Daily News

Source: Financialpost April 15, 2023

Jack Mintz: Sorry, Mr. Singh: Inflation-adjust food profits and gouging disappears

Explanation for high food prices is not price gouging It isn’t surprising that NDP leader Jagmeet Singh would argue food inflation is due to price gouging by grocery companies. His business is politics after all, not a truth-finding mission. Wh...

Source: Financialpost April 15, 2023

Canadians are about to be hit by the full shock of rising interest rates

This is what the Bank of Canada sees happening on the ground Get the latest from Stephanie Hughes straight to your inbox Sign Up Canadians are about to feel the full effect of the interest-rate shock the Bank of Canada put in motion a...

Executive Summary Source: Financialpost April 15, 2023

Posthaste: Canadians fear worst yet to come for economy as high interest rates take financial toll

46% are $200 away or less from not being able to meet their financial obligations Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: BNN Bloomberg April 14, 2023

​Social media stocks to consider from Angelo Zino

​One analyst is bullish on some social media stocks that he says stand to benefit the most within the sector in the years to come.   Speaking with BNN Bloomberg’s Paul Bagnell on Thursday, Angelo Zino, senior equity analyst at CFRA Research, said he looks...

Source: BNN Bloomberg April 14, 2023

TSX recap: Index finishes 0.54% higher as U.S. markets also gained

Canada's main stock index rose more than 100 points Thursday while U.S. stock markets climbed steadily throughout the day to post gains of more than one per cent. The S&P/TSX Composite Index was up 110.17 points, or 0.54 per cent, at 20,564.49. In New Y...

Source: BNN Bloomberg April 14, 2023

U.S. stocks gain as data anchor bets peak rates is near

U.S. equities traded higher Thursday, as the latest readings on jobs and factory-gate inflation were slightly softer than expected, a boost for those hoping the Federal Reserve may be approaching the end point of an era of aggressive interest rate hikes. T...

Market Call Source: BNN Bloomberg April 14, 2023

James Telfser's Top Picks: April 13, 2023

James Telfser, partner and portfolio manager, Aventine Investment Counsel FOCUS: North American stocks  MARKET OUTLOOK:  We find ourselves in a period where near-term growth and earnings expectations continue to decelerate for both the economy and...

Source: Financialpost April 14, 2023

Bank of Canada Q+A: Where do interest rates go from here?

FP editor-in-chief Kevin Carmichael answers your questions on the Bank of Canada, interest rates, inflation and the economy Get the latest from Kevin Carmichael straight to your inbox Sign Up The Bank of Canada kept interest rates on...

Source: Financialpost April 14, 2023

Kevin Carmichael: 3 things the Bank of Canada subtly told us at its press conference

Three observations that shed light on the central bank's thinking Get the latest from Kevin Carmichael straight to your inbox Sign Up Once a quarter, the Bank of Canada simultaneously updates its policy, releases a new quarterly econo...

Source: BNN Bloomberg April 13, 2023

Shopify stock jumps after gaining one more Wall Street bull

Shopify shares rose 1.2 per cent Wednesday, paring some gains from earlier in the day, after winning over one more analyst. JMP Securities upgraded the e-commerce company to market outperform from market perform and set a US$65 price target. The target imp...