Daily News

At Florida Agricultural and Mechanical University, this year’s commencement ceremony brought a remarkable twist: The 136-year-old, historically Black public school was getting a US$238 million gift.  But the money wasn’t coming from a wealthy captain of in...

Cisco Systems Inc. gained about 4 per cent in extended trading after giving a solid sales and profit forecast for the current quarter, indicating that some customers are beginning to invest in their computer networks again. Sales will be US$13.4 billion to...

The Canada Mortgage and Housing Corp. estimates the country needs to build at least 3.5 million additional units by 2030Canada’s housing starts fell for a second consecutive month as the country’s construction shortfall continues. We apologize, but th...

Today it is inflation south of the border that will be in the spotlight We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The Bank of Canada should watch this 'hurd...

National market is the most balanced since before the pandemic, says CREAA trend may be unfolding in Canada’s housing market, as the number of active listings continued to edge upward, rising sharply in April to reach its highest point in more than five year...

Meme-stock traders again piled into GameStop Corp. and AMC Entertainment Holdings Inc., a day after shares of both firms soared in a revival of the retail frenzy.  The video-game retailer’s stock jumped 120 per cent in premarket trading on Tuesday, while t...

Stock futures fell after data showed inflation remains stubborn, adding to bets the U.S. Federal Reserve will be in no rush to cut rates this year. S&P 500 contracts signaled the U.S. equity benchmark will trim this months gains. Treasury two-year yields,...

One portfolio manager says gains in GameStop Corp. shares have nothing to do with the company's performance, adding that investors should stay away from the renewed enthusiasm in meme stocks.  On Monday, Bloomberg News reported GameStop shares surged follo...

Buying debt sold by the lowest-rated countries scares off most investors. On emerging markets desks across the globe though, that type of risky wager is being dubbed “special situations” — and its popularity is growing. The strategy has been gaining tracti...

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities  MARKET OUTLOOK: April was a shaky month for U.S. equity markets, with a five per cent correction for the S&P 500 Index, but many higher beta stocks endured a much rou...