Daily News

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Here's what econo...

Legislative tweak will allow bank to get rid of its first red ink in history Finance Minister Chrystia Freeland will amend the Bank of Canada Act to give the central bank the ability to retain earnings, a legislative tweak that should allow gov...

Hike prime rates by 25 basis points to 6.7% The Royal Bank of Canada, Toronto-Dominion Bank, the Bank of Montreal, the Canadian Imperial Bank of Commerce, Bank of Nova Scotia and the National Bank of Canada have hiked their prime rates by 25 ba...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Finance minister...

Wall Street saw some buyer fatigue after a solid equity rally, with investors scouring a batch of earnings for clues on the outlook for Corporate America amid mounting fears about a recession. The S&P 500 halted a two-day advance. Just before the start of...

As the risk of a recession continues to grow, one investment professional said investors should be looking to the utilities sector amid possible volatility. Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Andrew Weisel, equity research director at S...

Brooke Thackray, research analyst, Horizons ETF Management Canada FOCUS: Seasonal investing and technical analysis  MARKET OUTLOOK: The stock market is struggling to move higher as a result of major crosscurrents. The stock market continues to p...

The popping of the bubble in U.S. stocks is far from over and investors shouldn’t get too excited about a strong start to the year for the market, warns Jeremy Grantham, the co-founder and long-term investment strategist of GMO.  In fact, the 84-year-old m...

Waratah Capital Advisors’ biggest hedge fund posted its first-ever annual loss in 2022, but the Canadian firm still delivered positive returns on most of its products, including its flagship equity funds. The investment manager’s Waratah Performance fund d...

Inflation in Canada is still too high but has declined from its peak. As the effects of higher interest rates continue to spread through the economy, an...