Daily News

'The central bankers actually want a recession' It will be nearly impossible for the North American economy to avoid a recession because interest rates will have to rise much higher to quell inflation, according to the head of fixed income at B...

Stocks pushed higher in the final hour of New York trading, with a rally in megacaps like Apple Inc. and Tesla Inc. driving a rebound that followed the worst weekly rout for the market since mid-June. Major equity benchmarks had a tough time finding direct...

Canada's main stock index closed up, boosted in part by strength in the mining sector, while U.S. stock markets closed higher after falling earlier in the day. The S&P/TSX Composite Index ended up 176.50 points, or 0.91 per cent, at 19,562.38. In New Yo...

Patricia Perez-Coutts, portfolio manager, PenderFund Capital Management FOCUS: Emerging and global markets  MARKET OUTLOOK: Despite the recent macro setbacks in both Europe and North America, we see several important positive macroeconomic signals...

Deputy Governor Paul Beaudry describes how the lessons learned from previous economic crises helped central bankers during the global COVID‑19 pandemic. He also talk...

There were nearly one million unfilled positions in the second quarter Job vacancies hit a record in the second quarter of 2022, but employers struggling to fill those empty positions still offered wage increases that were lower than the rate o...

Watch: Financial Post's Stephanie Hughes explains what the latest reading means to Canadians Stephanie Hughes, finance reporter for the Financial Post, fills you in on everything you need to know about August’s inflation data, which eased for t...

Second month in a row inflation has slowed Canada’s headline inflation rate cooled for the second month in a row in August, running at an annualized pace of 7.0 per cent that was lower than economists’ expectations of 7.3 per cent and down from...

Core prices are still bubbling up and will likely not peak until later this year Economists at Canada’s biggest banks believe the country’s inflation rate cooled for the second month in a row in August, with consensus expectations from Bloomber...

North American markets ended the trading week in the red, with Canada's main stock index down more than 170 points and U.S. stock markets falling amid inflation worries and a stark warning from FedEx about worsening trends in the economy. The S&P/TSX Compo...