Daily News

U.S. stocks ended lower as fresh concerns about the health of American regional lenders dragged down bank shares, even as big-tech earnings helped support broader sentiment. The S&P 500 retreated 0.4 per cent as First Republic Bank’s woes deepened Wednesda...

Space as a category of investment is still in the early development stages but weakness in technology and venture capital is weighing on the emerging industry, according to a partner at a space-themed venture capital firm.  Chad Anderson, a managing partne...

Meta Platforms Inc. shares surged after the social media company reported first-quarter revenue that exceeded analysts’ estimates and signaled the beginnings of a recovery in digital advertising. First-quarter sales rose to US$28.6 billion — a return to gr...

Dennis da Silva, senior portfolio manager, Middlefield Capital Corporation FOCUS: Resource stocks  MARKET OUTLOOK:  In the world of commodities, there are a few key points to keep in mind, supply discipline or lack of investment, the recovery of Ch...

Canadian Pacific Kansas City says its net income for the first quarter of 2023 was $800 million, up more than 35 per cent from $590 million a year earlier. The Calgary-based railway company says diluted earnings per share were 86 cents, up more than 36 per...

The longer the PSAC strike lasts, the greater the risk of financial harm to small-business owners By Jasmin Guénette and Christina Santini THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city...

Higher rates for longer could squeeze Canadians carrying record amounts of mortgage debt TORONTO — Canadian inflation excluding food and energy costs is expected to remain above three per cent until the fourth quarter of this year, the median f...

Rogers says it will be first wireless company in Canada to bring satellite connectivity coast to coast Rogers Communications Inc. has announced a partnership with Elon Musk‘s Space Exploration Technologies Corp. to bring satellite-to-phone cove...

U.S. stocks dropped the most in two months and Treasury yields retreated after First Republic Bank’s disappointing earnings and potential assets sale rekindled worries that the banking crisis has not run its course. The S&P 500 lost 1.6 per cent in afterno...

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: Conflicting macroeconomic news has kept the major markets largely range-bound since Halloween. By Friday...