Daily News

Peloton Interactive Inc. and Zoom Video Communications Inc., perhaps the two stocks most associated with COVID-era gains, now are trading below where they were before the pandemic upended life around the globe. Both the fitness subscription company and the...

North American stock markets were down slightly Monday as investors continued to adjust to the idea that inflation — as well as the efforts by central banks to curb it — is not going to go away anytime soon. "I think the old adage, 'don't fight the Fed' is...

New spending could make inflation worse, but Trudeau's low rating in opinion polls means the government is headed for a fight Prime Minister Justin Trudeau faces growing pressure to help Canadian households offset surging inflation as he meets with...

Stocks tumbled as Jerome Powell gave a clear message that rates will likely stay high for some time, throwing cold water on the idea of a Federal Reserve pivot that could jeopardize its war against inflation. The rout deepened in afternoon New York trading...

From cancelling Friday night trips to the pub to pushing back soccer practice, global investors are pulling out all the stops to ensure they’re ready for the most important gathering of central bankers this year. Min Gyeong-won is taking no chances as the...

North American stock markets were down sharply Friday as investors reacted negatively to a speech by Federal Reserve chair Jerome Powell in which he said he expects to keep interest rates high in his fight against inflation. The S&P/TSX composite index was...

Michael Hakes, senior portfolio manager, The Murray Wealth Group FOCUS: U.S. and global stocks  MARKET OUTLOOK: The mood in the markets has become increasingly tense as investors continue to decipher how hawkish the U.S. Federal Reserve will be for...

Federal Reserve Chair Jerome Powell signalled the U.S. central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course. “Restoring...

Something strange happened to the stock bull’s best arguments as the market slumped to its worst week since June: They turned out to be right. Corporate America is enjoying the fattest profit margins in seven decades. Consumers, still flush with cash, rema...

Stocks rallied and bond yields fell, with traders awaiting Jerome Powell’s keynote for clues on how much further the Federal Reserve will pump the brakes on the economy to bring inflation back under control. The S&P 500 closed near session highs, trimming...