Daily News

Joins Federal Reserve in reversing forecast for downturn Economists at Bank of America Corp. revoked their forecast for a recession in the United States, becoming the first large Wall Street bank to officially reverse its call amid growing opti...

Stocks lost a bit of steam at the start of August as a rally that pushed the market up about 30 per cent from its lows spurred calls on a near-term pullback. Just a few days ahead of the all-important jobs report, data suggested some softening in demand fo...

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis  MARKET OUTLOOK: Same old song. The market remains in a sub-optimal risk/return environment. But, as noted in my recent blogs, some factor...

While the Toronto Stock Exchange has underperformed thus far in 2023, at least one analyst believes the third quarter could be the turnaround. Sid Mokhtari, chief market technician at CIBC Capital Markets, believes the TSX could outperform the S&P 500 this...

Canada's main stock index fell almost 100 points with weakness in financials, base metals and utilities helping drag the index lower, while U.S. markets were mixed. The S&P/TSX Composite Index closed down 93.71 points, or 0.45 per cent, at 20,532.93. In...

As Strathcona Resources Ltd. announced a new acquisition, accompanied by a venture to go public, the company’s top executive said the plan is for the stock to be available to public investors around October.  Adam Waterous, the chief executive officer and...

Talk of a 'soft-landing' has emboldened some, but there are reasons to be wary of over-valued U.S. equities When I was at Merrill, all through 2007 I was asked: “Where is this recession you’ve been calling for, Rosenberg?” THIS CONTENT...

Walkout has shut down 27 supermarkets in Toronto area Get the latest from Jake Edmiston straight to your inbox Sign Up The union representing 3,700 employees at Metro Inc. says the grocery chain needs to immediately reinstate the $2 h...

Interest in Edmonton has quadrupled and Calgary doubled, says Royal LePage We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These tw...

Hedge funds and other money managers are increasingly leaning on ChatGPT for marketing, and to summarize vast reports, according to a new survey. Forty-four percent of money managers use the artificial intelligence tool in a professional capacity, accordin...