Daily News

The world’s biggest banks are on track to make a killing in commodities this year, surpassing the record sums they made in the financial crisis. The 100 biggest banks by revenue are set to make US$18 billion from commodities trading in 2022, according to d...

Canada's main stock index climbed almost 1.9 per cent as commodity prices rose, U.S. markets gained and reported job losses in August suggested Bank of Canada interest rate hikes are working to slow an overheated economy.   The unemployment rate climbed to...

Stocks joined gains in riskier corners of the market, with the dollar slumping after a seemingly unstoppable surge that rattled global currencies and stoked fears of more headwinds for Corporate America. In a bullish signal, the S&P 500 topped its 100-day...

Gordon Reid, president and chief executive officer, Goodreid Investment Counsel FOCUS: U.S. Equities  MARKET OUTLOOK: Last month’s BNN Market Call Outlook by Goodreid ended with, “Our conclusion of the current state of equity markets is that they a...

Volatility gripped the stock market as unsurprising remarks from Jerome Powell and his colleagues did little to alter bets on another super-sized rate hike during the Federal Reserve’s September gathering. The S&P 500 ended higher after fluctuating all day...

Canada's main stock index closed higher along with U.S. markets as investors digested the latest signals on rate increases from central banks. The S&P/TSX composite index gained 171.56 points Thursday to close at 19,413.00, a day after the Bank of Canada r...

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: Equity markets have stalled in recent weeks in response to a more hawkish tone from the U.S. Federal Reserve Bank. After climbing nea...

Third month in a row that employment has declined Canada’s economy shed an unexpected, outsized number of jobs in August for the third consecutive month, another indication that growth is slowing as the Bank of Canada attempts to deliver a soft...

Global stocks are on pace for their worst run since the European debt crisis a decade ago and Goldman Sachs Group Inc. strategists are among those warning that more selling is possible. The MSCI All Country World Index is falling for a ninth day Wednesday,...

Kim Kardashian is the latest celebrity to try her hand at private equity investing, joining with longtime Carlyle Group Inc. executive Jay Sammons to start a new firm.  Skky Partners will focus on investments in the consumer and media industry, with Kardas...