Daily News

The stock market snapped back at the end of a dizzying week as traders reduced their wagers on a bigger Federal Reserve hike in July, while parsing a raft of Wall Street earnings and hoping for signs of capitulation that could set the stage for a more sustain...

BlackRock Inc. clients slowed the amount of money they poured into the firm’s core investment funds as markets cratered and inflation surged. Net inflows into those products, called long-term funds, totaled US$69 billion for the three months ended June 30,...

Carson Block was on a Delta flight to New York when he felt blood pooling on his seat. It’s a tale the famous, filter-free founder of trading firm Muddy Waters Capital launches into to make a point about misdoings among short sellers, the subject of a vast...

Canada’s benchmark index closed higher Friday but it wasn’t enough to pull the S&P/TSX Composite Index out of a weekly loss as the heavyweight financial subsector buckled under souring investor sentiment. The Canadian benchmark index closed 65.39 points hi...

Zachary Curry, director and portfolio manager, Greenrock Capital Partners FOCUS: North American large caps MARKET OUTLOOK: There has definitely been no shortage of doom and gloom headlines over the past six months. While we agree that the overall m...

Ask paid stock forecasters what the market will do next, and the answers aren’t reassuring. Anything from plunge 12 per cent to jump 32 per cent, say S&P 500 strategists tracked by Bloomberg, among the widest ranges on record. Such a breadth of outcomes is...

Canadian private equity firms pulled back on deal making in the first half of 2022, according to recent data from industry tracker PitchBook, with experts attributing the slowdown to economic factors such as rising interest rates and inflation.     The down...

It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime. So while inflation is clearly happening, ac...

Monday, July 18 Notable data: Canadian housing starts Notable earnings: Bank of America, Goldman Sachs, IBM Tuesday, July 19 Notable data: U.S. housing starts and building permits Notable earnings: First Horizon, Johnson & Johnson, Netfli...

Credit defaults are on track to rise in North America, Europe, Asia, and Australia, according to a survey by the International Association of Credit Portfolio Managers, as the risk of global recession mounts. The economic slump is likely to occur later thi...