Daily News

Source: BNN Bloomberg November 23, 2022

U.S. stocks, bonds rally with focus on rate outlook

U.S. stocks rose as investors adjusted their expectations in response to Federal Reserve officials indicating that they’ll continue to raise interest rates but are open to slowing their tempo.  Sign up to get breaking news email alerts sent directly to...

Market Call Source: BNN Bloomberg November 23, 2022

Brett Girard's Top Picks: November 22, 2022

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: It is likely the market will continue to struggle for direction as we head into year-end. Inflation appea...

Source: Bankofcanada November 23, 2022

Opening Statement before the House of Commons Standing Committee on Finance

Good evening. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...

Source: Financialpost November 23, 2022

Ottawa is biggest obstacle to growth in oilpatch, charges Alberta premier in defiant speech

'We will fight for you and we'll go to the wall for you' Alberta Premier Danielle Smith appears to have kicked her campaign off in earnest ahead of May’s election, rolling out a $2.4-billion relief package for families struggling with living co...

Source: Financialpost November 23, 2022

Why lettuce is suddenly so unbelievably expensive

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Episode 177 of Do...

Source: Financialpost November 23, 2022

The FDA just approved the world’s most expensive drug — $3.5 million a dose

Luckily only one infusion required of hemophilia B gene therapy U.S. regulators approved CSL Behring’s hemophilia B gene therapy, a one-off infusion that frees patients from regular treatments but costs US$3.5 million a dose, making it the most...

Economy Source: Financialpost November 23, 2022

Peter Hall: Why inflation is not really the problem

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Central banks mig...

Company News Source: BNN Bloomberg November 22, 2022

Enbridge rations Canada pipeline space, adding to oil headwinds

Enbridge Inc., the world’s largest oil export pipeline system operator, is cutting supply on its key Canada line, adding yet another headwind for oil producers.  Enbridge will apportion space on a segment of its Mainline system by the most since November l...

Source: BNN Bloomberg November 22, 2022

TSX recap: Index closes down closes down 0.02%

  Canada's main stock index barely slipped Monday, while markets in the U.S., especially the Nasdaq, were down more as tech stocks fell. The S&P/TSX composite index closed down 3.78 points, or 0.02 per cent, at 19,977.13. Sign up to get breaking n...

Source: BNN Bloomberg November 22, 2022

U.S. stocks drop with Fed policy, China in focus

U.S. stocks dropped as investors parsed comments from Federal Reserve officials who broadly remained steadfast in their fight against inflation. Mounting concerns that China may tighten COVID curbs after a string of reported deaths also continued to weigh on...