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Women walk past the Sears department store at Fair Oaks Mall in Fairfax
Sears losses mount as cold weather bites

(Reuters) - U.S. retailer Sears Holdings <SHLD.O> reported a much bigger-than-expected quarterly loss as cooler weather hurt sales at its stores and the company said it was considering a sale of its service contracts business to shore up liquidity.

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  • Building a nest egg not a top priority for many Canadians

    It seems that stashing cash in a cache isn't a top priority for many Canadians. Growing up, our grandparents and parents always stressed the importance of building that all-important nest egg to have a little something for a rainy day....

  • Looking for lost insurance money can pay off

    Milklions of dollars in life insurance goes unclaimed each year for one simple reason: the beneficiaries simply don't know the money exists. Even in this wired age, if the insurance company can't locate the beneficiary — or for that matter,...

  • Home buying looks good for most Canadians

    Thinking of buying a new home? You may not be alone in your thoughts. According to the BMO Housing Confidence Report, nearly half of Canadian homeowners intend to buy a property in the next five years signalling a high level...

  • When it comes to money, mother does know best: study

    When it comes to talking about money, somebody in the family has to take charge. And, more often than not, that likely to be mom. Mothers are more likely than fathers to have in-depth financial discussions with their adult children...

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Burning question

How many credit cards should one person have?

Thanks for being one of the first people to vote. Results will be available soon. Check for results

  1. 73 %
    Just one. Credit cards should only be used for emergency situations.
    13,229 votes
  2.  
    16 %
    As many as you can. Credit cards are a great way to make purchases and get great rewards.
    2,950 votes
  3.  
    11 %
    None. You should never buy anything on credit.
    1,998 votes

Total Responses: 18,177
Not scientifically valid. Results are updated every minute.

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