Daily News

Investors are fleeing equities en masse amid the specter of a recession, with allocations to stocks at record lows and cash exposure at all-time highs, a Bank of America Corp. survey showed. A historically high 52 per cent of respondents said they are unde...

John De Goey, senior advisor and portfolio manager, Wellington-Altus Private Wealth FOCUS: Personal finance and ETFs MARKET OUTLOOK: This is a dangerous market precisely because major asset classes are seemingly indestructible. Given all that has g...

US stocks rose on the final day of trading before the release of key consumer-price data, with risk sentiment buoyed by speculation inflation is near peaking. The dollar fell for a second day. The S&P 500 extended last week’s rally, notching the biggest ga...

Canada's main stock index ended the first trading day of the week up more than 200 points, as U.S. stock markets also closed higher. The S&P/TSX composite index was up 213.89 points at 19,987.23, with gains in the energy sector helping lead a broad-based r...

Rob Lauzon, chief investment officer, Middlefield Capital Corporation FOCUS: North American equities MARKET OUTLOOK: It's a confusing time for investors as central banks are hiking rates into a slowing economy. The strong U.S .dollar is an earnings...

Double GST rebate and top up housing benefit for renters Prime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices, as his governing Liberals face increasing political pressure to mitiga...

Wave of retirements hastening mass exodus of skilled workers, leaving businesses scrambling and pushing wages higher OTTAWA — More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own greyer v...

Debt growth also outpaced income gains, as households added $56.3 billion of debt in second quarter The value of Canadian residential real estate fell for the first time since 2018 in the second quarter of 2022, helping to drag down the overall...

The world’s biggest banks are on track to make a killing in commodities this year, surpassing the record sums they made in the financial crisis. The 100 biggest banks by revenue are set to make US$18 billion from commodities trading in 2022, according to d...

Canada's main stock index climbed almost 1.9 per cent as commodity prices rose, U.S. markets gained and reported job losses in August suggested Bank of Canada interest rate hikes are working to slow an overheated economy.   The unemployment rate climbed to...