Daily News

Instacart jumped 16 per cent in its trading debut, showing investors are receptive to the online grocery delivery firm’s pivot to advertising and adding momentum to a rebound for initial public offerings with one of 2023’s biggest listings. Instacart’s sha...

Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and comments from Saudi Arabia’s energy minister shying away from any change in course. Shrinking supplies have ignited a flur...

David Baskin, chairman and CEO, Baskin Wealth Management FOCUS: North American large caps  MARKET OUTLOOK: It appears that inflation is now likely to be in the three per cent range for the next few months. It is unlikely that North American central b...

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on September 6, 2023. This summary reflect...

Signs of economy's weakness now 'undeniable' Good morning, When the Bank of Canada first began hiking interest rates back in 2022 we were told it could take 18 months to two years for the effects to work through the economy. Well,...

'The deal was always going to be difficult; now it’s going to be even more so' Get the latest from Naimul Karim straight to your inbox Sign Up It was just four months ago that India’s Commerce and Industry Minister Piyush Goyal at an...

The latest business news as it happens Today’s top stories Canada’s inflation picks up speed in August Big grocers agree to work with Ottawa to stabilize food inflation Unifor extends Ford negotiations for 24 hours after receiving ‘substanti...

Stocks, bonds and the dollar saw small moves at the start of a busy week for major central banks, whose rate decisions will set the tone for global markets for the rest of the year. The S&P 500 closed near 4,450. Brent oil pared gains after almost hitting...

Andrew Pyle, senior investment advisor and senior portfolio manager, CIBC Wood Gundy FOCUS: North American equities  MARKET OUTLOOK: While all eyes will be on this week’s U.S. Federal Reserve meeting, I would argue that energy prices have taken cen...

Losses in technology and base metal stocks helped lead a broad-based decline as Canada's main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.  The S&P/TSX Composite Index was d...