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Source: BNN Bloomberg December 31, 2022

Nasdaq back from brink of worst December ever as U.S. Fed angst dims

It’s been a brutal year for technology stocks, but there’s a glimmer of hope. The group is now on track to avoid its worst December ever. The Nasdaq Composite Index rallied 2.6 per cent on Thursday, recovering from a selloff that pushed the index down 11 p...

Source: BNN Bloomberg December 31, 2022

TSX in 2022: A look back at how it performed

Canada's main stock market index had a volatile year – though it still managed to outperform its U.S. peers. The S&P/TSX Composite Index posted a negative return of 8.5 per cent year-to-date to investors.  The biggest drag on the index came from the hea...

Source: BNN Bloomberg December 31, 2022

Here's how portfolio managers are preparing for the new year

The new year is just around the corner and many portfolio managers are preparing their investments to withstand any surprises that could head their way in 2023. This past year, investors have had to navigate a number of variables like a rising rate environ...

Source: BNN Bloomberg December 31, 2022

U.S. stocks suffer worst year since financial crisis

  U.S. stocks fell on the last trading day of 2022, closing out the worst year in more than a decade for global equities and bonds. Even after a surge in dip-buying in the last hour of trading, the S&P 500 ended lower for a third day in the holiday shor...

Source: BNN Bloomberg December 31, 2022

TSX recap: Index down 0.52 per cent on last trading day of 2022

Canada's main stock index slipped just over 100 points on the last day of trading in 2022, with mixed results across sectors, while U.S. markets were only slightly down after reversing early-afternoon lows. Sign up to get breaking news email alerts sent...

Source: Financialpost December 31, 2022

Rogers, Shaw shares surge after Competition Tribunal approves merger

Competition Bureau is appealing the tribunal's decision Shares in both Rogers Communications Inc. and Shaw Communications Inc. rose Friday after a challenge to the merger of the two telecom rivals was dismissed by the Competition Tribunal....

Source: Financialpost December 31, 2022

Why Whitecap Resources' CEO is making deals and hoping Alberta's Sovereignty Act can heal

'It's not pitting ourselves against any other province,' says Grant Fagerheim of controversial bill Grant Fagerheim, one of the Canadian oilpatch’s biggest dealmakers, is nearing the end of a transformative year at Whitecap Resources Inc., wher...

Source: Financialpost December 31, 2022

FP Answers: We're in our 50s, but do we have enough to retire next year on $70,000 per year?

Here’s what you need to consider while preparing your DIY retirement plan Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page...

Source: Financialpost December 31, 2022

Apocalypse now? Canadians turn to cash as a hedge against chaos

A Bank of Canada report suggests cash has become something to hoard, rather than spend Instead of killing cash, the pandemic might have saved it. We apologize, but this video has failed to load. Try refreshing your brow...

Source: BNN Bloomberg December 30, 2022

U.S. stocks post month’s best day as rate surge fades

U.S. stocks rose in a broad-based rally and Treasury yields fell as data allayed fears of a supercharged jobs market that would support a more aggressive policy path. A gauge of the dollar fell. The S&P 500 notched their biggest one-day gain this month, al...