Daily News

Canada's main stock index sank Wednesday, pulled down by the energy and financial sectors as mounting apprehensions over the global banking sector spread, while U.S. markets were mixed as the tech sector held its own. The S&P/TSX Composite Index was down 3...

Bridgewater Associates founder Ray Dalio warned Silicon Valley Bank’s failure shows cracks widening in global finance, joining other U.S. billionaires raising the alarm on fallout from the lender’s collapse. “This bank failure is a ‘canary in the coal mine...

Shane Obata, portfolio manager, Middlefield Capital FOCUS: Global and North American large caps  MARKET OUTLOOK: After a strong start to the year, North American equity markets gave back some of the early gains in February with the S&P 500 and TSX...

Watch: Airtrav's Robert Kokonis on what's next for the discount airline industry Robert Kokonis, president of Airtrav Inc., talks with the Financial Post’s Larysa Harapyn about how the crowded discount airline sector is set for a shakeout....

Here's what you need to know about TMX's skyrocketing costs, which could complicate the sale process Trans Mountain Corp. wouldn’t have been waiting for an international banking crisis to publish the latest cost analysis of the Trans Mountain p...

TSX recorded its worst day since December 2022 Canada’s main stock index fell 1.6 per cent on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking crisis. THIS CON...

U.S. stocks rallied into the close as traders wagered the worst of the banking turmoil has passed. Treasuries fell. The S&P 500 recovered much of its lost gains in the late afternoon after a Russian fighter jet collided with a U.S. drone tamped down the in...

Apollo Global Management Inc., Blackstone Inc. and KKR & Co. have expressed interest in snapping up a book of loans held by Silicon Valley Bank, the California lender seized by federal regulators last week, people with knowledge of the matter said. Apollo,...

Brian Acker, president, chief executive officer and chief investment strategist, at Acker Finley FOCUS: North American large-cap stocks  MARKET OUTLOOK: For the last 10 years, I have been recommending U.S. dollar-dominated assets for Canadian inves...

The situation that caused Silicon Valley Bank (SVB) to collapse in the course of 48 hours was uncommon and it’s an example of the type of consequences that can happen after interest rates rise quickly, according to an analyst at RBC Capital Markets. In an...