Canada's Liberal Party projected to win
Canadian media projects the country's Liberal Party, led by Prime Minister Mark Carney, is on course to win the federal election. CNN's Paula Newton reports.
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O'Leary blasts Canada's 'anti-American rhetoric' - how to hedge against uncertainty
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Canadian Prime Minister Mark Carney has taken a hard line on President Donald Trump's tariff threats, vowing to hit back with retaliatory trade measures designed to inflict 'maximum impact' on the U.S. While tensions between the two allies have escalated, 'Shark Tank' investor Kevin O'Leary believes Carney's tough talk is little more than political theatre. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) 'The anti-U.S. rhetoric is being stirred up by Carney because his party devastated the country over the last 10 years, and the only way he can stay in power is to convince people he's the solution against Trump,' O'Leary said in a March 31 interview with Fox Business. O'Leary, who was born in Canada, didn't hold back in his criticism of Carney and the prime minister's Liberal Party. 'You've got to remember, Canada actually only grew under the Liberal Party 1.4% in 10 years. The economy is wiped out,' he said. 'One of the reasons Canadians can't go to Florida is, his party wiped out the value of the dollar … Canadians can't afford to go to Disneyland anymore.' O'Leary didn't cite a source for his growth figure, but Trevor Tombe, professor of economics at the University of Calgary, has noted that Canada's real GDP per capita grew just 1.4% from Q1 2015 to Q3 2024, based on data from the Organisation for Economic Co-operation and Development. The Liberal Party has been in power since late 2015. As for the loonie (Canadian dollar), it has indeed weakened over the past decade. In April 2015, one Canadian dollar was worth about 81 U.S. cents. Ten years later, it trades closer to 70 cents — a drop of roughly 13.6%. While O'Leary dismisses the tension as election-driven, trade disputes can trigger real geopolitical uncertainty with ripple effects that extend far beyond politics. Markets don't react well to unpredictability, and we've already seen headlines of trillions in U.S. market value wiped out as Trump pushes forward with tariffs. In times like these, financial experts often recommend taking steps to hedge against uncertainty. Here's a look at three strategies that can help protect your wealth. Gold has long been considered a go-to asset during times of economic and geopolitical uncertainty — and for good reason. Unlike stocks or currencies, gold isn't tied to any one government or economy. It also can't be printed at will by central banks. Those characteristics make it especially attractive when confidence in political leadership, trade stability or the value of paper money start to slip. When markets grow jittery, investors often turn to gold as a safe haven. Case in point: over the past year, gold prices have surged over 33%, recently topping $3,100 an ounce. Billionaire hedge fund manager Ray Dalio has warned that most people 'don't have, typically, an adequate amount of gold in their portfolio.' He added: 'When bad times come, gold is a very effective diversifier.' For those looking to capitalize on gold's potential while also securing tax advantages, one option is opening a gold IRA with the help of Priority Gold. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those seeking to shield their retirement funds against economic uncertainties. When you make a qualifying purchase with Priority Gold, you can receive up to $5,000 in precious metals for free. Real estate has long been a favored way to generate passive income — and unlike stocks or bonds, it's a tangible asset you can see and manage. While markets can swing wildly in response to headlines, high-quality, well-located properties can continue producing rental income regardless of what's happening on Wall Street. Real estate is also a time-tested hedge against inflation. As the cost of materials, labor and land rises, property values often increase as well. At the same time, rental income tends to climb, giving landlords a revenue stream that adjusts with inflation. While home prices have been soaring and mortgage rates remain elevated, you don't need to buy a property outright to get in the game. Crowdfunding platforms like Arrived have made it easier for average Americans to invest in rental properties without the need for a hefty down payment or the burden of property management. With Arrived, you can invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants. The process is simple: browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you'd like to purchase, and then sit back as you start receiving rental income deposits from your investment. For accredited investors, Homeshares gives access to the $36 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. If you're interested in commercial real estate, there are plenty of opportunities as well. First National Realty Partners (FNRP), for instance, allows accredited investors to diversify their portfolio through grocery-anchored commercial properties without taking on the responsibilities of being a landlord. With a minimum investment of $50,000, investors can own a share of properties leased by national brands like Whole Foods, Kroger and Walmart, which provide essential goods to their communities. Thanks to Triple Net (NNN) leases, accredited investors are able to invest in these properties without worrying about tenant costs cutting into their potential returns. Simply answer a few questions — including how much you would like to invest — to start browsing their full list of available properties. Read more: Rich, young Americans are ditching the stormy stock market — It's easy to see why great works of art tend to appreciate over time. Supply is limited and many famous pieces have already been snatched up by museums and collectors. This also makes art an attractive option for investors looking to diversify. In 2022, a collection of art owned by the late Microsoft co-founder Paul Allen sold for $1.5 billion at Christie's New York, making it the most valuable collection in auction history. Investing in art was once a privilege reserved for the ultra-wealthy. Now, that's changed with Masterworks — a platform for investing in shares of blue-chip artwork by renowned artists, including Pablo Picasso, Jean-Michel Basquiat and Banksy. It's easy to use, and with 23 successful exits to date, every one of them has been profitable thus far. Simply browse their impressive portfolio of paintings and choose how many shares you'd like to buy. Masterworks will handle all the details, making high-end art investments both accessible and effortless. Masterworks has distributed roughly $61 million back to investors. New offerings have sold out in minutes, but you can skip their waitlist here. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) Are you rich enough to join the top 1%? Here's the net worth you need to rank among America's wealthiest — plus a few strategies to build that first-class portfolio You're probably already overpaying for this 1 'must-have' expense — and thanks to Trump's tariffs, your monthly bill could soar even higher. Here's how 2 minutes can protect your wallet right now Access to this $22.5 trillion asset class has traditionally been limited to elite investors — until now. Here's how to become the landlord of Walmart or Whole Foods without lifting a finger This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
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1 Subtle Barb In Trump-Musk Blow-Out Has Dana Bash Saying ‘Wow, Wow, Wow'
One particular barb in the bitter public feud that erupted between President Donald Trump and former so-called 'First Buddy' Elon Musk on Thursday caught the eye of CNN's Dana Bash. Bash pointed out how Trump earlier in the day contradicted his claim last week about not noticing the black eye that Musk was sporting during a White House meeting when Trump thanked Musk for leading the Department of Government Efficiency, a role which has now ended. Trump on Thursday, amid the blow-up between the pair, instead claimed he'd actually offered to get the world's richest person some make-up to cover the shiner up. Bash said, 'I don't want to harp on the black eye too much but I just want to say that a colleague just texted me to remind me that [Trump] at the time, he said he didn't notice Musk's black eye. And now he said, 'Oh, I offered to give him make-up.'' 'So, he very much noticed the black eye,' Bash said. 'He wants that to be in the zeitgeist, along with other things.' 'Just, wow,' Bash added, saying: 'Wow, wow, wow.' Watch here: Ex-Trump Aide Spells Out How Elon Musk Could Gain Ultimate Revenge On The President Marjorie Taylor Greene's 'Proud' Bill Boast Has Folks Thinking... What The Heck?!? Critics Cackle Over Mike Johnson's Awkward Confession About Elon Musk Phone Call
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Scott Jennings puts head in trash bin to show how Republicans feel about Trump-Musk feud
CNN's conservative commentator Scott Jennings humorously shoved his head in a trash bin on Thursday to demonstrate how he and others felt about President Donald Trump's new feud with Tesla CEO Elon Musk. Though Musk had been a staunch ally of Trump since the 2024 presidential election, the former Department of Government Efficiency (DOGE) chief broke ranks with the president over his One Big Beautiful Bill Act, which Musk described as a 'disgusting abomination' on X Tuesday. Advertisement This led to the two trading escalating barbs on social media, with Musk going so far as to claim Trump's name is in the Jeffrey Epstein file. Jennings tried to capture the sentiment felt by the Republican Party watching the feud while taking part in a panel on 'The Lead with Jake Tapper.' 'Let me just tell you what every Republican is doing,' Jennings said before grabbing a nearby trash barrel and sticking his head in it. 'Here's where we are today. Heads are in the garbage can right now. That's the state of everybody I know at the moment.' 4 Scott Jennings appears on a panel on 'The Lead with Jake Tapper' on June 5, 2025. CNN Advertisement 4 Jennings tried to capture the sentiment felt by the Republican Party watching the feud during his appearance on CNN. CNN In a more serious tone, he said, 'Not gonna lie. It's an ugly day and, you know, you hate it when your friends are fighting. I continue to believe that their partnership last year saved America, and I also continue to believe their goals are not mutually exclusive.' Jennings added that Republicans need to work together to accomplish both Trump's and Musk's goals and warned that Democrats are 'laughing and advancing' while they are fighting. 'Hopefully, cooler heads will soon prevail, and the president can get his agenda and Elon can convince the Republicans that the debt is a serious problem,' Jennings said. Advertisement 4 Jennings sticks his head in a trash can during his take. CNN 4 President Donald Trump speaks to reporters as Elon Musk looks on in the Oval Office of the White House on May 30, 2025. AP Trump's 'Big Beautiful Bill' is currently making its way through the Senate and would fund Trump's agenda, including strengthening border policies and ending taxes on overtime and tips. Fox News' Emma Colton contributed to this report.
