Daily News

Source: Financialpost July 11, 2024

Jobless summer: Why youth unemployment is at a decade high

Youth unemployment jumped to 13.5% in June, a level not seen since September of 2014, excluding the pandemicYouth unemployment jumped last month to 13.5 per cent, a level of joblessness among Canadians aged 15 to 24 not seen since September of 2014, excludin...

Source: Financialpost July 11, 2024

Posthaste: How far out of reach is retirement for most Canadians?

75% of Canadians believe the high cost of living has hurt their retirement savings We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How far out of reach is retirement...

Source: Financialpost July 10, 2024

Homebuyers open themselves to risk playing the interest rate waiting game

Review of June sales in Toronto and Vancouver reveals a tale of cautious buyers and eager sellersBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our t...

Source: Financialpost July 10, 2024

Ticketmaster warns Canadians of data breach involving customer information

Hack may have involved personal details and credit and debit card numbersTicketmaster Entertainment, LLC has informed Canadians of a “data security incident” involving customers who purchased tickets to events in North America. We apologize, but this vid...

Source: Financialpost July 10, 2024

Posthaste: Sellers are swarming Canada's housing market — especially in these cities

Active listings in Toronto surge almost 70% to 14-year high We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Sellers are swarming Canada's housing market — especially...

Source: Financialpost July 10, 2024

Tax on home equity is latest proposal in Liberals' bogeyman approach to housing

Kim Moody: Target is older Canadians who have paid off their homes and have the good fortune of capital appreciationThere were a number of reports last week about the prime minister and finance minister meeting with a government-funded think tank to discuss...

International Source: BNN Bloomberg July 09, 2024

Inconclusive French parliamentary vote leaves investors on edge

French stocks rallied Monday as the country’s snap legislative elections left no party with a majority in the National Assembly, even as investors warned of market turbulence in the coming weeks as political gridlock looms. The CAC 40 Index reversed an ear...

Company News Source: BNN Bloomberg July 09, 2024

Qualcomm, Microsoft lean on AI hype to spur PC market revival

Tech companies from Microsoft Corp. to Qualcomm Inc. are embarking on a marketing blitz for a new type of computer they are dubbing “AI PCs,” promising artificial intelligence features embedded in their laptops and desktops. The new laptops differ from sta...

Source: BNN Bloomberg July 09, 2024

Bruce Murray's Top Picks: July 8, 2024

Bruce Murray, CEO and CIO of Murray Wealth Group FOCUS: North American growth stocks MARKET OUTLOOK: After a very solid first half where the S&P 500 Index's total return was 15.3 per cent, we at Murray Wealth Group expect the bull market to continu...

Source: BNN Bloomberg July 09, 2024

Markets today: S&P 500 ekes out gain to notch 35th record in 2024

Stocks closed at all-time highs in a cautious session that saw traders gearing up for Jerome Powell’s testimony to US lawmakers and the start of the earnings season. With a mere 0.1 per cent advance, the S&P 500 notched its 35th record this year. Some of t...