Wealthy Americans ramp up spending while others tread water, new study finds
Lower-income households have lost ground since 2023
- By: Christopher Rugaber, The Associated Press
- February 3, 2026 February 3, 2026
- 12:10
Lower-income households have lost ground since 2023
Office market entering period of growth, while retail real estate sector has stabilized: report
Fed research uncovers AI models' decision-making tendencies
Scheme targeted "mom and pop" investors, court said
ECB survey finds funding scarcer, firms' profits under pressure
Long-running scheme misled investors on stock markups, fees
PMI data for both countries improved in January
Feds' investment promises potential long-term payoff, no quick hit
Error went undetected despite over 500 complaints; affected more than 100,000 customers
Since 2022, $15.5 billion of Canada green bonds have been issued
Plus, a retirement at Fidelity Investments and a shuffle at Northern Trust Canada
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales