Daily News

Higher rates for longer could squeeze Canadians carrying record amounts of mortgage debt TORONTO — Canadian inflation excluding food and energy costs is expected to remain above three per cent until the fourth quarter of this year, the median f...

Rogers says it will be first wireless company in Canada to bring satellite connectivity coast to coast Rogers Communications Inc. has announced a partnership with Elon Musk‘s Space Exploration Technologies Corp. to bring satellite-to-phone cove...

U.S. stocks dropped the most in two months and Treasury yields retreated after First Republic Bank’s disappointing earnings and potential assets sale rekindled worries that the banking crisis has not run its course. The S&P 500 lost 1.6 per cent in afterno...

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: Conflicting macroeconomic news has kept the major markets largely range-bound since Halloween. By Friday...

Brandon Brot has found himself much sought after at dinner parties and other gatherings over the past year. Brot, the principal at GIC Wealth Management, which currently has over $500 million under management, says enquiries related to Guaranteed Investmen...

Google parent Alphabet Inc. reported first-quarter results that exceeded analysts’ estimates, demonstrating that its search advertising business is so far weathering the economic downturn and increased competitive threats. Sales, excluding partner payouts,...

While analysts broadly expected investors to react positively to Canadian National Railway Co. latest quarterly results, shares slumped amid concerns that a possible recession will weigh on Canada’s biggest railroad’s balance sheet. The Montreal-based rail...

Microsoft Corp.’s third-quarter profit and sales surpassed projections, fueled by resilient corporate demand for its mainstay cloud-computing software and services. Shares jumped more than 5 per cent in late trading. Profit was US$2.45 a share in the perio...

Canadian National Railway Co. announced a new North American container shipping service Monday, upping its financial forecast for the year on the heels of record first-quarter revenues brought on by a bumper grain crop and higher oil prices. Dubbed Falcon...

Canada's main stock index was down more than 200 points Tuesday with broad-based losses led by energy, while U.S. markets also fell.  The S&P/TSX Composite Index was down 236.87 points, or 1.15 per cent, at 20,439.87. In New York, the Dow Jones Industri...