Daily News

Source: Financialpost January 23, 2024

Court rebukes man who transferred home to brother to avoid paying ex-wife

'Bad faith' actions worsen financial pain for former husbandReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. All too often, separated...

Economy Source: Financialpost January 23, 2024

Trudeau government likely to miss Canada's fiscal goal, business group warns

Unlikely to follow through on latest pledge to control budget shortfallsOne of Canada’s largest business groups says Prime Minister Justin Trudeau’s government is unlikely to follow through on its latest pledge to control its budget shortfalls. We apo...

Source: Financialpost January 22, 2024

Ottawa's EV targets not achievable without support, says auto sector leader

Watch Brian Kingston, chief executive of the Canadian Vehicle Manufacturers’ Association, on Canada's EV aspirationsBrian Kingston, chief executive of the Canadian Vehicle Manufacturers’ Association, talks with the Financial Post’s Larysa Harapyn about the s...

Source: Financialpost January 21, 2024

Housing market has turned a corner, Royal LePage says

Watch: Phil Soper of Royal Lepage on what's in store for the Canadian real estate market when rate cuts startPhil Soper, CEO of Royal Lepage, talks with Financial Post’s Larysa Harapyn about what’s in store for the Canadian real estate market when the Bank o...

Source: BNN Bloomberg January 20, 2024

Markets today: S&P 500 hits all-time high in historic bull run

  Wall Street is ending the week on a positive note, with stocks closing at all-time highs on speculation the Federal Reserve will start cutting rates this year — bolstering the outlook for Corporate America.  Another rally in the S&P 500’s most-influen...

Source: BNN Bloomberg January 20, 2024

Three consumer staple stocks with upside in 2024: Citi analyst

Consumer staple stocks underperformed broader equity markets for most of 2023, but an analyst says there are opportunities in the space that investors can take advantage of this year. Filippo Falorni, vice president and equity research analyst at Citi, tol...

Source: BNN Bloomberg January 20, 2024

The Week Ahead: interest rate decision, Tesla earnings

Monday, Jan. 22 Notable earnings: United Airlines Tuesday, Jan. 23 Notable earnings: GE, JNJ, Procter & Gamble, Verizon, 3M, CN Rail, Netflix, Baker Hughes Wednesday, Jan. 24 Notable data: Bank of Canada interest rate decision and...

Market Call Source: BNN Bloomberg January 20, 2024

Brooke Thackray's Top Picks: January 19, 2024

Brooke Thackray, research analyst at Horizons ETF Management Canada Focus: Seasonal investing and technical analysis Market outlook: 2023 will be known as the year of “no recession,” despite pundits calling for one. Several indicators were showing...

Source: BNN Bloomberg January 20, 2024

TSX recap: financial, utility and tech stocks lift Index 0.72%

Strength in financial, utilities and technology stocks helped the TSX gain almost 150 points Friday, while U.S. markets broadly rose on the back of technology, with the S&P 500 rallying to hit a new all-time record high.  The S&P/TSX Composite Index closed...

Source: Financialpost January 20, 2024

Stellantis warns of 'bloodbath' from EV price cuts as Ford chops F-150 Lightning output

Cost reductions risk damaging carmakers' financial healthStellantis NV boss Carlos Tavares has warned carmakers cutting electric vehicle prices too fast risked a “bloodbath” in the industry, hours after Ford said it was reducing production of its battery-pow...