Daily News

Source: Financialpost April 24, 2024

Young Canadians think retiring at 65 is an outdated concept

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 Workday Workday Views on retirement are shifting...

Source: Financialpost April 24, 2024

Tesla to accelerate launch of cheaper cars after sales miss

Plans to start production on cheaper cars before second half of 2025Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales. We apologize, but this video has failed to load. Tr...

Source: BNN Bloomberg April 23, 2024

Markets today: U.S. stocks climb as U.S. earnings kick into high gear

Stocks climbed after a US$2 trillion selloff, with investors hanging their hopes on whether big tech will meet the lofty expectations for artificial intelligence during the busiest week of the earnings season.  About 180 companies in the S&P 500 — represen...

Source: BNN Bloomberg April 23, 2024

S&P 500 will get its mojo back from strong earnings

Robust earnings from Corporate America will pull the S&P 500 Index out of its latest morass, despite rising concerns about a significant jump in bond yields, according to Bloomberg’s latest Markets Live Pulse survey. With reporting season kicking into high...

Market Call Source: BNN Bloomberg April 23, 2024

Brett Girard's Top Picks: April 22, 2024

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: For a sustainable move higher in the stock market we will need to see earnings growth, clarity on interes...

Source: BNN Bloomberg April 23, 2024

Citigroup selling maple bonds in first sizable deal since 2015

Citigroup Inc. is selling a large debt offering in the Canadian-dollar bond market for the first time in nearly a decade as US banks seek to diversify funding after reporting earnings. The bank is marketing $1 billion of fixed-to-floating rate notes that m...

Source: BNN Bloomberg April 23, 2024

AIMCo's balanced fund earned 8.0% in 2023, falls short of benchmark

Alberta Investment Management Corp. says its balanced fund earned a net return of 8.0 per cent for 2023, short of its benchmark return of 9.3 per cent. The investment manager says its public equity investments earned 15.8 per cent, while its fixed income h...

Source: BNN Bloomberg April 23, 2024

Nvidia is a 'great company' but not ideal for investment: portfolio manager

One portfolio manager says that while Nvidia Corp. is a high-performing company, it may not be ideal for investment.  Mike Vinokur, a portfolio manager at MV Wealth Partners with iA Private Wealth, said in an interview with BNN Bloomberg on Monday that sha...

Source: Financialpost April 23, 2024

4 tax-smart investment ideas that pack a punch even with the budget changes

Ted Rechtshaffen: These strategies can help many Canadians save tax every yearReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. A lot o...

Source: Financialpost April 23, 2024

Ottawa's budget makes it feel like Canada is betting at the casino again and losing

Martin Pelletier: The federal government needs to work with entrepreneurs and corporations — not disincentivize them — to tackle the country's affordability and productivity problemsI recently shared some of the lessons my son learned while visiting a casino...