Daily News

Source: Financialpost January 16, 2023

Striking lithium in the highly prospective Lithium Triangle within Argentina

This article is Sponsored This story was created by Content Works, Postmedia’s commercial content division, on behalf of a client. by Argentina Lithium “I believe that news of a significant resource in our first resource rep...

Source: Financialpost January 16, 2023

Two things to watch ahead of the Bank of Canada's next rate decision

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Readings on infla...

Source: BNN Bloomberg January 15, 2023

Retail traders power crazed week as Bed Bath & Beyond soars 263%

It has been a dizzying start to the year for Bed Bath & Beyond Inc. investors after the company’s bankruptcy warning sparked renewed buying by retail traders and fueled a rally reminiscent of the meme-stock frenzy two years ago. Shares in the home-goods re...

Source: BNN Bloomberg January 15, 2023

The Week Ahead: Canadian inflation data, BoC Business Outlook Survey

Monday, January 16 Notable data: Construction Investment, Manufacturing Sales & Orders, New Motor Vehicle Sales, Existing Home Sales, MLS Home Price Index 1030: BoC Business Outlook Survey and Survey of Consumer Expectations (Q4) Note: U.S. Markets...

Source: Financialpost January 15, 2023

Grocery business to have first-ever code of conduct by end of 2023: Agriculture minister

The new set of rules could mute the power of Canada's grocery oligopoly Negotiators from all corners of the food industry are close to finalizing a code of conduct that Agriculture Minister Marie-Claude Bibeau said could be implemented by the e...

Source: Financialpost January 15, 2023

Why Scotiabank's chief economist thinks the Bank of Canada won't bring inflation back to 2%

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC 'There has been a...

Source: BNN Bloomberg January 14, 2023

S&P 500 within a whisker of 4,000 in stock rebound

Stocks closed at the highest in a month after data showed a drop in inflation expectations and major banks rebounded from losses driven by worrisome outlooks. Treasuries fell. Ahead of Monday’s U.S. holiday, the S&P 500 crossed its 200-day moving average a...

Source: BNN Bloomberg January 14, 2023

Investors look for 2023 outlooks from companies as earnings season looms

  Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched than individual company reports. Companies have been signalling a lacklustre earnings season for...

Source: BNN Bloomberg January 14, 2023

TSX recap: Index finishes 0.74% higher amid broad-based gains

Canada's main stock index rose almost 150 points Friday on broad-based gains, while U.S. markets also rose. The S&P/TSX Composite Index was up 148.90 points, or 0.74 per cent, at 20,360.10. In New York, the Dow Jones Industrial Average was up 112.64 poi...

Personal Finance Source: BNN Bloomberg January 14, 2023

6 TFSA myths that could dampen tax savings

Canadians love their tax-free savings accounts (TFSA). Since its launch in 2009, more than 60 per cent of us have opened a TFSA.  And there’s good reason to love them. Gains on investments are never taxed…well, in most cases. The myth that investment ga...