Daily News

Rising interest rates, plummeting stocks and the surging dollar have tightened reins on the economy to a point where the Federal Reserve has previously cried uncle. No such capitulation should be expected this time. Financial conditions, a multi-input meas...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high yield bonds MARKET OUTLOOK: The war in Ukraine and shutdowns in China are adding to inflationary pressures and supply chain disruption. Both are negat...

Less than two months ago, the S&P/TSX Composite reached an all-time closing high of 22,087.22 points on March 29. Back then, resource heavyweights like Canadian Natural Resources Ltd., Enbridge Inc., and Nutrien Ltd. were driving year-to-date gains as they ro...

With another earnings season just around the corner, a veteran analyst said investors should count on a flurry of dividend hikes from Canada's lenders. "On the capital front, with no change to dividend policies in [the previous quarter], we expect a bonanz...

Deputy Governor Toni Gravelle talks about the spike in commodity prices over the past two years, the impact on inflation and how the Bank of Canada is responding....

Stocks sank in a widespread rout amid concern about the Federal Reserve’s ability to tame decades-high inflation without throwing the economy into a recession. The S&P 500 pushed toward its lowest since March 2021, while Treasury yields adjusted for price...

The head of Canada’s largest tech company is taking issue with the analysts that cover the firm. In a series of tweets posted on Sunday, Shopify Inc. Chief Executive Officer Tobi Lutke asked why there isn’t more accountability from investors for the analys...

Barry Schwartz, chief investment officer and portfolio manager at Baskin Wealth Management FOCUS: North American large cap stocks MARKET OUTLOOK: This is my 22nd year of investing other people’s money (and my own) and this is the seventh major mark...

Pfizer Inc. said it will acquire Biohaven Pharmaceutical Holding Co. for US$11.6 billion in cash to gain an approved treatment for migraine headaches.  Pfizer will pay US$148.50 a share for all of New Haven, Connecticut-based Biohaven’s outstanding stock,...

Canadian stocks dropped for a fourth straight day, closing on the brink of the first correction since 2020, as investors exit risk assets on concerns about rate hikes and slowing economic growth. The S&P/TSX Composite Index closed 0.6 per cent lower on Tue...