Daily News

Source: Financialpost January 10, 2024

Thinking of leaving Canada? There's more than just personal tax rates to consider

Kim Moody: Climate, location of friends and family, health care, cost of living and more all play a roleReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through l...

Work Source: Financialpost January 10, 2024

More softening ahead for jobs market, but wage hikes, hybrid work to have staying power

Still, much depends on whether Canada plunges into a recessionWorkers will likely cede more power to employers this year as the labour market continues to cool, but that doesn’t necessarily point to a wave of mass layoffs or even the end of working from home...

Source: BNN Bloomberg January 09, 2024

Markets today: big tech leads U.S. stock rebound; Boeing tumbles

A rally in big tech sent U.S. stocks higher at the start of a week that will bring key inflation data and bank earnings. The Nasdaq 100 outperformed, with Nvidia Corp. surging after announcing new products to help the personal computer industry lure consum...

Market Call Source: BNN Bloomberg January 09, 2024

Andrew Pink's Top Picks: January 8, 2024

Andrew Pink, portfolio manager at LDIC FOCUS: Canadian large caps, preferred shares and fixed-income MARKET OUTLOOK: What transpired in 2023? Market breadth was thin. Much of the broad market performance was driven by a small number of stocks and e...

Source: BNN Bloomberg January 09, 2024

TSX recap: Index defies energy weakness, climbs 0.66%

Canada's main stock index rose Monday despite losses in the energy sector, while U.S. markets also gained, led by a more than two per cent rise for the Nasdaq.  It was a strong start to the second week of the year, after last week saw Wall St. break the ni...

Source: Financialpost January 09, 2024

These are the big questions facing Canada's Big Six Banks in 2024

RBC holds CEO conference on Tuesday — the industry's first big event of the yearInterest rates, capital buffers and expense management are among the leading issues facing Canada’s biggest banks in 2024. But in the view of National Bank of Canada analyst Gabr...

Source: Financialpost January 09, 2024

iPhone survives 16,000-foot-fall from Alaska Airlines flight after mid-air blowout

Phone found in functioning condition, without a scratch by Portland roadsideAmong the harrowing details of the blown-off fuselage panel that triggered a sudden decompression event on Alaska Airlines Flight 1282, one revelation seemed to defy the laws of phys...

Source: Financialpost January 09, 2024

Elon Musk’s reported drug use puts Tesla board, investors in familiar position

Board members once again need to decide what to do with CEO subjecting shareholders to great financial, legal riskElon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief...

Source: Financialpost January 09, 2024

Posthaste: For debt-laden Canadians this could be the darkness before the dawn

'Canadians could be approaching a crisis point both mentally and financially' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: For debt-laden Canadians this could...

Source: Financialpost January 09, 2024

Bad bet against Canada's housing market crushes hedge fund's returns

Small hedge fund betting on housing market crisis had double-digit loss last yearA small hedge fund betting on a Canadian housing market crisis had a double-digit loss last year as property prices held up and bank shares rebounded on optimism about a soft la...