With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for the money in the first place. The Canada Emergency Business Account (CEBA) was introduced at the height of the pandemic to help out small businesses … Read more
The persistent surge in technological innovation is fueling a steady demand for high-speed and more advanced products, propelling the tech sector forward. Therefore, let’s explore whether to buy or hold tech stocks Infosys (INFY), EchoStar Corporation (SATS), and Stratasys (SSYS) for 2024. Read on…. After an uncharacteristically sluggish performance in 2022, tech stocks have staged … Read more
The pace of housing starts in Canada fell by 22 per cent in November, the Canada Mortgage and Housing Corp. said Friday. The agency says the monthly seasonally adjusted annual rate of housing starts in November came in at 212,624 units, down from 272,264 in October. A housing start is defined as the beginning of construction work … Read more
If you were to ask Chairman Powell if there is a “dovish tilt” by the Fed who would say emphatically no. That is because they are open to raising rates again if needed. However there is ample reason for investors to call his bluff given numerous facts in hand that say inflation coming down…rate hikes … Read more
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation. In his final speech of the year, the governor laid out his expectations for a softer economy next year and offered criteria for the central bank to start discussing rate … Read more
The Knesset passed the amended budget for 2023 on Thursday in a 59-44 vote. The new budget includes an addition of some NIS 30 billion with NIS 17b. intended for the Defense Ministry and the war efforts. The rest was intended for civil needs that were the results of the war, a rehabilitation fund … Read more
Artificial Intelligence (AI) is changing the world, and it’s no secret that those who master and harness this technology can create immense wealth for themselves and their clients. The rapid evolution of AI has brought about a new era where countless business opportunities can be pursued. This article will discuss why AI is the key … Read more
Amid heightened demand for oil and gas, the energy sector is on the brink of substantial expansion. Moreover, Wall Street analysts expressed optimistic views triggered by constrained supply. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), ChampionX Corporation (CHX), and Liberty Energy (LBRT) could be solid buys for year-end gains. Read on…. The … Read more
VIX hit a new yearly low. S&P 500 hit a new yearly high. Playing for a pullback by buying puts on SPY has never been cheaper over the past 12 months. We like to employ a multi-faceted approach to trade idea generation at POWR Options. Combining fundamental, technical, and implied volatility (IV) analysis to find … Read more
The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn’t go nearly far enough. The deal concerns what is called an interchange fee, also known as a “swipe fee,” which sets aside a percentage … Read more
