Daily News

Latest readings suggest economy is slowing Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes tak...

Stocks failed to gain further traction a day after the rally in big tech, with traders bracing for Nvidia Corp.’s results — which are set to test Wall Street’s fervor around the artificial-intelligence hype. The S&P 500 extended its August slide. Banks dro...

Losses in the financial sector helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX Composite Index was down 68.94 points, or 0.35 per cent, at 19,715.93. In New York, the Dow Jones Indust...

Wall Street thinks hotel stocks are fairly valued, but one investment expert forecasts a significant jump for these stocks ahead.    Speaking with BNN Bloomberg’s Amber Kanwar on Tuesday, George Ball, chairman of Sanders Morris Harris, said the run up in tra...

Canada's largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil's Amazon region.  Canada Pension Plan Investment Board will invest as much as US$30 million in a reforesta...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks  MARKET OUTLOOK: Stocks rallied this summer as investors believe that the U.S. Federal Reserve can successfully achieve a “soft economic landing.” The...

Northvolt close to deal to build $7-billion plant near Montreal, Bloomberg reported in June Northvolt AB raised US$1.2 billion from North American investors including BlackRock Inc. and the Canada Pension Plan Investment Board as the Swedish ba...

The rate-hikes potion seems to be working and too much can be lethal Conventional wisdom has it that the Bank of Canada is not done raising interest rates. Statistics Canada reported last week that year-over-year increases in the consumer price...

Barclays believes pessimism on banks is overdone, but others disagree Get the latest from Barbara Shecter straight to your inbox Sign Up The second quarter was tough for Canadian banks, with higher provisions for potential credit loss...

Victoria Wells: Research shows working remotely all the time reduces productivity, but don't count it out just yet Bosses pushing employees back to the office this September suddenly have a lot more ammunition in enforcing their mandates becaus...