Daily News

Source: BNN Bloomberg November 18, 2023

These energy stocks have very disciplined capital spending: expert

The energy sector is experiencing volatile commodity prices but well-managed companies with disciplined spending should navigate the uncertainty well, according to at least one expert.  Waqar Syed, managing director of energy technology and services and he...

Source: BNN Bloomberg November 18, 2023

TSX recap: Index climbs 0.61% on strength in energy

Strength in energy stocks helped lead the way higher for Canada's main stock index Friday, while markets in the U.S. were muted.  The S&P/TSX Composite Index closed up 122.70 points, or 0.61 per cent, at 20,175.77. In New York, the Dow Jones Industrial...

Source: Financialpost November 18, 2023

'Long overdue': Frustrated tech leaders call for progress on open banking to increase competition

Allows consumers to take control of their financial dataTORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data....

Source: Financialpost November 18, 2023

Posthaste: The wait to see how Canada's economy lands is almost over

Jobs market key to severity of downturn to come, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The wait to see how Canada's economy lands is almo...

Source: Financialpost November 18, 2023

White House adds voice to growing backlash over Elon Musk’s endorsement of anti-Semitic post

Lions Gate latest to cut advertising on XFallout from an Elon Musk post endorsing Anti-semitic views continues to spread, prompting a rebuke from the White House and criticism from Tesla Inc. investors as advertisers flee his social media platform, X....

Source: Financialpost November 18, 2023

Ontario First Nations win $10-billion windfall — but it comes with a dilemma

What to do with the biggest treaty settlement in Canada's history remains a thorny issueBy Peter Kuitenbrouwer We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Ontario First...

Market Call Source: BNN Bloomberg November 17, 2023

Stan Wong's Top Picks: November 16, 2023

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs  MARKET OUTLOOK: Following a challenging three-month stretch, equity markets are regaining positive momentum this month with significant gains across...

Source: BNN Bloomberg November 17, 2023

Gap surpasses expectations in early win for new CEO Dickson

Gap Inc. reported third-quarter profit that exceeded forecasts and a smaller-than-expected drop in comparable sales, showing that Chief Executive Officer Richard Dickson is having early success in improving the company’s performance. Adjusted earnings of 5...

Source: BNN Bloomberg November 17, 2023

Markets today: 'Fed-friendly' data lift bonds as S&P 500 wavers

Treasuries climbed after the latest economic figures underscored a gradual slowdown, reinforcing speculation the Federal Reserve will end its most-aggressive hiking campaign in decades. Ten-year yields fell eight basis points to 4.45 per cent. Following a...

Source: BNN Bloomberg November 17, 2023

TSX recap: Index dips slightly on energy weakness

Canada's main index lost just a handful of points Thursday, weighed down by weakness in energy and base metal stocks, while U.S. markets were mixed.  The S&P/TSX Composite Index closed down 4.82 points, or 0.02 per cent, at 20,053.07. In New York, the D...