Daily News

Source: BNN Bloomberg March 29, 2024

Markets today: U.S. stock bulls crush naysayers with US$4 Trillion rally

A stellar quarter for stocks ended on a positive note on speculation the Federal Reserve will be able to achieve a soft landing that will keep powering Corporate America. Wall Street traders sent the S&P 500 to its 22nd record this year after data showed t...

Market Call Source: BNN Bloomberg March 29, 2024

Stephen Takacsy's Top Picks: March 28, 2024

Stephen Takacsy, president, CEO and CIO, Lester Asset Management FOCUS: Canadian stocks  MARKET OUTLOOK: We continue to see a positive environment for stocks and bonds in 2024. We always believed inflation was “transitory” caused by global supply c...

Source: BNN Bloomberg March 29, 2024

The Week Ahead: Home sales for Vancouver, Toronto

Monday, April 1 10:30 a.m.: Bank of Canada business outlook survey and survey of consumer expectations Earnings: EQB Inc., K92 Mining Tuesday, April 2 Manitoba budget Vancouver home sales for March Earnings: Paychex Inc. Wednesday,...

Source: Financialpost March 29, 2024

Pensions put this couple in enviable position as they shift to living off retirement savings

Expert explains how they can put their registered retirement savings plans to work for themReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this...

Source: Financialpost March 29, 2024

CRA reverses course, exempts bare trusts from new regulations

Jamie Golombek: Bare trusts will be exempt from trust reporting requirements for 2023Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Economy Source: Financialpost March 29, 2024

David Rosenberg: Canada was once productive and competitive, but not today

Massive government spending is crowding out private-sector investmentI have to say that watching the recent fiasco in the House of Commons with respect to the subtle (maybe not too subtle) shift in Mideast policy makes it embarrassing enough to be a Canadian...

Economy Source: Financialpost March 29, 2024

Economy grows more than expected, keeping the Bank of Canada 'on its toes'

January GDP strongest monthly growth in a year Get the latest from Naimul Karim straight to your inbox Sign Up The Canadian economy surprised to the upside in January, posting its strongest monthly growth in a year, which could keep the Bank of Canada...

Source: BNN Bloomberg March 28, 2024

Markets today: S&P 500 gets late-day boost to finish at record

Wall Street traders sent stocks higher in the final stretch of a quarter that saw the market surge almost 10 per cent, with many institutional investors potentially rebalancing their portfolios. In another volatile session, the S&P 500 closed at a record a...

Source: BNN Bloomberg March 28, 2024

Minor league players accused of insider trading in Del Taco

Four current and former minor league baseball players illegally traded on Jack in the Box Inc.’s US$575 million purchase of Del Taco Restaurants Inc., according to the U.S. Securities and Exchange Commission. Jordan Qsar, Austin Bernard, Grant Witherspoon...

Company News Source: BNN Bloomberg March 28, 2024

Alberta pension fund seeks to grow Asia asset exposure to 15%

Alberta Investment Management Corp., one of the largest Canadian institutional investors, is increasing its Asia exposure by tapping into investments including infrastructure.  The company is seeking to grow its Asia portfolio contribution to about 10 to 1...