Canada’s unemployment rate climbs, Sam Bankman-Fried is convicted and John Chen exits BlackBerry: Business and investing news for November 5

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Plus, is a $100,000 salary enough for a comfortable life anymore?

Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.of orchestrating multimillion-dollar fraud against the cryptocurrency exchange’s customers. The former crypto golden boy was found guilty on seven counts of fraud and conspiracy by a 12-member jury, which reached the verdict after over four hours of deliberations.

An estimated $900-billion in Canadian mortgages are due to renew between 2024 and 2026, and could face a sharp increase in payments, according to a report by Darko Mihelic, an analyst who covers the banking sector for RBC Capital Markets. Borrowers that have variable-rate mortgages with fixed payments will see the biggest shock if they’re set to renew in 2026. TakeOnce upon a time, a $100,000 salary loomed large in the collective imagination as code for having made it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bankman-Fried's trial exposed crypto fraud but Congress has not been eager to regulate the industryPALM SPRINGS, Calif. (AP) — The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »