Daily News

Source: Financialpost January 28, 2024

Chevron Says California Plays a Risky Game With Climate and Gasoline

Chevron Corp. warns its home state of California’s climate policies are a “dangerous game” that risk causing gasoline price spikes and shortages.(Bloomberg) — Chevron Corp. warns its home state of California’s climate policies are a “dangerous game” that ris...

Source: BNN Bloomberg January 27, 2024

Markets today: Bond yields rise on bets Fed 'not rushing' to ease

Wall Street grappling with mixed economic data sent Treasuries down, with traders betting the Federal Reserve will signal patience before it decides to cut interest rates this year. Bond losses were led by shorter maturities as data showed personal spendin...

Source: BNN Bloomberg January 27, 2024

The Week Ahead: GDP data due, Rogers earnings

Monday Jan. 29 Earnings: Celestica, Whirlpool Tuesday Jan. 30 Earnings: Algoma Steel, Canopy Growth, Metro, CAE, CP Rail Other earnings: Pfizer, JetBlue, UPS, GM, AMD, Mondelez, Alphabet Starbucks, Microsoft, Electronic Arts Wednesday...

Source: BNN Bloomberg January 27, 2024

RBC analyst recommends consumer staple stocks

Consumer staple stocks underperformed broader equity markets last year, but an analyst has identified selective buying opportunities in the sector that he says investors should consider. Nik Modi, managing director and global co-head of consumer research a...

Technology Source: BNN Bloomberg January 27, 2024

Researchers 'concerned' about some 'finfluencer' investing content

A new report examines the impact of social media financial influencers, highlighting disclosure concerns among influencers making stock recommendations. The report published Thursday by the CFA Institute found Gen Z investors were more likely to seek inves...

Source: BNN Bloomberg January 27, 2024

TSX recap: Index edges 0.11% higher

Canada's main stock index eked out a gain Friday, while U.S. markets ended the day mixed as tech pulled equities lower. The S&P/TSX Composite Index closed up 23.74 points at 21,125.28. In New York, the Dow Jones Industrial Average was up 60.30 points at...

Source: Financialpost January 27, 2024

Ontario to require universities and colleges to guarantee foreign student housing

Move follows cap on international students visas imposed by Ottawa earlier this weekOntario, the most populous province in Canada and home to half the country’s foreign students, will require all colleges and universities to guarantee housing is available fo...

Source: Financialpost January 27, 2024

Cutting costs not enough? Here's how to start a side hustle that works

If you are scrimping and saving all you can and still not making ends meet, there is a solutionReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: Financialpost January 27, 2024

Toronto office tower goes up for sale in sign of market thaw

Dream REIT has hired CBRE Group and TD to market 438 University Ave.A Canadian landlord is sounding out potential buyers for a downtown Toronto office tower, testing a market that’s been largely frozen since interest rates started shooting up nearly two year...

Source: Financialpost January 27, 2024

Jack Mintz: Canada's EV strategy has cost $4 million a job

Chrystia Freeland's new economy is fuelled by old-fashioned subsidiesWith Canadian GDP per capita dropping like a stone, what would you expect our minister of finance, Chrystia Freeland, to say last week at the elite Davos confab? “Come to Canada! We have $1...