Daily News

Losses in technology and battery metals helped lead Canada's main stock index lower despite gains in energy Wednesday, while U.S. markets were also down. The S&P/TSX Composite Index was down 48.19 points, or 0.24 per cent, at 19,705.95. In New York, the...

U.S. stocks slid after a renewed warning from Federal Reserve Chair Jerome Powell that higher rates would be needed to combat inflation, thwarting bets that the U.S. central bank was nearing the end of its tightening cycle. The Nasdaq 100 has slumped more...

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: The significant divergence between the performances of the Nasdaq Composite and the S&P 500 Index versu...

Regulators contend bread price-fixing scheme began in 2001 and spanned at least 14 years Get the latest from Barbara Shecter straight to your inbox Sign Up A key player in a bread price-fixing scandal that rocked Canadian supermarket...

Close to half of those aged 55 to 64 only have $5,000 or less put aside for retirement, HOOPP survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from ou...

Target used now has kept door open for elevated expenditures and added billions in new spending without need to lower debt The International Monetary Fund says Canada’s government should consider bringing back a debt anchor. THIS CONTEN...

Canadians are still spending despite high inflation and interest rates Sales at retail stores are on the rise after two months of declines, suggesting Canadians’ spending power remains resilient despite tightening economic conditions. T...

Hot economic data convinced Governing Council higher rates were needed sooner to cool inflation OTTAWA — The Bank of Canada’s Governing Council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the f...

One of Wall Street’s most bearish strategists isn’t giving in to the bullish about-turn in equities, saying investors may be in for “a rude awakening.” Morgan Stanley’s Michael Wilson, whose outlook for a market slump in 2023 has yet to materialize, said f...

A Canadian portfolio manager says the traditional “60/40” portfolio made up of equities and bonds is not working amid elevated inflation, and he has a new framework to suggest for investors. Robert Wilson, head of portfolio construction consultation servic...