When Poverty Isn’t What It Seems The U.S. federal government currently defines poverty for a four-person household as  $32,150 , according to the Department of Health and Human Services. But a debate ignited last week after Michael Green—Chief Strategist and Portfolio Manager at Simplify Asset Management—argued that the true threshold should be  more than quadruple that number . A Number Frozen in Time The poverty line we reference today has roots in the  1960s , when Preside

Choosing the right bank account in Canada can feel overwhelming, especially when each institution promotes different perks, fees, and features. Whether you're a student, a newcomer, or simply looking to optimize your personal finances, the latest winners of Ratehub’s 2026 Personal Finance Awards offer a solid place to start. Online financial platform Ratehub has released its annual list of top banking and investment accounts for 2026—highlighting standout accounts across 13 c

U.S. mortgage rates rose for the third straight week, adding pressure to homebuyers already struggling with expensive borrowing conditions. Freddie Mac reported Thursday that the average 30-year fixed mortgage rate increased to  6.26% for the week ending November 20, up slightly from 6.24% the previous week. Despite the uptick, Sam Khater, Freddie Mac’s chief economist, said the recent trend actually reflects a healthier environment for both buyers and sellers. “Mortgage rate

The U.S. housing market is showing clear signs of cooling. According to newly released data from Zillow,  53% of homes nationwide saw their estimated value decline over the past year as of October 2025  — the highest share of depreciating properties since the tail end of the 2012 housing crash. In simple terms,  one out of every two homes in America is now losing value . Despite easing inflation and rising wages, persistently high interest rates continue to weigh heavily on b

The federal Liberal government, led by Mark Carney, reiterated its commitment in last week’s budget to reduce the number of temporary residents in the coming years. However, experts are warning that this move may come at the cost of Canada’s economic growth. Temporary Residents Targeted for Reduction by 2027 According to the  Toronto Star , the government aims to lower the share of temporary residents in Canada’s total population from  about 7.5% at the end of 2024 to 5% , th

Former U.S. President Donald Trump stated at the White House that  the U.S. will stop direct financial aid to Ukraine, and instead expects Ukraine to receive support through NATO allies. “We are no longer giving money to Ukraine. Now they’re paying us through NATO,” Trump told reporters at the White House while discussing the Ukraine conflict. 💬 "If I Were President, This War Would Never Have Happened" Trump claimed that the ongoing Russia-Ukraine war would not have started

From McDonald's and Starbucks to Burger King: Global Giants Are Not Retreating—They're Repositioning for China's "Second Half" November 2025’s consumer landscape will be remembered in history.  Just as the dust hasn’t settled from Starbucks selling 60% of its China business to Boyu Capital, Burger King followed suit. On the evening of November 10, it announced a far more drastic move. Burger King’s parent company,  RBI , reached a strategic agreement with  CPE Funds , under w

The Canadian Parliament is engaged in heated debate over how  “citizenship by descent”  should be granted, as the federal government...

In Canada, waiting for immigration approval has become a marathon of patience.A PhD couple in Waterloo has waited five years for their...

Canada’s population growth slowed to a near standstill in the second quarter of 2025, with new Statistics Canada data showing the...