Welcome To The Used Car Bonanza
06/24/2021 6:46 AMIncreased demand, combined with low interest rates and a major semiconductor shortage, has caused prices of both new and used cars to skyrocket to the point that you might end up paying a new car price for its used counterpart. The price change is particularly...
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Gasoline Prices are Way Up
06/24/2021 6:00 AMAnd guess who the big winner is? Wholesale gasoline prices have skyrocketed since November and there are refining and retail margins too - but no one makes out better than...
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Schachter’s Eye on Energy – June 23rd
06/23/2021 11:27 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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Carney’s Response Indicative of Problems with Climate Debate
06/23/2021 10:38 AMThe modus operandi is - demonize those who question the dogma despite the fact that a UN study finds that all climate actions in the last decade made no difference compared to taking no action at...
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The Year Of The Retail Investor Keeps Getting Bigger
06/23/2021 7:33 AMRetail investors will have their say on the stock market this year, and the recent GameStop and AMC Entertainment stock squeezes were only the beginning. According to JPMorgan’s global markets strategist, Nikolaos Panigirtzoglou, retail investors have invested nearly...
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Oil Rally Continues On Bright U.S. Economic Data
06/23/2021 7:16 AMOil prices rose early on Wednesday, driven by brighter economic prospects for the United States and continued recovery in oil demand in America and elsewhere in the world. As of 9:04 a.m. EDT on Wednesday, ahead of the weekly inventory report by the U.S. Energy...
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Warren Buffett Resigns from Gates Foundation, Donates $4.1 Billion
06/23/2021 7:06 AMWarren Buffett said he is stepping down from his role with the Bill and Melinda Gates Foundation, noting in a statement that he has been an "inactive" trustee of the organization. His decision to step down comes at an uncertain time for the foundation as the Gates...
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The number of Costco memberships is now higher than the number of US households that pay for cable TV
06/22/2021 9:22 AMI remember my very first time walking into a Costco store. I was curious but also a little bemused by the displays, and I didn’t know quite what to make of the throngs of oversize shopping carts that had formed around a table of sweatpants. As a kid, I went on trips...
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How to retire a millionaire
06/22/2021 7:32 AMRetiring a millionaire isn't as farfetched as it may seem. With a bit of saving, investing, and a proper plan, you can be well on your way to hitting $1 million -- or more -- by the time you reach retirement age. In fact, the number of retirement millionaires have...
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Lots of Talk About Taxing Your Home
06/22/2021 6:04 AMWe should say taxing any gain on the sale of your primary residence because we're already paying property taxes, GST on building materials, property purchase taxes in some provinces and a raft of government...
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