Daily News

Highest since 2008 on surging oil prices Canada’s merchandise trade surplus widened to the largest in 14 years as the nation benefits from surging global prices for its crude oil. We apologize, but this video has failed to...

Contraction expected to be moderate and short-lived Economists with the Royal Bank of Canada are predicting the country will head into a moderate and short-lived recession in 2023 as inflation, historic labour shortages and rising interest rates dr...

Investors bet on the popularity of music from artists ranging from Adele to Neil Diamond to Rosanne Cash as they bought up bonds backed by licensing their catalogues.  Performing-rights organization SESAC, which licenses music to radio, television and film...

Canada’s main stock index pared back some of its losses on Tuesday to close 194.70 points lower at 18,834.16. Earlier in the trading session, the index fell nearly 400 points as energy stocks dragged the broader market. Athabasca Oil Corp., Precision Dr...

Jason Del Vicario, portfolio manager, Hillside Wealth Management, iA Private Wealth FOCUS: North American and global growth stocks MARKET OUTLOOK: Equity markets have continued to be volatile through the second quarter. Bonds have also been weak; b...

US stocks came off session lows, buoyed by gains in technology companies, though sentiment remains sour as recession fears continue to grip the market. Treasuries gained and oil tumbled. The S&P 500 pared losses after dropping more than 2 per cent, as easi...

The classic 60/40 portfolio, where investments are split 60 per cent in stocks and 40 per cent in bonds, has taken a beating this year as both asset classes have plunged.  But now may be “precisely the wrong time to steer a new path” and abandon the balanc...

The European Central Bank plans to rejig its corporate bond portfolio to favor issuers that pollute less, marking its most significant shift yet to weave environmental considerations into monetary policy.  The ECB will reinvest “the sizeable redemptions ex...

The S&P/TSX Composite Index closed 167.50 points higher on Monday to 19,028.86 in a broad-based rally led by materials and energy. Trading volume was 54.29 per cent below the 100-day average as U.S. markets were closed for the July 4th holiday and many tra...

US equity-index futures and European bonds fell as investors worried about the twin threats of dwindling economic growth and stubborn inflation.  Contracts on the S&P 500 and Nasdaq 100 dropped at least 0.3 per cent each after the underlying indexes capped...