Daily News

Source: BNN Bloomberg November 09, 2023

Markets today: S&P 500 ekes out gain amid signs of buyer fatigue

Stocks saw small gains in the final stretch of trading, with traders awaiting Jerome Powell’s remarks to see whether he’ll dampen Wall Street’s dovish narrative. Bonds rose in a busy week for debt sales. While the pace of the equity rally waned, the S&P 50...

Market Call Source: BNN Bloomberg November 09, 2023

Jamie Murray's Top Picks: November 8, 2023

Jamie Murray, portfolio manager and head of research, Murray Wealth Group FOCUS: North American equities MARKET OUTLOOK: With third-quarter earnings almost in the bag, companies have reported earnings beats mostly in line with historical levels. Ea...

Source: Bankofcanada November 09, 2023

Getting used to higher interest rates

Senior Deputy Governor Carolyn Rogers talks about why interest rates could settle at a higher level than Canadians are used to and why preparing early for that possi...

Source: Financialpost November 09, 2023

Companies turn stingy on severance for laid-off employees

Just 42% of global employers offered severance to all laid-off employees this yearSome workplace trends that became more popular during the pandemic have endured, like remote work. More generous severance benefits are not among them. We apologize, but...

Source: Financialpost November 09, 2023

Tim Hortons sued by woman who alleges cream in tea stopped her heart

Winnipeg woman alleges creamer mixup led to severe allergic reaction, hospitalizationWINNIPEG — A Winnipeg woman is suing Tim Hortons alleging a staff mistake that added cream instead of almond milk to her tea led to a severe allergic reaction and stopped he...

Source: Financialpost November 09, 2023

Top headlines: RBC CEO says AI not yet ready for prime time in banking sector

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: RBC CEO says AI not yet ready for prime time in b...

Source: Financialpost November 09, 2023

Bank of Canada worried government spending could impede inflation fight

More rate hikes may be required, central bankers say in summary of deliberations Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada’s decision to leave its key overnight interest rate at five per cent in October was...

Source: Financialpost November 09, 2023

Posthaste: Baby boomers expect to leave $1 million or more to their kids — much to millennials' surprise

Millennials aren't prepared for the windfall they're about to inherit We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Baby boomers expect to leave $1 million or m...

Economy Source: Financialpost November 09, 2023

Canadians' view on economy, personal finances darkens

Almost four in 10 people in Maru poll said they rely on government benefits to make ends meetCanadians’ outlook on the economy darkened in October as decades-high interest rates continue to sap consumer spending, the housing market and growth. We apol...

Source: BNN Bloomberg November 08, 2023

AI to drive tangible profits for these three companies: expert

Investors rushed into several technology stocks that promised to leverage artificial intelligence as part of future growth strategies, and an investment professional says those profits will soon be visible on balance sheets. Sylvia Jablonski, chief executi...