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    Business
    Bloomberg

    Stocks Drop as Fedspeak, Data Keep Markets on Edge: Markets Wrap

    (Bloomberg) -- Volatility continued to grip global financial markets as US stocks failed at an attempt to rebound from a crushing five-day rout sparked by harsh central bank tightening programs. Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapGoldman and BlackRock Sour on Stocks as Recession Risk RisesJohn Paulson on Frothy US Housing

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    Business
    Bloomberg

    Celsius CEO Resigns as Bankrupt Crypto Lender Works to Survive

    (Bloomberg) -- Celsius Network Ltd. Chief Executive Officer Alex Mashinsky, who founded the embattled crypto startup and served as pitchman for the sky-high yields it promised to its thousands of investors, is stepping down as the company works its way through bankruptcy.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapGoldman and Black

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    News
    Bloomberg

    European Gas Jumps as Ukraine Flows at Risk in Transit Spat

    (Bloomberg) -- European natural gas extended gains as a spat between Russia and Ukraine over fuel transit added to an already volatile market. Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapGoldman and BlackRock Sour on Stocks as Recession Risk RisesJohn Paulson on Frothy US Housing Market: This Time Is DifferentBenchmark futures surg

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    Business
    The Canadian Press

    Discussing inheritances with loved ones now more important than ever: experts

    When it comes to uncomfortable conversations, matters of inheritance may be near the top of the list. But as the cost of living rises and the generational wage gap grows wider, experts say it is now more important than ever to open up that dialogue. Given the current economic climate, it’s harder for young people to get ahead without some sort of help, said Ron Haik, wealth advisor and client relationship manager at Nicola Wealth Management Ltd. “Income growth has not kept up with the housing in