Daily News

Food and energy price surges worsened by the Ukraine war could last through the end of 2024 due to disruptions in trade and production, the World Bank Group said Tuesday.  Increase in energy prices, which has reached the largest since the 1973 oil crisis,...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large cap stocks MARKET OUTLOOK: No shortage of worries for investors right now with stocks still trading near record valuations, particularly in the high-growth sector...

COVID in China, war in Europe and changing perceptions about the invincibility of Big Tech companies are behind a plunge in the Nasdaq 100 Index that reached as much as 3.2 per cent on Tuesday. Only 10 of the index’s components are trading higher for the d...

U.S. stocks sank to the lowest in six weeks as doubts emerged that corporate profits can withstand the Federal Reserve stepping up its battle to tame runaway inflation. The rout persisted after the cash market closed, as results from Alphabet Inc., Texas I...

Tesla Inc. wiped roughly US$126 billion off its valuation Tuesday as the stock fell 12 per cent on investors’ concern that Elon Musk may sell shares to complete his US$44 billion takeover of Twitter Inc. The electric-vehicle maker’s market capitalization i...

Canada's main stock index lost more than 300 points as a big drop in the technology sector drove it to its lowest level in three months on ongoing concerns about slowing global economic growth. Giles Marshall, portfolio manager at Fiduciary Trust Canada, s...

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...

Ontario’s pension fund for government workers is seeking out more deals in infrastructure and real estate as it prepares for a protracted period of high inflation. “We do believe inflation will be elevated for the next 10 years compared to the last 10 year...

Bank of Canada Governor Tiff Macklem said the central bank will consider another 50-basis-point increase to its benchmark interest rate to wrestle inflation down from three-decade highs. Speaking to lawmakers in Ottawa on Monday, Macklem said the decision...

U.S. stocks rose in a late-day turnaround as dip-buyers emerged ahead of a busy week for Big Tech earnings. The S&P 500 rallied back in a choppy afternoon session to end near highs of the day, after falling to lows near the 4200 level. The tech-heavy Nasda...