Sales at retailers rose in June as Americans bought more new cars and spent more online during Amazon’s annual summer sales event, signaling steady growth in the U.S. economy.
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discussed the Vanguard US High-Yield Corporate BD Index ETF (VCHY) with Chuck Jaffe of Money Life. The pair discussed several topics related to the ETF, in order to give investors a deeper understanding of it. Chuck Jaffe: One fund,…
Pepperstone confirmed on Friday the appointment of Reed Sayer as its new Head of UK. Sayer joins from XTB, where he spent more than ten years building his career, most recently holding the position of Head of UK Sales. Over the course of his decade-plus tenure in financial services, he is said to have developed…
Michael Lavipour still remembers the bank office where executives laughed him out of the room. It was 13 years ago, and the head of lending for Affinius Capital was on the hunt for a credit facility to support the investment management firm’s real estate lending practice. As such, he was viewed as the competition. “Flash-forward…
Here’s a quick recap of the crypto landscape for Monday (July 6) as of 10:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin price update Bitcoin (BTC) was priced at US$62,716.60, down by 1.8 percent over the past 24 hours. Bitcoin price…
A new RBC poll finds most Canadians believe there is no perfect time to buy, as economic uncertainty, affordability pressures and rate expectations complicate purchase decisions.
Odeta Kushi (pictured top), deputy chief economist at First American, said the latest flare-up fits a pattern she and her colleagues had already accounted for. Even if there is some volatility day-to-day, the overall pattern seems to be for elevated rates. “I think you can see some zigzag, but my baseline expectation is more of…
