Daily News

Source: BNN Bloomberg May 07, 2024

Michael Lee-Chin on investing in Canada’s nuclear industry

One prominent Canadian businessman says he is bullish on Canada’s nuclear energy industry and has invested in the sector.  Michael Lee-Chin, the chairman of Portland Holdings, said in an interview with BNN Bloomberg on Monday that whenever there is a shift...

Market Call Source: BNN Bloomberg May 07, 2024

Brendan Caldwell's Top Picks: May 6, 2024

Brendan Caldwell, president and CEO at Caldwell Investment Management FOCUS: North American large-cap stocks MARKET OUTLOOK: The market has done quite well so far this year, maintaining its strong momentum from last year despite the elevated economic...

Source: BNN Bloomberg May 07, 2024

Palantir beats sales estimates, raises outlook on AI enthusiasm

Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year. The company nudged its annual revenue forecast slightly highe...

Source: Financialpost May 07, 2024

EV makers shift gears to lower prices, hybrids as consumer appetite slackens

Multibillion-dollar investments show automakers see EVs as industry's future, but getting there is tough Get the latest from Gabriel Friedman straight to your inbox Sign Up The volatility of the electric-vehicle transition has been on full display rec...

Source: Financialpost May 07, 2024

Why your retirement may be different than you expected

Jason Heath: There is no surefire formula for planning for retirement, so expect the unexpectedReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: Financialpost May 07, 2024

Warren Buffett eyes Canadian investment as cash pile hits fresh record

War chest expected to hit $200 billion at the end of this quarterBerkshire Hathaway Inc.’s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. We apologize, but this video has failed to load...

Source: Financialpost May 07, 2024

Posthaste: Canadian dream of owning a home is fading for a whole generation

Millennials and gen z have seen the most significant decline in homeownership We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian dream of owning a home is f...

Source: Financialpost May 07, 2024

TD Bank risks 'lost decade' in money-laundering scandal, Jefferies says

The U.S. Department of Justice is investigating the bank over its ties to a US$653 million drug money-laundering caseA veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” mo...

Economy Source: Financialpost May 07, 2024

Trudeau, economy face warning signs as gen Z feels poorer

The youth personal finance sentiment has been in free-fall since March, down 17 points in five weeksCanadians are feeling gloomy about their personal finances — and generation Z is the gloomiest of all. We apologize, but this video has failed to load....

Source: Bankofcanada May 06, 2024

Bank of Canada updates progress on new $20 note

On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note. As announc...