Daily News

Suggests rising interest rates, inflation, slumping consumer confidence yet to impact household spending in major way Canadians continued to show a willingness to spend, according to retail sales data out on Tuesday, even as accelerating inflation...

For now, however, the finance minister said she thinks she's done enough Finance Minister Chrystia Freeland said the federal government is prepared to take additional steps to offset the rising cost of living if inflation continues to accelerate....

US stocks rallied Friday as sentiment improved after traders parsed comments from Federal Reserve officials who reiterated that the central bank needs to do more to curb the hottest inflation in 40 years.  While the S&P 500 rose on Friday, it still closed...

Darren Sissons, vice-president and partner at Campbell, Lee & Ross FOCUS: Global and technology stocks MARKET OUTLOOK: Central banks telegraphed clearly the world is changing: interest rates would rise as they did again in the U.S. on Wednesday. Ce...

Canadian stocks plunged in the market’s worst week in more than two years as investors fled riskier assets amid deepening concerns that red-hot inflation could trigger a recession. The S&P TSX Composite Index fell 0.4 per cent on Friday, extending losses t...

It’s time to navigate through what traders call a “sea of red,” the color used to signal declines in asset prices on their computer screens. Almost everywhere you look right now, it’s crimson. The S&P 500 has fallen more than 20 per cent from its high on J...

Monday, June 20 Notable data: New Housing Price Index US Markets are closed for Juneteenth Collision conference kicks off at 5pm ET and runs until the 23rd Tuesday, June 21 Notable data: Cdn. Retail Sales, US Existing Home Sales Notable...

Stocks tumbled around the globe as recession fears resurfaced, with the Federal Reserve struggling to get on top of inflation that has proved more persistent and widespread than officials anticipated. The S&P 500 closed at its lowest since December 2020, w...

The Twitter overhang on Tesla Inc. shares is turning out to be among the least of investors’ problems.   Elon Musk’s decision to pursue a takeover of Twitter Inc. contributed to the plunge in Tesla’s stock over the past couple months. Yet even if the billi...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities MARKET OUTLOOK: A recession is in the making and investors need to position portfolios defensively by overweighting cash, gold, consumer staples,...