Daily News

Source: Financialpost December 20, 2022

The man who bought Celine Dion's Nickels deli could be coming for your favourite restaurant chain next

Foodtastic just snapped up Freshii for $74.4 million in latest acquisition of brands that's turned it into a major restaurant franchisor A few years ago, Foodtastic Inc. was a minor restaurant franchisor in Montreal. It started with a burger co...

Source: Financialpost December 19, 2022

Mortgage defaults and foreclosures on the rise as interest rates climb

Even higher rates could cause further troubles for rate-sensitive housing market Mortgage brokers are beginning to see more instances of default on privately financed loans and an increase in powers of sale as the central bank raises interest r...

Source: Financialpost December 18, 2022

From rising consumer debt to a cannabis-case shocker: Here are the week's top 7 stories

Watch Financial Post reporter Stephanie Hughes count down the stories that made headlines Stephanie Hughes, finance reporter for the Financial Post, walks you through the top seven stories of the week. To read more click on links below....

Source: Financialpost December 18, 2022

Here's how much you should have saved for retirement at each stage of life

Know your goals for each decade leading up to retirement This article was created by MoneyWise. Postmedia and MoneyWise may earn an affiliate commission through links on this page. We apologize, but this video has faile...

Source: BNN Bloomberg December 17, 2022

TSX recap: Index finishes 0.8% lower amid broad-based losses

Investor hopes for a "Santa Claus rally" this December were dampened yet again Friday, as broad-based declines capped a week of losses on North American markets.                 The S&P/TSX Composite Index was down 157.35 points, or 0.8 per cent, at 19,443...

Market Call Source: BNN Bloomberg December 17, 2022

Christine Poole's Top Picks: December 16, 2022

Christine Poole, chief executive officer and managing director, GlobeInvest Capital Management FOCUS: North American large caps MARKET OUTLOOK: Hindsight is 20/20. The fiscal and monetary policy responses to the pandemic imparted outsized imbalance...

Source: BNN Bloomberg December 17, 2022

U.S. stocks end jittery week lower as Fed hawks circle

U.S. stocks suffered their longest weekly losing streak since September, with investors concerned that the Federal Reserve’s resolve to keep raising rates could tip the economy into a recession. The S&P 500 and the tech-heavy Nasdaq 100 closed the session...

Source: BNN Bloomberg December 17, 2022

The Week Ahead: Earnings from Blackberry; CPI data due

Monday, December 19 Notable data: Teranet/National Bank HPI, Industrial Product and Raw Materials Price Indices, US NAHB Housing Index Tuesday, December 20 Notable data: Retail Sales, New Housing Price Index, Monthly Credit Aggregates, US Hou...

Source: Financialpost December 17, 2022

Canada's housing market falls deeper into correction with prices down 11.5% from peak

Prices down for ninth straight month in November Canadian home prices fell for a ninth straight month as sharply rising interest rates prompted both buyers and sellers to withdraw from the market heading into the traditionally slower winter sea...

Source: Financialpost December 17, 2022

Why have so many U.S. men quit working? Social status may hold the key

Increasing wage gap between educated peers driving young, white men out of the labour market, study says A decline in social status relative to better-paid peers is a key reason why so many American men have dropped out of the labour force, acc...