Daily News

Governor says recent bout of inflation has made people feel cheated and angryMONTREAL — Public trust in the Bank of Canada has been dented by post-pandemic inflation, and it needs to be rebuilt, said governor Tiff Macklem. We apologize, but this video ha...

Investors can still look to tilt their portfolio in certain ways to position themselves for possible longer-term gainsAfter much angst over inflation, the weaker economy in this country finally prompted the Bank of Canada to cut its interest rate by 0.25 per...

Mortgage rates move with bond rates and they're already 'inverted' — lower than short rates, which isn't normal and likely won't lastBy Don Drummond We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other vid...

The average yearly savings in Toronto and Vancouver amounts to $1,860 and $1,994, respectively We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How much are variable-...

Apple Inc. took the wraps off long-awaited new artificial intelligence features, including a partnership with ChatGPT maker OpenAI, betting that a personalized and understated approach to the technology will win over customers. A new AI platform called App...

Stocks joined bonds higher after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year. Big tech led gains in equities as Apple Inc. jumped to a rec...

Moody’s Ratings downgraded Allied Properties Real Estate to junk status on Tuesday, citing the Canadian office landlord’s high debt levels, as well as weakening occupancy rates that will weigh on its ability to meet its obligations.   The bond grader cut t...

Private equity has to contend with a “lost generation” as interest rates remain higher for longer, according to Ontario Teachers’ Pension Plan Chief Strategy Officer Jonathan Hausman. “In the private equity world, we’re probably looking at a little bit of...

Gordon Reid, president & CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Now it gets interesting. The U.S. economy is showing some signs of fatigue – expected given the persistence of the U.S. Federal Reserve, but surprising t...

Apple Inc. shares rallied to their first record since December on Tuesday, as investor sentiment around the iPhone maker continues to improve. Shares soared 7.3 per cent to US$207.15 in their biggest one-day jump since November 2022. The gain added $215.1...