Daily News

Goldman Sachs Group Inc. sold US$3.5 billion in bonds Wednesday, the third time the company or one of its units has borrowed in the investment-grade market in just over two months.  The bonds were issued by unit Goldman Sachs Bank USA and include both fixe...

A raucous two-week stretch for GameStop Corp. has more than tripled its share price, but the company itself hasn’t taken advantage of the surge by selling stock — and the explanations about why are wide-ranging. Unlike AMC Entertainment Holdings Inc., a fe...

Canada’s Polar Asset Management Partners Inc. raised US$300 million for a fund that will invest in credit risk transfers, taking advantage of a trend that sees banks offloading risk into a fast-growing corner of the credit markets.   The fund offers instit...

With the S&P 500 Index setting all-time highs, BMO Capital Markets is predicting even more gains through the end of 2024. Brian Belski, the firm’s chief investment strategist, lifted his year-end forecast on the U.S. equity benchmark to 5,600, the highest...

At Florida Agricultural and Mechanical University, this year’s commencement ceremony brought a remarkable twist: The 136-year-old, historically Black public school was getting a US$238 million gift.  But the money wasn’t coming from a wealthy captain of in...

Cisco Systems Inc. gained about 4 per cent in extended trading after giving a solid sales and profit forecast for the current quarter, indicating that some customers are beginning to invest in their computer networks again. Sales will be US$13.4 billion to...

The Canada Mortgage and Housing Corp. estimates the country needs to build at least 3.5 million additional units by 2030Canada’s housing starts fell for a second consecutive month as the country’s construction shortfall continues. We apologize, but th...

Today it is inflation south of the border that will be in the spotlight We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The Bank of Canada should watch this 'hurd...

National market is the most balanced since before the pandemic, says CREAA trend may be unfolding in Canada’s housing market, as the number of active listings continued to edge upward, rising sharply in April to reach its highest point in more than five year...

Meme-stock traders again piled into GameStop Corp. and AMC Entertainment Holdings Inc., a day after shares of both firms soared in a revival of the retail frenzy.  The video-game retailer’s stock jumped 120 per cent in premarket trading on Tuesday, while t...