Daily News

Kevin Carmichael: If inflation wasn't so troubling, we'd be talking about the strongest labour market in memory Canadian employers added 40,000 jobs in May, and the jobless rate dropped to 5.1 per cent. Here’s what you need to know about such remar...

US stocks fell after a two-day rally and oil continued its relentless rise, fueling worries about inflation and measures by central banks to contain it. The S&P 500 ended near session lows, with all but one of the 11 major sectors in the red. The tech-heav...

When the COVID-19 pandemic struck and many abandoned in-person shopping and dining out, brick-and-mortar retail became one of the most undesirable assets in Canada. But now, as many Canadians no longer fear congregating and vaccine passports have been drop...

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Financial markets are roiled by the possibility of a recession caused by the actions of the Federal Reserve to control inflation. No one has a crystal...

It might not exactly feel like it, but the stock market has been, well, kind of boring.  The choppiness and seemingly constant mid-session about-faces are obscuring the bigger picture: the S&P 500 has been vacillating within a roughly 100-point range over...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss the Bank of Canada’s Financial System Review (FSR). The FSR...

Biggest vulnerability remains higher household indebtedness The Bank of Canada warned that threats to the financial system have grown more complicated in recent months as the country grapples with tightening monetary policy, rampant global inflatio...

U.S. stocks rose for a second day, climbing to session highs in the last hour of trading amid a broad-based rally. Treasuries pared gains and the dollar slipped. Back-to-back gains in the S&P 500 clawed back all of last week’s losses. The tech-heavy Nasdaq...

Target Corp. cut its profit outlook for the second time in three weeks as it rushes to ease an inventory surge by marking down items and canceling orders. Soaring merchandise stockpiles and “unusually high transportation and fuel costs” prompted Target to...

Jamie Murray, portfolio manager and head of research, Murray Wealth Group FOCUS: Global equities MARKET OUTLOOK: The market has never been more confused in terms of news flow as both bad news and good news seem to drive the market lower. May’s stro...