Daily News

Canadians live in a great, big, rich country that is run by very small-minded, isolated people OPEC kicked the United States, the West, and the world’s poorest nations in the teeth recently with oil production cuts that will raise prices to hel...

U.S. stocks fell after a report showed U.S. year-ahead inflation expectations rose for the first time in seven months. The dollar gained and Treasuries fell. The S&P 500 closed near lows of the day, falling more than 2 per cent. The growth-sensitive Nasdaq...

BlackRock Inc.'s chief macroeconomic strategist, Rupert Harrison, said the U.K. government must backtrack on its budget plans to prevent turmoil in financial markets from spreading. “It does seem pretty clear that the government is preparing a U-turn on at...

Bruce Murray, chief executive officer and chief investment officer, The Murray Wealth Group FOCUS: Global and North American equities MARKET OUTLOOK: The bear market continues to feed off the fear of higher interest rates which may feed a more sign...

BMO Capital Markets Chief Investment Strategist Brian Belski, who just a few days ago was clinging to a year-end S&P/TSX Composite Index target that implied almost 32 per cent potential upside, has cut that outlook. “Given the persistent inflationary envir...

A shift toward private markets is cushioning many of the world's largest investors from the wreckage wrought by runaway inflation and spiraling interest rates. The big question now looming over giants from China's US$1.2 trillion sovereign wealth fund to C...

Canada's main stock index fell almost 300 points Friday after a surprise reversal Thursday, pulled down by losses in energy and base metals, while the U.S. markets fell at a steeper rate. The S&P/TSX Composite Index was down 287.28 points, or 1.54 per cent...

At times this week, not even a crystal ball into the economy would’ve helped foretell the stock market’s return. Red-hot consumer prices? Stocks rallied violently, adding 5 per cent in a flash. In the end, though, the direction of the drift was all too pre...

U.K. pension funds are dumping assets to meet margin calls as the BOE confirmed it will end emergency bond buying, and the reverberations are being felt everywhere from Sydney to Frankfurt and New York.  In the US, investment-grade corporate bonds are fall...

A closely watched measure of U.S. consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. The core consumer price index, whi...