TD Shows Canada's Banks Are Getting Ready for Economic Trouble
Welcome to Bay Street Edition, our weekly newsletter devoted to what's happening in Canadian finance, covering strategy, deals, people moves and economics.
I'm Christine Dobby, Bloomberg's Toronto-based banking reporter, and you'll find me in your inbox every Friday. This week, we're talking about TD's earnings report and what it says about other banks' results next week, sticky inflation and where CPPIB is investing all its money (hint: it's not at home). Plus: Canada Goose's supply-chain advantage.
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Motor Trend
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The Cheapest Pickup Trucks You Can Buy in 2025 Aren't All Small
Almost across the board, pickup truck prices are creeping upward. Most of this is due to inflation (and more recently, tariffs), but formerly cheap trucks like the new generation Toyota Tacoma are going somewhat upmarket, while the price creep affecting the cheapest pickups like the Ford Maverick appears to be due to automakers capitalizing on unexpected success and, again, more recently, responding to tariffs. (The Maverick, like some other trucks on this list, is assembled outside of the U.S., which raises price pressure compared to home built options.) For now, the cheapest work trucks you can buy can still be had for under $40,000, but you don't need us to tell you that the versions of the most common full-size trucks most consumers buy are in the $50,000 to $60,000 range. Of course, the base price isn't the only metric by which to measure a truck, but it's an important one. If you want to explore other ways pickup trucks stack up against each other, MotorTrend 's proprietary algorithm provides the ultimate source of automotive data by combining over 75 years of our own instrumented performance, comfort, and efficiency testing on more than 5,000 vehicles. That data is fused with decades of expertise from former heads of design, engineering, and our own car buying experience experts. Built by statisticians and honed by automotive experts, MotorTrend 's Ultimate Car Rankings will assist in finding your perfect vehicle. But, you came here for cheap trucks, and here they are, the cheapest trucks you can buy in 2025:
CBS News
32 minutes ago
- CBS News
Here's how much an 18-month CD can earn now (and why it's still worth opening)
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. An 18-month CD can still earn savers a substantial return, even in today's slightly lower interest rate climate. imageBROKER/Firn "What's the interest-earning potential?" That's the question savers are always asking themselves before putting their money into a specific account type. And the answer, in recent years, was often "substantial." Thanks to the highest inflation rate in decades and, thus, the highest interest rates in more than 20 years to combat it, savers were able to earn upwards of 5% on vehicles like high-yield savings and certificates of deposit (CD) accounts. The latter type, in particular, had rates upwards of 6% for some specific savers, making them an obvious way to grow and protect your money. But that was in 2023 and 2024. Towards the end of 2024, the Federal Reserve embarked on an interest rate cut campaign that impacted the returns savers were accustomed to with CDs. And that drop in interest-earning potential is likely to continue later this year as additional cuts are issued. That is, of course, unless savers act promptly to take advantage of today's still-elevated interest rate climate. One way to do so is with an 18-month CD, in particular. Before getting started, however, it's helpful to know the precise interest-earning potential of this CD term now, in early June 2025. Below, we'll do the math – and explain why this CD type is still worth opening now. See how much money you could be earning with a high-rate CD here now. Here's how much an 18-month CD can earn now To determine how much money you can earn with a CD you'll need three primary numbers: the interest rate, the term (or length) of the CD account before hitting maturity and the amount deposited. Using those figures, then, here's what savers could expect to earn with an 18-month CD if opened now, tied to a few different deposit amounts and readily available interest rates: $1,000 CD at 4.16%: $63.04 for a total of $1,063.64 afer 18 months $63.04 for a total of $1,063.64 afer 18 months $1,000 CD at 4.05%: $61.36 for a total of $1,061.36 after 18 months $61.36 for a total of $1,061.36 after 18 months $1,000 CD at 4.00%: $60.60 for a total of $1,060.60 after 18 months $5,000 CD at 4.16%: $315.22 for a total of $5,315.22 after 18 months $315.22 for a total of $5,315.22 after 18 months $5,000 CD at 4.05%: $306.81 for a total of $5,306.81 after 18 months $306.81 for a total of $5,306.81 after 18 months $5,000 CD at 4.00%: $302.98 for a total of $5,302.98 after 18 months $10,000 CD at 4.16%: $630.45 for a total of $10,630.45 after 18 months $630.45 for a total of $10,630.45 after 18 months $10,000 CD at 4.05%: $613.61 for a total of $10,613.61 after 18 months $613.61 for a total of $10,613.61 after 18 months $10,000 CD at 4.00%: $605.96 for a total of $10,605.96 after 18 months $20,000 CD at 4.16%: $1,260.89 for a total of $21,260.89 after 18 months $1,260.89 for a total of $21,260.89 after 18 months $20,000 CD at 4.05%: $1,227.22 for a total of $21,227.22 after 18 months $1,227.22 for a total of $21,227.22 after 18 months $20,000 CD at 4.00%: $1,211.92 for a total of $21,211.92 after 18 months Get started with a high-rate CD online today. Why an 18-month CD is still worth opening As illustrated above, savers can earn hundreds or even thousands of dollars with select 18-month CD accounts if opened now. And while that may be enough of a motivation to act promptly, it's not the only reason why an 18-month CD is worth opening now. Here are two others: Extended protection against market uncertainty: No one knows where the interest rate climate is heading this summer, or in the months after, let alone six months to a year from now. But with an 18-month CD, that's less of a concern as savers will secure extended protection against market uncertainty thanks to the fixed interest rate that CD accounts come with. And, by the time the account matures, you'll hopefully have a better idea of where the market stands. The alternatives are not as beneficial: High-yield savings accounts have comparable (but lower) interest rates than the top CD accounts do now. But high-yield savings account interest rates are variable, meaning that they'll decline alongside your interest earnings as the rate climate cools. Money market accounts have the same caveat, while traditional savings accounts have average rates under 0.50%. Compared to the 4%-plus that 18-month CDs come with, then, it becomes clear which is most advantageous for your money now. The bottom line With the potential to grow your money by hundreds (or even thousands) of dollars, the benefit of extended financial protection against market uncertainty and the unfortunate reality of low-rate alternatives, an 18-month CD could be the place to keep some of your money right now. Before getting started, however, be sure to calculate the exact amount you can comfortably part with for the full term to avoid having to pay any early withdrawal penalties or fees to regain access to your funds.
Forbes
39 minutes ago
- Forbes
Adobe Reports After Close 6/12 — Options Expire The Next Day
According to the Adobe next earnings date is projected to be 6/12 after the close, with earnings estimates of $4.97/share on $5.80 Billion of revenue. Looking back, the recent Adobe earnings history looks like this: ADBE The company has an impressive long-term earnings per share chart: ADBE And with equally impressive revenue growth: ADBE But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader's dream come true — so such traders will be interested to know that Adobe has options available that expire June 13th. Visit to investigate the ADBE options chain on either the puts side or the call side, for further ideas.
