Daily News

Market Call Source: BNN Bloomberg March 22, 2024

Christine Poole's Top Picks: March 21, 2024

Christine Poole, CEO and managing director, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Inflation is moderating; however, recent reports indicate it is receding at a slower pace than many had anticipated a...

Source: BNN Bloomberg March 22, 2024

TSX recap: Index ekes out new record closing high

Canada's main stock index rose Thursday to scrape out a new all-time closing high, while U.S. markets continued to set their own records.  The S&P/TSX Composite Index closed up 41.55 points, or 0.19 per cent, at 22,087.26. In New York, the Dow Jones Ind...

Source: Financialpost March 22, 2024

Posthaste: Who says cities are dead? These four are driving Canada's economy

Biggest cities accounted for almost half of GDP and employment We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Who says cities are dead? These four are driving Ca...

Source: Financialpost March 22, 2024

'Wow, nobody wants to buy us': Investors exit as gold prices surge

Central banks are buying gold while investors are selling it in an example of how geopolitical shifts are affecting commodities Get the latest from Gabriel Friedman straight to your inbox Sign Up Two decades ago, rising gold prices launched a historic...

Source: Financialpost March 22, 2024

5 tax changes to watch out for in the upcoming federal budget

Jamie Golombek: Possibilities include changes to the capital gains inclusion rate, retirement taxes and top tax bracketReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...

Economy Source: Financialpost March 22, 2024

Canadians receiving EI up 18% from last year

Data adds to evidence labour market is softeningThe number of Canadians receiving unemployment benefits in January rose 18 per cent compared to a year earlier, marking the fourth straight month that it was higher than the pre-pandemic level. We apolog...

Economy Source: Financialpost March 22, 2024

Canada to put a cap on temporary residents for the first time

Caps on students, asylum seekers and temporary workers to be introduced this fall Get the latest from Naimul Karim straight to your inbox Sign Up Prime Minister Justin Trudeau’s government will be limiting the number of temporary residents entering Ca...

Source: BNN Bloomberg March 21, 2024

Markets today: S&P 500 closes at historic 5,200 mark after Fed

Wall Street traders sent stocks to fresh all-time highs as the Federal Reserve signaled it’s on track to cut interest rates for the first time since the onset of the pandemic. In a historic move, the S&P 500 topped 5,200 on speculation that the end of the...

Source: BNN Bloomberg March 21, 2024

TSX recap: Index gets 0.85% boost after U.S. Fed announcement

U.S. markets got a boost from the U.S. Federal Reserve's latest interest rate announcement, moving higher in the afternoon while Canadian markets followed suit.  The S&P/TSX Composite Index closed up 185.13 points, or 0.85 per cent, at 22,045.71. In New...

Source: BNN Bloomberg March 21, 2024

Reddit IPO prices at top of range to raise US$748 million

Reddit Inc. and its selling shareholders raised US$748 million, pricing shares in an initial public offering at the top of a marketed range, according to people familiar with the matter. The social media platform, along with its top executives and other em...