Daily News

US stocks rallied for the fourth straight day on optimism that the Federal Reserve will be able to curb inflation without tipping the economy into a recession.  The S&P 500 and the tech-heavy Nasdaq 100 rose the most in two weeks. Commodities from oil to c...

Bitcoin rode a wave of risk-on momentum Thursday to hit its highest level in more than a week as recent economic data eased trader concerns that inflation will be too hot to tame. The world’s largest cryptocurrency by market capitalization jumped more than...

Kevin Carmichael: It feels like Canada is entering a new phase of persistently strong demand for workers Canada’s red-hot labour market cooled a little in June. It’s now only historically hot. Here’s what you need to know:...

Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump. A historic rout in the so-called FAANG cohort -- Facebook owner Meta Platforms Inc., Apple Inc., Amazon.com Inc., Netflix Inc....

Canada’s main stock index climbed off its intraday low and U.S. markets ended in positive territory as investors brushed off the latest U.S. Federal Reserve minutes that showed officials advocated for a further rise in interest rates. The S&P/TSX Composite...

US stocks rose for the third straight day as investors parsed economic data that hinted at slightly slower growth, prompting some to brush off the hawkish stance that the Federal Reserve reiterated in its June meeting minutes as outdated.  The S&P 500 ende...

Mike Archibald, vice president and portfolio manager, AGF Investments FOCUS: Canadian equities MARKET OUTLOOK: It has been a very challenging first half for almost all asset classes – both stocks and bonds registered two consecutive quarters of neg...

Highest since 2008 on surging oil prices Canada’s merchandise trade surplus widened to the largest in 14 years as the nation benefits from surging global prices for its crude oil. We apologize, but this video has failed to...

Contraction expected to be moderate and short-lived Economists with the Royal Bank of Canada are predicting the country will head into a moderate and short-lived recession in 2023 as inflation, historic labour shortages and rising interest rates dr...

Investors bet on the popularity of music from artists ranging from Adele to Neil Diamond to Rosanne Cash as they bought up bonds backed by licensing their catalogues.  Performing-rights organization SESAC, which licenses music to radio, television and film...