Daily News

Source: Financialpost November 24, 2023

Posthaste: Canada's housing market faces biggest test since 1990s recession

Economists see home sales falling another 10% to 15% and prices another 10% We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's housing market faces biggest...

Source: Financialpost November 24, 2023

Top headlines: Hudson's Bay owner sells $340 million in real estate

The latest business news as it happensTop headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Hudson's Bay owner sells $340 million in real estate Back...

Economy Source: Financialpost November 24, 2023

Ottawa's fix falls short on housing shortage

Watch: Jimmy Jean of Desjardins talks about why housing measures in the fiscal update don't address the core issues preventing homebuildingJimmy Jean, chief economist at Desjardins Group, talks with the Financial Post’s Larysa Harapyn about the federal gover...

Company News Source: BNN Bloomberg November 23, 2023

Nvidia fails to satisfy lofty investor expectations for AI boom

Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. Revenue in the c...

Market Call Source: BNN Bloomberg November 23, 2023

Eric Nuttall's Top Picks: November 22, 2023

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks  MARKET OUTLOOK: Energy investors have ridden the rollercoaster of volatility this year, contending with relentless worries of recession, a White House seem...

Source: BNN Bloomberg November 23, 2023

CIBC downgrades TD rating ahead of bank earnings

A CIBC analyst has downgraded TD Bank as he forecasts upcoming risks for the banking sector ahead of fourth-quarter results expected in the coming weeks. CIBC Capital Markets analyst Paul Holden downgraded TD from a buy rating to a hold rating on Tuesday, ...

Source: BNN Bloomberg November 23, 2023

Markets today: 'big seven' rally in focus as Nvidia underwhelms

Stocks, bonds and the dollar barely budged as the Federal Reserve minutes reiterated the central bank’s cautious approach, with traders focused on Nvidia Corp.’s results after this year’s blockbuster rally in big tech.  In late trading, shares of the world...

Source: BNN Bloomberg November 23, 2023

Markets today: U.S. yields climb amid unwinding of dovish Fed bets

Treasury yields rose after data showed a further increase in consumer year-ahead inflation expectations, with some traders taking profits on dovish Federal Reserve wagers. In a thin trading session ahead of the Thanksgiving holiday, two-year U.S. yields hi...

Source: BNN Bloomberg November 23, 2023

TSX recap: Index ekes out small gain despite energy losses

Canada's main stock index eked out a gain on Wednesday as losses in the energy sector weighed on the index, while U.S. markets rose.  The S&P/TSX Composite Index closed up 3.99 points, or 0.02 per cent, at 20,113.96. In New York, the Dow Jones Industria...

Source: Financialpost November 23, 2023

Top headlines: TD says home prices to fall 10%, double previous forecast

The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: TD says home prices to fall 10%, double previous...