Daily News

Source: Financialpost July 04, 2024

HBC to buy Neiman Marcus for US$2.65 billion, combine it with Saks Fifth Avenue

Deal would unite America’s two largest high-end department-store chainsThe owner of Saks Fifth Avenue is close to acquiring Neiman Marcus Group for US$2.65 billion, according to a person familiar with the matter — a deal that would unite America’s two larges...

Source: Financialpost July 04, 2024

Howard Levitt: Employers should beware of medical notes from Dr. Summeroff

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 The phenomenon presents a challen...

Source: Financialpost July 04, 2024

Couple is aggressively trying to pay off mortgage before retirement, but is it too much?

Expert says they should seriously consider downsizing once they retireReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Clive* and Juli...

Source: Financialpost July 04, 2024

Posthaste: Economist 'busts some myths' about housing affordability in Canada

Desjardins Financial looks at whether they are fact or fiction in a new report We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Economist 'busts some myths' about hou...

Source: BNN Bloomberg July 03, 2024

BlackRock, BNP see plenty of AI fuel left to drive equity rally

The artificial intelligence frenzy is nowhere near finished driving global equities to record highs, according to money managers interviewed by Bloomberg News. Investors and market strategists at major firms including BlackRock Inc. and BNP Paribas Asset M...

Source: BNN Bloomberg July 03, 2024

Markets today: S&P 500 rises toward all-time high as Tesla up 9 per cent

  Wall Street traders sent stocks to all-time highs as bond yields fell, with traders looking at prospects for U.S. Federal Reserve rate cuts after Jerome Powell cited signals the U.S. is back on a disinflationary path. For the first time in its history...

Market Call Source: BNN Bloomberg July 03, 2024

David Driscoll's Top Picks: July 2, 2024

David Driscoll, president and CEO, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: The markets are currently priced to perfection. If a company misses either or both of its revenues or profits, its stock price can...

Source: Financialpost July 03, 2024

Canada's income tax regime is confusing even to experts and a review is long overdue

Kim Moody: Canadians have a chance to push for a change in our unnecessarily complex income tax systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...

Source: Financialpost July 03, 2024

Constellation executive sold $102.6 million in stock ahead of capital gains tax changes

Tech firm's stock has climbed about 220% since the end of 2019Canadian technology firm Constellation Software Inc. saw a surge in insider selling in June, driven by a senior executive’s move to unload $102.6 million of shares ahead of a hike to the nation’s...

Source: Financialpost July 03, 2024

Joe Oliver: Scientific method counters climate alarmism

A submission to the Hague Court by three distinguished U.S. scientists challenges the basic premises of net-zero policies targeting CO2An expert opinion, submitted pro bono last November to the Hague Court of Appeals by three eminent American scientists, pre...