Daily News

Traders pared bets on a Federal Reserve rate hike in June to 25 per cent as Jerome Powell signaled a pause. Stocks fell amid a slide in banks and concern U.S. lawmakers are struggling to reach a deal to prevent a default. The S&P 500 halted a two-day rally...

Daniel Straus, director of ETF research and strategy, National Bank Financial FOCUS: ETFs MARKET OUTLOOK: Has the world turned upside-down? The U.S. federal yield curve (10-2 year) is the most inverted it’s been in 40 years. Despite a year of break...

Monday, May 22 Notable earnings: Zoom Video Communications Victoria Day (markets closed in Canada) Tuesday, May 23 Notable data: Industrial Product and Raw Materials Price Indices, S&P Global PMIs, U.S. New Home Sales Notable earnings: Lo...

Strength in the energy, telecommunications and technology sectors helped lead Canada's main stock index higher in late-morning trading, while U.S. stock markets were down. The S&P/TSX Composite Index was up 25.54 points, or 0.13 per cent, at 20,322.63....

As Canadian banks get set to report quarterly results next week, analysts at RBC Capital Markets are predicting a challenging quarter for many of the nation’s major lenders, saying the “macroeconomic outlook has become more uncertain.” In a report released...

Exacerbate worker shortages and inflation It did not take long for others to jump onto the PSAC strike result bandwagon. Not surprisingly, it started with legislators. Those in Quebec just voted themselves a 30 per cent salary increase....

CIBC's deputy chief economist on housing, interest rates and the U.S. debt ceiling In a wide-ranging interview, CIBC deputy chief economist Benjamin Tal talks with Financial Post’s Larysa Harapyn about Canada’s housing market, the risk of furth...

These economists say there is an 84% chance of a recession in Canada in the second half of this year We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team...

Stocks climbed on signals that American lawmakers are making progress on debt-ceiling talks and will be able to avert a first-ever default. Treasury yields rose on speculation the Federal Reserve will need to keep rates higher for longer as inflation remains...

Canada's main stock index effectively broke even Thursday after paring back losses over the afternoon, while U.S. stock markets were mixed. The S&P/TSX Composite Index closed up 0.66 points at 20,297.09. In New York, the Dow Jones Industrial Average was...