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report on business
Retailers are ready to kick off Black Friday just as shoppers pull back on spending
A sign announces Black Friday specials on luggage sets inside a Macy's department store on Monday, Nov. 20, 2023, in Denver. Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. (AP Photo/David Zalubowski)
advisor news
How to reduce debt as interest rates are set to remain high for the foreseeable future
Businessman shaking money out of a piggy bank
advisor news
How parents are juggling paying for kids’ education while saving for retirement as costs rise
Piggy bank with graduation cap and large amount of canadian one hundred dollar bills, education savings/financial concept.
report on business
Credit card debt hit all-time high in second quarter as financial pressure builds, Equifax Canada says
A new report suggests Canadian's worries about debt are rising amid rising interest rates and inflation. Credit cards are displayed in Montreal, Wednesday, December 12, 2012. THE CANADIAN PRESS/Ryan Remiorz
investment ideas
Investors lower outlook for U.S. consumers as student loans, credit card debts pile up
A general view of inside the store before the grand opening of Nordstrom Rack at Best of the West shopping center on May 18 in Las Vegas.
report on business
Gap in financial literacy causes disconnect in managing debt, budget, survey says
Some people may have a disconnect between understanding their debts and managing their finances to pay off the loans, a survey by Chartered Professional Accountants of Canada shows. Canadian $100 bills are counted in Toronto, Feb. 2, 2016. THE CANADIAN PRESS/Graeme Roy
world
Biden administration forgives $39-billion in U.S. student debt using program tweak
Education Secretary Miguel Cardona takes questions during a daily briefing at the White House in Washington, on Friday, June 30, 2023. Cardona has taken the first step to start a new effort to cancel college loans under the Higher Education Act of 1965, President Joe Biden said Friday. (Michael A. McCoy/The New York Times)
u.s. politics
U.S. Supreme Court deals blow to LGBTQ protections, blocks Biden student debt relief
WASHINGTON, DC - JUNE 30: Derrick Lewis with the NAACP leads student debt relief activists in a chant in front of the White House after the U.S. Supreme Court struck down President Biden's student debt relief program on June 30, 2023 in Washington, DC. In a 6-3 decision the justices of the Supreme Court struck down the Biden administration’s student debt forgiveness program in Biden v. Nebraska. (Photo by Anna Moneymaker/Getty Images)
podcast
How soaring rents are transforming student life
Podcast
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
report on business
Credit card debt up more than 15 per cent in fourth-quarter, younger Canadians feel hardest pinch
A new report suggests Canadian's worries about debt are rising amid rising interest rates and inflation. Credit cards are displayed in Montreal, Wednesday, December 12, 2012. THE CANADIAN PRESS/Ryan Remiorz
u.s. politics
U.S. Supreme Court conservatives question Biden’s student debt relief plan
A sign calling for student loan debt relief is seen in front of the Supreme Court as the justices are scheduled to hear oral arguments in two cases involving President Joe Biden's bid to reinstate his plan to cancel billions of dollars in student debt in Washington, U.S., February 28, 2023. REUTERS/Nathan Howard
cost of living
How does your debt compare to Canadians your age? Find out with this calculator
Cropped image of couple calculating finances at home
carrick on money
Online portals are making it easier to deal with estate matters. When will the banks catch up?
Erica Alini
energy and resources
Canadian oil patch likely to surpass 2022′s production record, but only slightly
Pumpjacks are shown pumping crude oil near Halkirk, Alta., on June 20, 2007.  An oil and gas labour shortage is one of the factors that could prevent Canada from moving quickly to address energy demand in the wake of U.S. sanctions against Russia.THE CANADIAN PRESS/Larry MacDougal
carrick on money
A debt voyeur’s guide to average balances on mortgages, credit lines and more
Rob Carrick
economy
Consumer debt in Canada tops $2.36-trillion in third quarter, up 7.3% from last year
Close-up of a unrecognisable person using their smart phone to pay by contactless.
world
Biden facing pressure to extend student loan payment pause
FILE - President Joe Biden speaks about student loan debt relief at Delaware State University, Oct. 21, 2022, in Dover, Del. Biden is facing mounting pressure to extend a pause on student loan payments after his cancellation plan suffered a pair of legal blows. Advocates say Biden should continue the pandemic-era payment pause until legal issues are resolved. (AP Photo/Evan Vucci, File)
u.s. politics
U.S. stops accepting student debt forgiveness applications after ruling by Texas judge
President Joe Biden speaks about student loan debt relief at Delaware State University, Friday, Oct. 21, 2022, in Dover, Del. A U.S. judge in Texas on Thursday, Nov. 9, 2022, blocked Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness. (AP Photo/Evan Vucci)
u.s. business
U.S. deficit figures set up competing visions from Biden and Republicans
US President Joe Biden speaks about the administration's deficit reduction in the Roosevelt Room of the White House in Washington, DC, on October 21, 2022. - The US budget deficit fell by half in the past year to $1.4 trillion on the back of a pandemic recovery and as relief spending eased, the government said on October 21, 2022. The drop in the budget deficit marks the "largest one-year decrease," said the Treasury Department and White House budget office. (Photo by Nicholas Kamm / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images)
world
Justice Barrett rejects appeal over Biden student debt plan
People take photos of U.S. Supreme Court on Tuesday, Oct. 11, 2022, in Washington. (AP Photo/Mariam Zuhaib)