Daily News

Source: Financialpost October 17, 2023

BlackBerry basks in AI glow: Here are Monday's top 3 performers on the TSX

Markets managed to find their feet on a dramatic day of diplomacyMarkets managed to find their feet on a dramatic day of diplomacy in which U.S. officials tried to prevent the Hamas-Israel war from expanding into a regional crisis. We apologize, but t...

Source: Financialpost October 17, 2023

Canadians think inflation is higher than it actually is, Bank of Canada survey finds

Consumer expectations are becoming out of step with economic realityThe gap between how Canadians perceive inflation and what is in the official data is “unusually wide,” a quarterly survey by the Bank of Canada has found. We apologize, but this video...

Source: Financialpost October 17, 2023

Homeowners on the brink face tough choice of selling home as mortgage payments climb

Other steps to take before pulling the triggerReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. TORONTO — As more and more homeowners f...

Source: Financialpost October 17, 2023

Posthaste: Cooling housing market could spur Bank of Canada to cut rates sooner, says economist

Surge in new listings suggests homeowners struggling with higher borrowing costs We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Cooling housing market could spur...

Source: Financialpost October 15, 2023

Carmakers Say They Can't Afford UAW Demands, While Paying CEOs $1 Billion

The United Auto Workers’ historic standoff with Detroit’s three carmaking giants is centered on an age-old tension: The union says corporate greed is keeping workers from earning fair wages, while Ford Motor Co., General Motors Co. and Stellantis NV sa...

Source: Financialpost October 15, 2023

Senator's bill pushes for changes in Bank of Canada Act

Watch: Diane Bellemare discusses why the Bank of Canada Act needs an update Diane Bellemare, independent senator and economist, talks with Financial Post’s Larysa Harapyn about how she has introduced a bill to push for changes in the Bank of Ca...

Source: BNN Bloomberg October 14, 2023

Small-cap companies not ready for climate disclosure rules: TMX Group CEO

Most of Canada's small and mid-sized publicly traded companies are not at all prepared for potentially forthcoming new requirements that could force them to disclose their climate impacts, the CEO of the company that operates the Toronto Stock Exchange said T...

Source: BNN Bloomberg October 14, 2023

Wall Street seeks safety amid geopolitical angst

Stocks fell and bonds rose as signs Israel is preparing for a ground invasion of Gaza left traders looking for safety ahead of the weekend. Gold surged the most since March. Oil rallied. Big tech sold off, with the Nasdaq 100 down over 1 per cent. Boeing C...

Source: BNN Bloomberg October 14, 2023

Analyst picks restaurant stocks positioned to weather economic storm

Renewed concerns about economic uncertainty could weigh on consumer spending and spill into the restaurant business, but an analyst covering the sector says the worries may be overblown.     Peter Saleh, managing director and restaurants analyst at BTIG, tol...

Market Call Source: BNN Bloomberg October 14, 2023

James Telfser's Top Picks: October 13, 2023

James Telfser, managing partner and portfolio manager, Aventine Investment Counsel FOCUS: North American stocks  MARKET OUTLOOK: Investment performance in the third quarter of 2023 was characterized by ever-increasing government bond yields. This,...