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  • Business
    Yahoo Finance Video

    The cost of the American Dream? Investopedia says $3.4M

    Is the American Dream within your reach? According to Investopedia’s Editor-in-Chief, Caleb Silver, it comes with a hefty price tag of $3.4 million. However, the median lifetime income from ages 25 to 65 is only $2.3 million. Silver explores strategies to bridge this gap in a discussion with Yahoo Finance’s Jared Blikre and Broke DiPalma on Stocks in Translation. This post was written by Jimi Corpuz

  • Business
    The Canadian Press

    Economists to have a close eye on April inflation report as BoC rate decision nears

    OTTAWA — Forecasters expect this week's inflation report to show Canada's inflation rate fell last month, but financial markets are still unsure whether a June interest rate cut is in the cards for the Bank of Canada. Statistics Canada is set to release its April consumer price index report Tuesday. The new inflation data will be consequential for the Bank of Canada as it gears up for its June 5 interest rate decision. BMO chief economist Douglas Porter says he expects the annual inflation rate

  • Business
    Bloomberg

    Oil Refinery in Southern Russia Halts Work After Drone Strikes

    (Bloomberg) -- A flurry of Ukrainian drones attacked southern Russia on Sunday, forcing a small independent refinery in Krasnodar to halt operations.Most Read from BloombergGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipZyn Shortage? Nicotine Pouches Out of Stock in Several US StatesSix

  • Business
    Bloomberg

    Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios

    (Bloomberg) -- Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.Most Read from BloombergGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipZyn Shortage? Nicotine Pouches Out of Stock in Several US States