion from its prior forecast, Chief Financial Officer Jeremy Barnum said on Friday at a conference hosted by Credit Suisse.
Airbnb Sees Strong First-Quarter Revenue on Travel Demand, Longer Stays
Airbnb Inc. forecast on Tuesday a better-than-expected first-quarter revenue after the short-term home rental company reported strong quarterly results on rising domestic travel and longer stays by guests at higher prices. While the San Francisco-based company was initially hit by the pandemic, its business rebounded as people took trips closer to home where they stayed…
Banks Open Fixed Income Front in Europe’s Data Price Battle
LONDON—The price of bond market data has risen by half over the past five years, which could prompt some users to quit the market and damage liquidity, industry body AFME said on Thursday. Big banks and asset managers already say that data on share trades is too expensive—a complaint rejected by exchanges—and the Association for…
25 Tax Deductions You Can Claim as a Freelancers
Just because freelancers have flexibility and independence doesn’t mean that we don’t get stressed out. Even though we have the option to work from home and set our own hours doesn’t mean that we can slack off. We still have deadlines to meet, clients to network with, and make sure that we get paid on…
California Only State Where Personal Income Rose Above Inflation Since Pandemic
Commentary And now for something completely unexpected. Since the pandemic hit in the second quarter of 2020, the only state whose income has risen above inflation has been California, at 0.2 percent. That’s according to a recent study from Pew Research. All other states saw personal income shrink. The worst was Michigan at -9.5 percent and…
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