Daily News

Market is now pricing in a 40% chance of a rate cut next month, down from 60%Inflation accelerated in May by 2.9 per cent on a year-over-year basis, according to Statistics Canada, which will surprise economists who were expecting it to ease from the 2.7 per...

Stocks lost traction as an about US$400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather. While various sectors outside the technology world advanced on Monday, Nvidia...

Nvidia Corp. shares entered correction territory on Monday, as an ongoing selloff erased a historic amount of value for the AI-focused chipmaker. The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since Apr...

Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy. A gauge of the largest 100 digital assets fell about five per ce...

Jeff Parent, chief investment officer at Castlemoore FOCUS: Technical analysis  MARKET OUTLOOK: There’s a little concern we have with the markets now. Since around the end of May and into June, most developed markets are dropping quickly. Examples...

Is it time to cash in your bullion? Maybe We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The mystery of gold prices just got more mysterious Back to video We...

Pathways Alliance says new legislation that prompted it to strip its website will 'silence' other Canadian businesses Get the latest from Naimul Karim straight to your inbox Sign Up A group formed by Canada’s six largest oilsands companies that is wor...

Economists are predicting a slight decrease in Tuesday's inflation numbers, giving the central bank further room to cut its policy rateStatistics Canada will release May inflation data on Tuesday and if the numbers show price growth continued to cool, as man...

Haider-Moranis: Peak decline in household consumption has yet to materialize, Bank of Canada analysis suggestsBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other vide...

There is room for more investment in jobs — without stoking inflation, Bank of Canada governor saysBank of Canada governor Tiff Macklem says the country must not take its competitive labour market for granted, adding that with inflation much closer to two pe...