Daily News

US stocks rose and Treasuries rallied as weaker-than-forecast data and a renewed hawkish tone from Federal Reserve officials ratcheted up worries the economy is headed for a recession. The S&P 500 resumed gains on Thursday, ending the day up nearly 1 per c...

Canadian banks fell about 20 per cent from their record high set in early February as recession fears send investors fleeing. The S&P/TSX Commercial Banks Index, which tracks the country’s eight largest lenders, dropped Thursday, adding to another day of l...

Canada's largest pension fund manager says it will continue to look for investment opportunities around the world but has no current plans to help with Ukraine's eventual reconstruction once the war with Russia ends. "We never close the door to an investme...

In the view of JPMorgan Chase & Co. strategists, the reason why this may be the end of the bear market is that investors are holding way too much cash.  Nikolaos Panigirtzoglou estimates that cash levels are close to 40%, the highest level in a decade. JPM...

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: With U.S. inflation hitting a 40-year high of 8.6 per cent in the twelve months through May, equity market volatility continues to be...

Unfilled positions up 45% from a year ago The number of job vacancies in Canada surpassed one million, a new record, in April, as the country’s labour market continued to heat up. Here’s what you need to know: We apologize,...

Poll finds more than 40% don't trust bank to get job done Inflation has soared to a near 40-year high, but Canadians’ confidence that the Bank of Canada will be able to rein it in is shaky, according to a new poll. We apolo...

US stocks slumped after Federal Reserve Chair Jerome Powell reiterated his commitment to curb inflation and acknowledged the risk of recession, even as some traders now expect the central bank to closely monitor the impact of its rate hikes on the economy....

Brookfield Asset Management Inc. is single-handedly propping up the Canadian market for mergers and acquisitions, accounting for almost a third of the country’s deals this year and providing all the growth that has led the nation to outperform the US. Toro...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: Global stock markets have taken a pounding in the first half of 2022! It’s now hitting new lows due to Federal Reserve Chairman Jerome Pow...