Author: Robert Jessi

Understanding money isn’t just about investing, budgeting, or retirement planning. It’s about understanding how businesses operate, how decisions get made, and how to communicate in a way that resonates with leaders. Whether you’re negotiating a raise, considering a career move, or aspiring to a leadership role, financial confidence can give you a powerful edge. Why financial literacy matters at work Every business runs on numbers; revenue, expenses, budgets, forecasts, and profitability influence nearly every major decision. Yet many professionals spend years building expertise in their field without ever learning the financial side of how their organization operates. That’s a missed…

Why sovereign AI should reinforce rather than undermine the AI capex cycle?

Several members of the Federal Reserve favored raising interest rates at the central bank’s policy meeting last month, even as most supported holding rates steady, according to minutes from the meeting released Wednesday. Those who favored raising rates noted that price pressures appeared broad-based and thought rates should be higher to restrict the economy and bring down inflation. Three voting members of the Fed — Cleveland Fed president Beth Hammack, Dallas Fed president Lorie Logan, and Minneapolis Fed president Neel Kashkari — dissented, preferring to raise rates by a quarter percentage point. Since the meeting, other officials have spoken, including…

The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week and 0.50% for the week.USD/MXN weakens on soft US Dollar and carry supportOn Friday, sentiment improved as a tailwind for the emerging market currency, which is also supported by the carry trade, due to a 275-basis-point interest rate differential in favour of the Mexican Peso against the Greenback. The latter, according to the US Dollar Index…

US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that business activity remains solid despite a slowdown in manufacturing.Yields rise as strong services activity offsets Treasury buyback supportUS Treasury yields across the whole curve rose, with the 2-year Treasury yield – the most sensitive to changes to the Fed funds rate – rising five basis points (bps) to 4.24%, while the 10-year benchmark note, rose almos three bps to 4.474%.The US 30-year bond yield continued to grab headlines on major financial news websites, ending the week…

The US Dollar to Canadian Dollar (USD/CAD) exchange rate faces a 1.3700–1.3850 five-day trading range in National Bank of Canada’s latest tactical outlook. TD Economics adds a CAD-supportive trade-relief argument, although contained inflation points to a patient Bank of Canada. National Bank has projected a session range of 1.3720–1.3780. Its separate 1.3790 figure was the report’s Bloomberg market-close snapshot, not the starting point of the forward-looking daily band. National Bank linked pressure on the US currency to renewed turmoil in long-dated Treasury markets. Higher inflation and federal-debt concerns had pushed the 30-year yield back upwards even after plans for larger…

USD/CAD extends its decline on Friday as broad US Dollar (USD) weakness and elevated Oil prices provide a double boost to the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3745, while the Loonie is on track for a fourth consecutive weekly gain.The Greenback came under heavy selling pressure after the US Treasury announced that it would double its liquidity-support buybacks for longer-dated government securities to at least $4 billion per operation.According to TD Securities, the Dollar was already on the cusp of a shift in sentiment, with the “USD…one breath away from its bearish turn…

He revealed this on his popular The Wealthy Barber podcast on June 10, 2026, which you can find here. Later that month, Globe Advisor reporter Deanne Gage devoted a full column to his retirement (paywalled).  Chilton announced he plans to “shut down” at the end of 2026, including the now-two-year-old weekly podcast. But he will “continue to pump out our social media content” until early 2027. His main platforms are primarily visual media like YouTube, TikTok, Instagram, and Facebook, although he also has a presence on X, the former Twitter.  I interviewed Chilton for this Retired Money column early in August. He told me the podcast’s success was…

5 big analyst AI moves: Apple upgraded on foldable iPhone push, new AI strategy

trades at 1.1684, up 0.05% from Wednesday’s 1.1677 close, having run to 1.1711 in the European session for a fresh three-month high. The session low sits at 1.1670 and the open was 1.1677. The pair has added 2.50% over the trailing month and 0.62% across twelve months. The euro spent Monday and Tuesday capped at the 1.1580 area, which had marked the August peak. It has taken roughly $0.013 out of the dollar in two sessions and cleared a level that rejected it four separate times through the first half of the month. The dollar index broke to a fresh…