Trump renews bid to oust Fed Governor Cook with mortgage fraud review panel
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FHB market loses momentum as demand declines
Mortgage demand has fallen nationwide, with the first home buyer demographic hit hardest, according to recent data. Despite demand surging around the introduction of the first home buyer scheme, rate increases, and property reforms have since dampened buyer sentiment, which has declined sharply since March 2026. While first home buyer purchasing saw a boost from…
How high can CEO pay climb before shareholders push back?
Canada’s 100 highest-paid CEOs earned an average of $16.2m in 2024, a record and about 248 times the average worker’s pay, according to the Canadian Centre for Policy Alternatives. Shopify’s Tobias Lütke topped the list at $205.5m, the largest single-year package the centre has recorded. “The top CEOs make $7,812 an hour, so it only takes…
What Every 67-Year-Old Should Know About Social Security
As you approach 67, you face big decisions, some of which involve Social Security. Those decisions can shape the rest of your retirement, as well as the benefits available to a spouse who chooses to claim Social Security spousal benefits. Your decisions will also determine how much money you or your spouse has available when…
Income ETF GPIQ Adds $2.5 Billion in YTD Flows
As investor interest in income ETFs continues to surge, asset managers have increasingly innovated to meet the demand. The market has expanded beyond traditional bond-focused offerings to include a variety of derivative and call option strategies. Among them, the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) has stood out this year with notable inflows. Key…
California AG Rob Bonta Explains Why He’s Suing Paramount
Rob Bonta, California’s attorney general, says it’s not his job to protect Hollywood giants from the rise of Netflix and other streaming insurgents. This week, Bonta and 11 other attorneys general sued Paramount Skydance to stop its deal to buy Warner Bros. Discovery. Paramount says it needs the deal to compete with tech giants in…
Data Center Industry Touts Power Flexibility As Key Solution, But Some Developers Are Trying To Avoid It
As regional power grids struggle to keep pace with skyrocketing electricity demand from the artificial intelligence data center boom, momentum is building to turn data centers into “flexible loads” — meaning they can temporarily reduce their power consumption or disconnect from the grid entirely during periods of peak demand. While the concept is gaining traction among…
