Daily News

A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s concerns around the outlook for the activewear company just ahead of its earnings report.  Shares slumped 9.5 per cen...

GameStop Corp. shares rallied in late trading after the retail trader favorite announced it brought in nearly US$1 billion from a share sale program. The video-game retailer capitalized on a flurry of trading earlier this month by selling 45 million shares...

Stocks rose after data showed American consumers tempered inflation expectations, bolstering sentiment regarding prospects for Federal Reserve rate-cuts this year. The S&P 500 rebounded after a two-day slide. When traders come back from the holiday weekend...

Monday, May 27 U.S. markets closed for holiday Earnings: CAE Inc. Tuesday, May 28 8:30 a.m. Canada Industrial Product and Raw Materials Price Indices (April) Gildan Activewear annual meeting, incl. shareholder votes Earnings: Bank of No...

Glenn Chamandy is officially back as the chief executive of Gildan after a months-long public battle over leadership of the Montreal-based clothing company he co-founded. Chamandy was terminated last year to make way for Vince Tyra, kicking off protests by...

Losses were down from the $1.51-billion shortfall the central bank recorded last year Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada posted a narrower net loss of $934 million in the first quarter of 2024 as it c...

Almost 1.25 million Canadians will have to pay it at least once during their taxpaying lives. And it will likely hit stock prices, tooSome people never seem to learn that “history repeats itself, first as tragedy and second as farce,” as Marx wrote. That cer...

Rob McLister: I’ve seen mortgage cashback gimmicks in the past, but this one is more interestingHow would you like to get two-thirds of the interest back on your mortgage? We apologize, but this video has failed to load. Try refreshing your browser, o...

Auto and parts sales led the gainsCanadian consumer spending sharply rebounded last month, according to preliminary data, after weaker-than-expected retail sales in the first quarter. We apologize, but this video has failed to load. Try refreshing you...

Top economist says Canadian economy is — in one word — weakEconomist David Rosenberg, founder and president of Rosenberg Research, talks with Financial Post’s Larysa Harapyn about the state of the Canadian economy and how the Bank of Canada should cut intere...