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Royal Bank, CIBC, TD, Laurentian and more raise rate Canada’s commercial banks began announcing hikes to their prime rate Wednesday after the Bank of Canada raised its key interest rate by half a percentage point. We ap...

The half-point hike surprised markets We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has f...

Corporate credit conditions are worsening, with the last of three key measures now “flashing red,” according to a traffic-light system used by Janus Henderson Investors. The outlook for cash flow and earnings was downgraded from amber in the third quarter,...

One of Wall Street's most vocal bears is doubling down on his short-term bullish call on equities a week after his initial view was met with skepticism by clients. Morgan Stanley's Michael Wilson sees stocks grinding higher as markets transition to expecta...

U.K. bonds surged after Rishi Sunak emerged as the frontrunner to become prime minister, a candidate investors expect will restore credibility to economic policy making and help calm the nation's rattled markets. Short-dated notes led the rally, sending th...

Treasury Secretary Janet Yellen said that while the U.S. financial system remains resilient, the current backdrop has created the conditions where risks to its stability could appear. This is a “dangerous and volatile environment” for the global economy, i...

Junk bond sales are falling at an unprecedented rate globally as interest rates rise, a double blow to riskier companies in need of financing in the next few years. Issuance for high yield corporates plummeted 73 per cent through Oct. 24 compared with the...

Eric Nuttall, partner and senior portfolio Manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: Despite lingering worries of a recession and the potential negative impact on oil demand, we believe energy investors are positioned for fur...

U.S. stocks rallied for a second straight session as investors geared up for some of the world’s biggest companies to report earnings this week. Traders also mulled whether the Federal Reserve will slow its pace of interest-rate hikes after assessing weak eco...

Canada's main stock index was up Monday, continuing Friday's rally, while U.S. markets were also up.  The S&P/TSX Composite Index was up 57.45 points, or 0.3 per cent, at 18,918.40. In New York, the Dow Jones Industrial Average was up 417.06 points at 3...