Daily News

Source: Financialpost April 30, 2024

Hot U.S. inflation signal throws Bank of Canada a curveball

Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflationThe Bank of Canada‘s upcoming interest rates decision just got more complicated after United States economic data out this week showed growth s...

Source: Financialpost April 30, 2024

Diane Francis: Trudeau's gross fiscal mismanagement

If Ottawa were a publicly traded company, it would have no shareholders or investorsIt’s tax time, which is always depressing in Canada thanks to the country’s spendthrift federal government. We apologize, but this video has failed to load. Try refres...

Source: Financialpost April 29, 2024

3 big questions about how the capital gains tax increase affects you

Ottawa says only a small percentage of taxpayers will be subject to the changes. In reality, a much wider spectrum of Canadians will be impactedThe federal government’s decision to increase the capital gains tax rate to 66.7 per cent from 50 per cent has cau...

Source: Financialpost April 29, 2024

A 50-cent Canadian dollar, $3,000 gold and housing market fixes: FP top videos

Will the Canadian dollar stay low and gold prices stay high? Watch FP top videosThe Canadian dollar is slumping and gold prices are surging. FP Video looks at these topics and more. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost April 28, 2024

Howard Levitt: Even Google, once a leader among the woke, is waking up

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 Workday Workday Opinion: Tech giant's decision to...

Source: Financialpost April 28, 2024

Many Canadians are delaying filing their taxes out of fear of owing money, survey says

CRA deadline to submit return is April 30An increasing number of Canadians have delayed filing their taxes because they’re worried about owing money this year, according to a new survey by H&R Block Canada. We apologize, but this video has failed to l...

Source: BNN Bloomberg April 27, 2024

The Daily Chase: Big tech beats, oil earnings disappoint

Here are five things you need to know this morning. Big beats at Google and Microsoft: Earnings from tech giants Alphabet and Microsoft were hotly anticipated on Thursday, and the numbers from both companies came in ahead of expectations. Google was the bi...

Company News Source: BNN Bloomberg April 27, 2024

Alphabet joins $2 trillion club as results show AI strength

Alphabet Inc. closed decisively above a US$2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence. The stock rose 10 per c...

Source: BNN Bloomberg April 27, 2024

Markets today: 'AI craze' powers best week in 2024 for stocks

A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh of relief after the latest inflation data came roughly in line with estimates. Equities notched their best week in 2024 after Microsoft Corp. and Goog...

Source: BNN Bloomberg April 27, 2024

The Week Ahead: Fed interest rate announcement; Canada GDP data due

Monday, April 29 Earnings: Cargojet, Gibson Energy, Domino’s Pizza, Paramount Global Tuesday, April 30 8:30 a.m. Canada Monthly Real GDP (February) U.S. FOMC Meeting Begins Earnings: Cameco, Ivanhoe Mines, Restaurant Brands Intl, Allied P...