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These kinds of businesses are driving a surge in US corporate bankruptcies

Editor’s Note: We’re making some updates to this newsletter and will be going on a hiatus starting tomorrow. In the meantime, you can stay up to date on the latest business news with CNN’s Business Nightcap newsletter. Small and mid-sized businesses are struggling to survive. Many have already gone under water this year. There were 346 companies that filed to either liquidate or re-organize through bankruptcy in the first six months of 2024, the highest half-year…

Personal Finance

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What property buyers should know about land loans

Looking to buy some land? You have plenty of options, from modest suburban lots to massive 5,000-acre ranches. You probably won’t be able to finance a land purchase with a regular mortgage, though. If you’re not sitting on enough cash to buy the land outright, you’ll need to explore land…

Dept Managment

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Thinking of Taking Your CPP Retirement Income Benefits Early?

  Lifespans are Increasing, But So Is the Cost of Living Data from Statistics Canada found that in 2022 Canada was home to nearly 13,500 centenarians, a 43% increase from 2018. A longer life expectancy, while it’s something that many celebrate, also means you’ll have to make the money stretch…

Business

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The Leadership Paradox: Balancing Timeless Principles With Contemporary Strategies

Sanjay Menon is Managing Director for Publicis Sapient in India and responsible for driving strategy, capability development and growth. Leadership is constantly evolving, with fresh theories and research reshaping our understanding of what makes an effective leader. Global turmoil, economic uncertainty and the rapid pace of business are challenging traditional…

Investing

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Banks are threatening to end free checking. Don’t panic

Most banks offer free checking if, for instance, customers have their paycheck direct deposited or they maintain an average minimum balance. The majority of people with checking accounts (73%) take advantage of the option, according to a 2023 Bankrate.com survey. But if regulatory costs go up for banks, free services…

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