Daily News

The only question now is whether Bank of Canada hikes 50 or 75 bps in September, says economist The Canadian economy saw the pace of inflation hit 8.1 per cent year over year in June, the fastest since January 1983. Despite the latest reading comin...

US stocks turned sharply lower after Apple Inc.’s plans to slow hiring added to investor worries that the Federal Reserve’s campaign against inflation will drop the economy into a recession. The S&P 500 extended losses in the last hour of trading, after co...

The S&P/TSX Composite Index kicked off the week with a triple-digit gain, bucking the North American trend as all major U.S. markets reversed course midway through the trading day to end in the red. The Canadian index closed 201.17 points higher, or 1.09 p...

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks MARKET OUTLOOK: I don’t blame any investor for being nervous in this environment. We are facing slowing growth, a possib...

One of Wall Street’s biggest bears says US stocks are likely to face more declines even if the economy manages to avoid a recession. “Counter-trend rally may continue, but make no mistake, we don’t believe this bear market is over, even if we avoid a reces...

Shares of Bitcoin miners are outperforming the largest digital currency by a wide margin as demand for a way to gain exposure to the sector without actually buying the token rebounds.  While Bitcoin rose as much as 7.5 per cent, shares of top miners such a...

The stock market snapped back at the end of a dizzying week as traders reduced their wagers on a bigger Federal Reserve hike in July, while parsing a raft of Wall Street earnings and hoping for signs of capitulation that could set the stage for a more sustain...

BlackRock Inc. clients slowed the amount of money they poured into the firm’s core investment funds as markets cratered and inflation surged. Net inflows into those products, called long-term funds, totaled US$69 billion for the three months ended June 30,...

Carson Block was on a Delta flight to New York when he felt blood pooling on his seat. It’s a tale the famous, filter-free founder of trading firm Muddy Waters Capital launches into to make a point about misdoings among short sellers, the subject of a vast...

Canada’s benchmark index closed higher Friday but it wasn’t enough to pull the S&P/TSX Composite Index out of a weekly loss as the heavyweight financial subsector buckled under souring investor sentiment. The Canadian benchmark index closed 65.39 points hi...