Daily News

Shopify shares rose 1.2 per cent Wednesday, paring some gains from earlier in the day, after winning over one more analyst. JMP Securities upgraded the e-commerce company to market outperform from market perform and set a US$65 price target. The target imp...

Canada's main stock index eked out a gain Wednesday, while U.S. markets slumped later in the day to post small losses on the heels of fresh inflation data.  The S&P/TSX Composite Index was up 32.47 points, or 0.16 per cent, at 20,454.32. In New York, th...

U.S. stocks limped into the final minutes of the afternoon session after jumping at the open on data that showed inflation moderated, but was likely not enough to forestall the Federal Reserve from raising interest rates one more time this year. The S&P 50...

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod FOCUS: North American stocks and protection strategies  MARKET OUTLOOK: Many continue to call for caution while believing a recession to be around the corner. Yet,...

Rewarding corporate executives for good performance resonates with employees and investors The pay raise Loblaw gave CEO Galen Weston in 2022 has been roundly condemned, by everyone from NDP leader Jagmeet Singh (of course) to the Toronto Sun’s...

Challenges trends in climate simulations An important new study on climate change came out recently. I’m not talking about the Intergovernmental Panel on Climate Change (IPCC) Synthesis Report with its nonsensical headline “Urgent climate actio...

David Dodge says global economy is entering a new phase where real interest rates and inflation are higher Former Bank of Canada Governor David Dodge says interest rates are bound to stay higher for longer, despite market bets that the central...

The moon is believed to contain a source of waste-free nuclear energy that could meet global energy demands for 250 years China plans to start building a lunar base in about five years, kicking off with bricks made of moon soil, according to sc...

Kevin Carmichael: The good news, no recession; the bad news, inflation is proving tough to beat Get the latest from Kevin Carmichael straight to your inbox Sign Up The Bank of Canada left its benchmark interest rate unchanged at 4.5 p...

U.S. stocks were subdued, trading in a narrow range as investors braced for inflation data that could signal if the Federal Reserve will once again lift interest-rates. The tech-heavy Nasdaq 100 slumped 0.7 per cent, sliding for the fifth session of the pa...