Daily News

Stock traders remained hesitant to make any huge bets ahead of Jerome Powell’s speech on Friday, which may provide clues on how hawkish the Federal Reserve will be in the face of mounting economic challenges. After wandering aimlessly earlier Wednesday, th...

No one knows for sure what Chair Jerome Powell will say in his speech on Federal Reserve monetary policy Friday. One thing is clear, though: the potential for marketwide shock is sky high.  Stocks, bonds, commodities -- everything is moving in lockstep, th...

Further to the announcement that Deputy Governor Timothy Lane will be retiring from the Bank on September 16, the Board of Directors of the Bank has initiated a recr...

Employers were actively recruiting for more than one million vacant positions for the third consecutive month Job vacancies set a new record in June, indicating that a tight labour market remains a source of inflationary pressure, as employers were...

Stocks retreated after weak economic data, with traders awaiting more clarity on the Federal Reserve’s monetary policy path from the annual central bankers’ symposium later this week. The S&P 500 saw its third straight drop after swinging between gains and...

IG Wealth Management, one of Canada’s biggest asset managers, is cooling on the US stock market while boosting its position on its home country as valuations sink to some of their lowest levels on record. The Toronto-based asset manager, which oversees $11...

Gains in the energy and mining sectors helped lift Canada's main stock index into slightly positive territory Tuesday, outweighing the negative impact of Scotiabank's worse-than-expected third-quarter financial results. The S&P/TSX composite index closed u...

US institutional investors became more optimistic about stocks during the summer rally, but retail traders under 40 are becoming more gloomy over where markets are headed.  “I don’t think the storm will be over in this year or next year,” said Errol Colema...

Global banks stuck with US$80 billion in unappealing M&A financing debt are trying new tactics to find buyers.  In the case of the private-equity buyout of Citrix Systems Inc., they’re cutting the debt into smaller pieces to attract a wider pool of investo...

Christine Poole, chief executive officer and managing director at GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Drivers behind the rebound in stock markets from mid-June include encouraging inflation data, r...