Daily News

Ted Rechtshaffen: Bank of Canada rate cuts will be cause for celebration for manyThe Bank of Canada overnight rate started 2023 at 4.25 per cent and will finish the year at five per cent, for a rise of 0.75 per cent after a rise of four per cent in 2022. I b...

FORT MYERS, Fla. (AP) — A 6-year-old boy who left on a flight for the Christmas holiday to visit his grandmother in southwest Florida instead was put on the wrong plane and ended up 160 miles away in Orlando, Florida. We apologize, but this video has...

Too much has changed over the past 80 years to suggest that the construction blueprints of the past can deliver todayThe deepening housing crisis has prompted Canada’s federal government to invoke wartime rhetoric, borrowing building strategies from a bygone...

C.D. Howe Institute's William Robson explains what 'really awful' business investment means to the economyWilliam Robson, chief executive of the C.D. Howe Institute, talks with Financial Post’s Larysa Harapyn about the dismal state of business investment in...

NEW YORK (AP) — With Christmas right around the corner, you might want to check the list of what stores are open (and closed) twice. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our...

Martin Pelletier: Enjoy the Christmas gifts we’re being given by the markets right now, but act prudently after New Year’s DayWhat a difference a year makes, as markets are once again in rocket mode with quite the Santa Claus rally to end 2023. We apo...

Home sales expected to revive when Bank of Canada cuts interest rates but rally will be mutedInflation and interest rates will once again determine the fate of the housing market next year after a turbulent 2023 that was full of surprises, industry players s...

Monday, Dec. 25 Christmas Day, markets are closed in Canada and the U.S. (BNN Bloomberg is dark)  Tuesday, Dec. 26 Boxing Day, Toronto Stock Exchange (TSX) is closed (BNN Bloomberg is dark) Notable data: S&P CoreLogic Case-Shiller Home Pric...

Financial assets from stocks to bonds notched another winning week as data readouts only reinforced Wall Street’s conviction in early and deep rate cuts next year.  After a choppy low-volume session ahead of the Christmas holiday the S&P 500 notched an eig...

Strength in base metal and utilities stocks helped Canada's main stock index rise more than 150 points on Thursday, while U.S. stock markets also climbed higher. Markets made a partial recovery after slumping the day before, with the TSX falling more than...