Gain a unique perspective on the world’s economic order from this graphic showing % share of global GDP over time.
— Read on www.visualcapitalist.com/ranked-the-top-6-economies-by-share-of-global-gdp-1980-2024/
Why it might be time to rethink the 4% retirement withdrawal rule
Experts are taking a new look at a retirement-planning rule of thumb for how much retirees can safely withdraw from their portfolios.
— Read on www.cnbc.com/2024/05/13/why-it-might-be-time-to-rethink-the-4percent-retirement-withdrawal-rule.html
Here’s how many real millionaires there are in Toronto, Vancouver and Calgary – The Globe and Mail
Study tallying up the wealthiest cities in the world by their number of liquid millionaires captures a more realistic picture of real wealth
— Read on www.theglobeandmail.com/business/article-heres-how-many-real-millionaires-there-are-in-toronto-vancouver-and/
Mapped: The Number of AI Startups By Country
Over the past decade, thousands of AI startups have been funded worldwide. See which countries are leading the charge in this map graphic.
— Read on www.visualcapitalist.com/mapped-the-number-of-ai-startups-by-country/
U.S. Debt Interest Payments Reach $1 Trillion
U.S. debt interest payments have surged past the $1 trillion dollar mark, amid high interest rates and an ever-expanding debt burden.
— Read on www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
Countries With the Highest Rates of Crypto Ownership
While the U.S. is a major market for cryptocurrencies, two countries surpass it in terms of their rates of crypto ownership.
— Read on www.visualcapitalist.com/countries-with-the-highest-rates-of-crypto-ownership/
Visualizing the Tax Burden of Every U.S. State
Tax burden measures the percent of an individual’s income that is paid towards taxes. See where it’s the highest by state in this graphic.
— Read on www.visualcapitalist.com/visualizing-the-tax-burden-of-every-u-s-state/
Canada adds 90,000 jobs in April, beating expectations, as unemployment rate holds steady – The Globe and Mail
Traders pare back expectations for Bank of Canada rate cut in June
— Read on www.theglobeandmail.com/business/article-canada-jobs-unemployment-rate-april-2024/
Bank of Canada finds pockets of vulnerability in financial system | Financial Post
Bank of Canada says higher leverage among hedge and pension funds is not a problem yet, but could be if there is a dash for cash. Read more
— Read on financialpost.com/fp-finance/bank-of-canada-finds-pockets-vulnerability-financial-system
How rate cut bets are changing after April jobs ‘shocker’ – National | Globalnews.ca
Canada’s unemployment rate was steady at 6.1 per cent in April as employers collectively added some 90,000 jobs, primarily concentrated in part-time work.
— Read on globalnews.ca/news/10487369/canada-unemployment-april-2024/