TD Bank’s Stock Gains as Analyst Predicts Recovery

Toronto-Dominion Bank (TD) received a much-needed boost as Jefferies Financial Group upgraded its stock to a "buy" rating, raising its....

U.S. Regulator Flags More Banks Amid Profit Dip

The U.S. banking sector faced a mixed third quarter as the Federal Deposit Insurance Corporation (FDIC) flagged two more banks....

Bank of Canada Cuts Key Interest Rate to 3.25% to Boost Growth

The Bank of Canada has lowered its policy interest rate by 50 basis points, bringing it down to 3.25%. This....

Asian Stocks Rally as US Inflation Fuels Fed Rate Cut Hopes

Asian stock markets surged on Thursday, recovering from recent losses, after U.S. inflation data bolstered confidence in an upcoming Federal....

Trump Family Joins Bitcoin Boom at Gulf Crypto Conference

A Crypto Spectacle in the GulfThe Trump family and their allies are set to make waves in the cryptocurrency world....

Ripple’s XRP Eyes Bullish Revival After RLUSD Approval

Ripple’s XRP could regain its upward momentum after receiving a significant boost from the New York Department of Financial Services....

Crypto Market Buzz: Traders Eye Next Week's Potential

The crypto market is buzzing with activity as traders eagerly look ahead to next week. While Bitcoin’s progress seems to....

XRP Price Could Hit $100 by 2025: Here's Why

XRP, the cryptocurrency created by Ripple Labs, has been lagging in recent years, but recent developments suggest that things are....

Asian stocks slide, Korean index falls 2.5% after Wall St hits records

BANGKOK — Stock markets in Asia mostly declined on Monday, with South Korea's benchmark index falling 2.3%, following a strong....

Prospect Capital Downgraded to Junk by S&P Amid Loss Concerns

S&P Global Ratings has downgraded Prospect Capital Corporation’s private credit fund to junk status, assigning it a BB+ rating. The....

ECB Prepares for Faster Rate Cuts to Boost Economy

The European Central Bank (ECB) is gearing up to slash interest rates at a quicker pace in an effort to....

Canada’s S&P/TSX Gains While U.S. Markets Slip Ahead of Jobs Data

Canada’s primary stock index saw modest growth on Thursday, powered by gains in energy and utilities sectors. The S&P/TSX composite....

Wall Street Reaches New Heights as Tech and AI Stocks Surge

Record-Setting Day for U.S. MarketsWall Street experienced a fresh wave of optimism Wednesday, with U.S. stock indexes reaching historic highs.....

Bitcoin Hits Historic $100,000 as Optimism Surrounds Trump’s Crypto Vision

Bitcoin has shattered expectations, reaching an unprecedented $100,000 on Wednesday. The surge came as investors reacted to signals that President-elect....

Market Strategist Foresees Moderate Equity Market Growth in 2025

The equity markets may see moderate growth in 2025, according to Philip Petursson, Chief Investment Strategist at IG Wealth Management.....

B.C. Man Fined $18.4M for Gambling Away Crypto Customers' Money

The British Columbia Securities Commission (BCSC) has imposed an $18.4 million fine on David Smillie, the operator of the now-defunct....

TD Bank Appoints HSBC Canada’s Former Compliance Head

TD Bank has brought in Georgia Stavridis to strengthen its financial crime risk management team. Stavridis, formerly the chief compliance....

Canadian Banks Face Mixed Q4 as Mortgage Trends Shift

Canadian banks are bracing for a mixed fourth quarter as attention shifts to their strategies for navigating mortgage renewals and....

Trump’s Shift on Dollar Sends Markets Buzzing

In a surprising turn of events, U.S. President-elect Donald Trump has voiced support for a stronger dollar, marking a shift....

Asian Stocks Climb While Euro Struggles Amid French Uncertainty

Asian markets opened the week on a positive note, with gains driven by Chinese manufacturing growth and a tech stock....

Federal Government Records $13 Billion Deficit in Fiscal First Half

The Canadian federal government posted a $13 billion deficit between April and September 2024, a steep increase from the $8.2....

Canada's Financial Regulator Emphasizes Need for Innovation

Canada’s top financial regulator, Peter Routledge, has pointed out the need for a shift in risk management practices to foster....

S&P/TSX Gains Amid Energy and Industrial Strength

Canada's S&P/TSX composite index closed higher on Thursday, driven by gains in energy and industrial sectors. The market rose 55.22....

Big Tech Losses Drag U.S. Markets Down as Inflation Worries Linger

Major U.S. stock indexes took a hit Wednesday, largely due to declining Big Tech shares. The S&P 500 dropped 0.4%,....

Bank of Canada Likely to Keep Cutting Rates Amid Trade Risks

The Bank of Canada appears unlikely to pause its rate-cutting efforts, according to a report from TD Economics, as trade....

Wall Street Hits Record Highs Despite Tariff Concerns

U.S. stock markets soared to new highs, shrugging off President-elect Donald Trump’s latest comments on imposing tariffs on key trading....

Canadian Dollar Hits Lowest Point Since 2020 Amid Tariff Threats

The Canadian dollar, known as the loonie, dropped to its lowest value since May 2020 after Donald Trump’s recent announcement.....

Trump's Bold Tariff Plan Sparks Global Trade Concerns

President-elect Donald Trump announced sweeping tariff plans targeting Canada, Mexico, and China, potentially igniting trade disputes with three of the....

Canadian Dollar Holds Steady Amid Mixed Market Signals

The Canadian dollar remained stable against its U.S. counterpart on Monday, influenced by contrasting factors in global markets. A rally....

Bond Market Stabilizes as Investors Jump on 4.5% Yield Opportunity

The U.S. bond market is showing signs of stability after a prolonged two-month selloff, as investors take advantage of rising....

Wall Street Reacts to Scott Bessent’s Nomination as US Treasury Secretary

President-elect Donald Trump’s decision to nominate Scott Bessent, a seasoned hedge fund manager, as the next US Treasury Secretary has....

SEC Chair Gary Gensler to Resign in January, Amid Trump’s Return

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced plans to step down on January 20,....

Bitcoin Nears $100,000 as Post-Election Surge Gains Momentum

Bitcoin has made headlines again, reaching a historic $98,000 on Thursday, marking yet another all-time high since the U.S. presidential....

ECB Warns: Eurozone Faces Renewed Debt Crisis Risks

The European Central Bank (ECB) has issued a stark warning about growing risks in the eurozone’s financial landscape. Factors like....

Wall Street Awaits Nvidia Report Amid Stock Market Stability

Wall Street remained relatively calm on Wednesday as investors anticipated Nvidia’s earnings report, considered one of the most pivotal updates....

Dollar Hits One-Week Low Amid Market Calm and Geopolitical Strain

The U.S. dollar declined to its lowest level in a week on Wednesday, marking a three-day slump from its recent....

TSX to Shine Brighter Than S&P 500 in 2025, Predicts BMO

Canada’s stock market might finally take the lead over its U.S. counterpart next year, according to a fresh forecast from....

Traders Keep an Eye on Fed Moves as Markets Await Trump’s Key Picks

European and Global Market Outlook Tuesday brings a hopeful start for European stock markets, with futures suggesting gains following a....

Canadian Dollar’s Slump Expected to Continue Into 2025

The Canadian dollar, also known as the loonie, is facing a prolonged period of weakness, with experts predicting little improvement....

US Gas Prices Dip to 3-Year Low as Holiday Travel Booms

Just as Thanksgiving approaches, the national average for gas prices in the U.S. is expected to dip below $3 a....

Trump-Fuelled Stock Rally Stumbles Amid New Challenges

The stock market rally that followed Donald Trump’s election win is starting to show signs of strain as new challenges....

US Traders Bet Big on Post-Election Stock Rally

In the aftermath of the recent U.S. elections, traders in the options market have been shifting towards more daring investments,....

Traders Dive into Post-Election Stock Gains in US Market

Options traders are enthusiastically jumping into riskier investments in the U.S. stock market, driven by optimism following the recent election....

Trump's Policies Drive Market Surge, Rates May Shift

In the past week, global markets have been heavily influenced by the financial shifts triggered by Donald Trump's recent victory....

 U.S. Investigates UBS Over Russian Accounts from Credit Suisse

The United States is intensifying its scrutiny of UBS, particularly about the Russian accounts that UBS inherited after it acquired....

Bitcoin Soars Past $89,000 Amid Rising Market Enthusiasm

Bitcoin’s surge has taken the digital currency to unprecedented levels, surpassing $89,000 and propelling the overall cryptocurrency market value beyond....

Trump's Victory Could Affect Canada's Interest Rates

Donald Trump's election as U.S. president has raised concerns about potential shifts in interest rate policies, both in the U.S.....

Federal Reserve Eases Rates Amid Election-Induced Uncertainty

In a bid to address inflation and economic volatility, the Federal Reserve slashed its key interest rate by a quarter....

Global Stocks Surge Amid Stimulus Optimism

Global markets are riding a wave of optimism as hopes for substantial fiscal spending and ongoing monetary support from the....

German Political Unrest and Trump Threats Shake Europe

Thursday is set to be a pivotal day for Germany's political scene as Friedrich Merz, the leader of the opposition....

UniCredit Boosts Profit, Payout Outlook After Strong Quarter

UniCredit, one of Italy’s major banks, has raised its profit and distribution targets after a solid performance in the third....

Credit Agricole's Investment Bank Shines Despite Retail Setbacks in Q3

French banking giant Credit Agricole reported mixed results for the third quarter, with its investment banking division's robust performance balancing....

Bank of Canada Rate May Drop to 2.75% by Mid-2025: Survey

A recent survey of financial market participants suggests the Bank of Canada might lower its interest rate to 2.75% by....

BCE Stock Dips Over $5B Ziply Deal, Analysts Question Move

BCE Inc., a prominent Canadian telecom company, saw its stock plunge nearly 10% on Monday after it announced plans to....

Corus Entertainment Explores Possible Sale Amid Debt Woes

Canadian television company Corus Entertainment Inc. is exploring a potential sale, working with Jefferies Financial Group to navigate its future....

HSBC, Barclays, StanChart Eye U.S. Banking Surge Amid Election

British banks HSBC, Barclays, and Standard Chartered are increasingly targeting U.S. commercial banking as demand for international financial expertise grows....

JPMorgan to Pay $151M to Resolve SEC Complaints on Client Practices

JPMorgan Chase & Co. subsidiaries have agreed to a $151 million settlement to resolve a series of allegations from the....

Strong U.S. Economy Boosts Consumer Confidence Before Election

With less than a week until the U.S. presidential election, the economy is showing resilience and strength, keeping consumer confidence....

HSBC Reports Profit Surge, Launches $3 Billion Buyback

HSBC Holdings reported a strong profit in the third quarter, outpacing forecasts, thanks to increased income from its wealth management....

Asian Markets Rise as Big Tech Lifts Wall Street Gains

Asian stock markets saw a generally positive trend on Tuesday, following Wall Street’s gains led by Big Tech stocks, which....

Saudi Arabia's Finance and Tech Summit Amid Rising Mideast Tensions

Saudi Arabia is set to host top finance and tech leaders this week in Riyadh for the Future Investment Initiative....

Carmakers and Banks Brace for Key Earnings Amid Global Uncertainty

This week, major European companies face critical earnings announcements as industries navigate economic challenges across the automotive, finance, and energy....

Canada's Federal Deficit Hits $9.8B from April to August

The Canadian government is grappling with a significant $9.8-billion budget deficit for the April to August period this year, a....

RBC and other banks lower prime rate to 5.95% after BOC move

Canada's major banks have announced a cut in their prime rates, following the lead of the Bank of Canada. This....

Bitcoin's Rally Slows as Trump Trade Faces Challenges

Bitcoin’s recent rally is starting to lose momentum as it becomes entangled in broader market changes, especially with the possibility....

Bank of Canada Lowers Interest Rate to 3.75% to Boost Growth

The Bank of Canada has announced a reduction in its key interest rate, lowering the policy rate by 50 basis....

Markets in Turmoil as U.S. Election and Federal Reserve Concerns Rise

Global financial markets are under pressure as uncertainty over the U.S. presidential election and Federal Reserve policies stir up anxiety....

Bitcoin Traders Expect $80K Surge Regardless of US Election Result

Bitcoin options traders are increasingly betting that the cryptocurrency will hit $80,000 by the end of November, regardless of who....

Asian Markets Drop as Wall Street’s Rally Hits a Pause

Asian shares took a hit on Tuesday as cautious trading set in following a record-breaking rally on Wall Street that....

Yen Weakens as North American Trading Heats Up

The Japanese yen is expected to face more selling pressure during North American trading hours, according to a recent Bloomberg....

Asian Markets Mostly Rise After Wall Street’s Winning Streak

Asian stock markets started the week mostly on a positive note after Wall Street concluded another strong week. While most....

UBS Sells Its Stake in Swiss Card to American Express

In a significant business move, UBS has decided to sell its 50% stake in Swiss Card, a credit card provider,....

China's Economy Grows 4.6%, Missing 5% Target For The Quarter

China's economy grew at an annual rate of 4.6% in the third quarter of 2024, according to data released by....

Stock Market Today: Wall Street Rises, Setting New Records

U.S. stock indexes closed higher on Wall Street, extending their record-breaking momentum. On Monday, the S&P 500 gained 0.8%, following....

Canada Surprises With 47,000 New Jobs; Unemployment Drops To 6.5%

Canada's unemployment rate saw an unexpected decline in September, dropping 0.1 percentage points to 6.5%. This shift comes as the....

Bank of America Appoints Eamon Brabazon as Co-Head of Global M&A

Bank of America has named Eamon Brabazon as the co-head of its global mergers and acquisitions (M&A) division, alongside Ivan....

Big US Banks Face Shrinking Profits, Eye Federal Reserve Cuts

Major U.S. banks like JPMorgan Chase and Wells Fargo are set to report their earnings soon, and investors are eagerly....

Goldman Sachs Holds Derivatives Worth 6.7% Stake in UniCredit

Goldman Sachs has revealed that it holds derivative positions amounting to a 6.7% stake in the Italian banking giant UniCredit,....

Emerging Market Currency Traders Brace for US Election Volatility

Emerging market currency traders are feeling the impact of the upcoming US presidential election, causing a sharp rise in currency....

Gold Prices Drop as U.S. Jobs Data Dampens Hopes for a Major Rate Cut

Gold prices declined on Monday as stronger-than-expected U.S. jobs data diminished hopes for a significant interest-rate cut by the Federal....

Market Optimism Fades as Mideast Tensions Escalate

Global stock markets faced uncertainty Monday as European equities reversed their earlier gains and U.S. futures declined. The shift followed....

U.S. Dividend ETFs See a Surge in Popularity After Fed Rate Cut

U.S. exchange-traded funds (ETFs) focused on dividend-paying stocks have experienced a wave of investor interest following the Federal Reserve's recent....

European Stocks Hold Steady Ahead of Key US Jobs Data

European stocks and U.S. futures showed little movement as investors awaited crucial jobs data from the U.S., which could provide....

Asian Shares Mostly Rise Amid Middle East Tensions Impacting Wall Street

Asian stock markets showed mostly positive results on Friday, despite heightened tensions in the Middle East pulling down Wall Street....

SWIFT to Test Live Digital Currency Transactions in 2024

Global financial messaging network SWIFT has announced plans to test live transactions of digital currencies and tokenized assets next year.....

Central Banks Ramp Up Rate Cuts as Fed Leads Easing Cycle in September

In September, central banks around the world, led by the U.S. Federal Reserve, implemented significant interest rate cuts, marking the....

TD Bank To Pay Over Us$28m In Settlement For Market Manipulation

Toronto-Dominion Bank has agreed to pay over $28 million in a settlement with U.S. authorities over an investigation into fraudulent....

Canada's July GDP Grows 0.2%, but August Decline Raises Rate Cut Prospects

Canada's economy experienced a slight boost in July, growing by 0.2%, surpassing analysts’ predictions of a 0.1% increase, according to....

Canada Set for Soft Landing Without Major Rate Cuts: Economists

Economists predict that Canada can achieve a soft landing for its economy without the need for drastic interest rate cuts.....

Rebound in China and U.S. Inflation in Focus Amid Global Economic Shifts

Global financial markets are seeing significant movement as the U.S. and Chinese economies enter crucial periods. As China steps up....

Bitcoin Defies September Trends with Big Gains Amid Rate Cuts

Bitcoin is defying its usual September slump, making one of its best gains this month. Typically, the cryptocurrency sees a....

Canada’s Economy Poised for Growth by 2025, Deloitte Predicts

According to Deloitte Canada’s recent economic forecast, the Canadian economy is expected to bounce back in 2025 after experiencing a....

China's Stimulus Measures Lift Global Markets Optimism

Thursday saw Asian markets surge as optimism about China’s stimulus measures brightened the mood, despite Wall Street's overnight struggles. The....

Wall Street Defends Against New York's Sovereign Debt Law Changes

In response to proposed changes to New York’s laws regarding sovereign debt, investors in emerging market bonds are taking steps....

Gold Holds Near Record High as US Data Strengthens Case for Rate Cuts

Gold prices remain close to their all-time high after a surge earlier this week, driven by weak US economic data,....

CDPQ Purchases 25% Stake in UK’s First Hydro Company from Brookfield

Montréal-based investment group CDPQ has announced the acquisition of a 25% stake in the UK's First Hydro Company from Brookfield....

Asian Markets Surge as China Eases Rates for Economic Boost

Asian markets rallied on Tuesday, with Chinese stocks leading the surge following new economic measures from China’s central bank aimed....

Fed Hints at Potential for More Major Interest Rate Cuts

On Monday, several Federal Reserve officials suggested the possibility of further large interest rate cuts shortly, emphasizing that current rates....

Commerzbank shares drop 6% as government plans to hold stake

Shares of Commerzbank saw a sharp fall of 6% on Monday following the German government’s announcement that it would maintain....

Citigroup's Expansion in China Stalled by US Penalty

Citigroup’s attempt to expand in China has been slowed by U.S. regulatory hurdles, as reported by Bloomberg News. The delay....

JPMorgan Appoints New Leaders for Healthcare and Tech Investment Banking

JPMorgan Chase has announced new leadership roles to strengthen its healthcare and technology investment banking divisions, according to an internal....

Rate Cuts Arrive, but US Stocks May Have Already Factored Them In

As the Federal Reserve begins cutting interest rates for the first time in over four years, some investors are cautious....

US Bank Stocks Climb as Fed Rate Cut Eases Market Worries

On Thursday, U.S. bank stocks experienced a rise following the Federal Reserve's decision to cut interest rates by 50 basis....

Fed’s Big Rate Cut Stirs Calm, But Markets May Face Turbulence

The U.S. Federal Reserve's surprise decision to cut interest rates by an unusually large half-percentage point didn’t spark the dramatic....

JPMorgan Names New Leader to Tackle Junior Banker Workload Concerns

JPMorgan Chase has appointed Ryland McClendon to a newly created position overseeing junior bankers globally, following growing concerns over employee....

Economic Issues to Watch as Parliament Resumes

As Parliament resumes, economic challenges are set to dominate the agenda, particularly following the collapse of the Liberal-NDP support agreement.....

Inflation Slows to 2%, Boosting Prospects for a Larger Bank of Canada Rate Cut

Canada's inflation rate slowed to 2% in August, hitting the Bank of Canada’s target and increasing the likelihood of a....

Canadians' debt burden nears record, economists warn

The amount of disposable income Canadians are using to manage their debts is expected to hit new records in the....

Trump-Backed Crypto Project Set to Launch New Token WLFI

World Liberty Financial (WLFI), a crypto project with backing from the Trump family, has announced plans to launch a new....

Ontario Teachers’ Pension Plan Considering $1.5 Billion Private Equity Sale

Ontario Teachers' Pension Plan (OTPP) is exploring the sale of a $1.5 billion private equity portfolio in a bid to....

Canada and Mexico Expand LNG Exports as U.S. Projects Slow

Canada and Mexico are attracting major investments to jumpstart their liquefied natural gas (LNG) export industries, while U.S. projects face....

Deutsche Bank Raises S&P 500 Target to 5,500, Leading Wall Street

Deutsche Bank has increased its year-end target for the S&P 500 to 5,500, the highest forecast among major financial firms.....

US Treasuries Gain as Investors Weigh Fed's Next Move

Treasuries surged, and the US dollar fell as new economic data left investors uncertain about the Federal Reserve's upcoming decision....

Nvidia CEO Jensen Huang Talks Challenges and Future of AI

Nvidia CEO Jensen Huang recently shared his concerns and excitement about the future of AI at the Goldman Sachs Communacopia....

Fed’s Next Move: What a Bigger Rate Cut Could Mean for Stocks

Following an inflation report that exceeded expectations, the Federal Reserve is facing increased pressure to reconsider the size of its....

Bitcoin Falls as Harris and Trump Face Off in Debate

Bitcoin’s value dropped following a heated debate between Kamala Harris, the Democratic nominee, and Donald Trump, the Republican candidate, who....

Goldman Sachs CEO Expects 10% Dip in Trading Revenue for Q3

Goldman Sachs is set to experience a 10% drop in trading revenue in the third quarter, according to CEO David....

Tim Carpenter Joins Bank of America to Co-Lead Software Banking

Bank of America has successfully brought on board Tim Carpenter, a seasoned technology banker from JPMorgan Chase, to co-lead its....

Citigroup's Investment Banking Fees to Rise by 20% Soon

Citigroup expects a notable rise in its investment banking fees in the upcoming third quarter. The bank's Chief Financial Officer,....

Morgan Stanley's Wilson Warns of Risks from Yen Trades for US Stocks

Michael Wilson, a strategist at Morgan Stanley, has raised concerns about potential risks for US equities if the Federal Reserve....

Norfolk Southern Launches Probe into CEO Over Misconduct Claims

On Sunday evening, Norfolk Southern made a significant announcement, revealing that it has launched an investigation into its Chief Executive....

JPMorgan Chase Announces New Leadership for Mid-Cap M&A Division

JPMorgan Chase has recently made key changes to its mid-cap mergers and acquisitions (M&A) team, appointing Andrew Castaldo and Andrew....

Canadian Labour Productivity Falls for Second Consecutive Quarter

Labour productivity in Canada declined by 0.2% in the second quarter of 2024, marking a second consecutive quarterly drop, according....

Bank of Canada reduces interest rate, hints at more cuts

The Bank of Canada has reduced its key interest rate for the third consecutive time, cutting it by a quarter....

Canadian Investors Lean Toward U.S. Tech Stocks, Moomoo Survey Shows

A new report from Moomoo Financial Canada Inc. reveals that Canadian investors are increasingly drawn to U.S. tech stocks, particularly....

Nvidia Shares Hit Lowest Point Since August After DOJ Investigation

On Wednesday, Nvidia (NVDA) shares took a significant hit, dropping over 9% to $108 each as the market overall declined....

BOC Rate Cuts and Your Mortgage: What Homeowners and Future Buyers Should Know

If you're a homeowner or someone hoping to buy a home, the Bank of Canada's decision to cut interest rates....

Bank of Canada Likely to Reduce Rates Once More Amid Economic Concerns

The Bank of Canada is widely expected to lower interest rates again this Wednesday, marking the third rate cut in....

Stocks Face Uncertainty Despite Possible Fed Rate Cuts: JPMorgan Strategist

The recent surge in the stock market might not last, even if the Federal Reserve introduces a series of rate....

Goldman Sachs to Cut Jobs as Part of Annual Review Process

Goldman Sachs is set to reduce its workforce by a few hundred employees as part of its annual review process....

Canada Posts C$2.88 Billion Deficit in the April-June Period

Canada has shifted from a budget surplus to a deficit of C$2.88 billion in the first quarter of the fiscal....

Wall Street rises as S&P 500 celebrates a fourth winning month

Wall Street ended August on a high note, with stocks rallying after a midafternoon dip on Friday. The S&P 500....

CIBC Surpasses Profit Predictions, Eases U.S. Real Estate Worries

Canadian Imperial Bank of Commerce (CIBC) announced on Thursday that it expects minimal losses related to its U.S. office real....

Royal Bank of Canada Surpasses Profit Expectations, Shares Soar to New Heights

Royal Bank of Canada (RBC) exceeded profit estimates in its latest quarterly report, driving its shares to a record high....

National Bank of Canada Reports Strong Profit Growth Amid Market Gains

On Wednesday, the National Bank of Canada revealed a notable increase in its profits for the third quarter, largely driven....

Nvidia’s Sales Forecast Falls Short of High Expectations

Nvidia Corporation, a leader in artificial intelligence (AI) chip technology, released a sales forecast for the third quarter that fell....

Canada’s Credit Card Balances Hit Record High, Equifax Reports

Bloomberg - In the second quarter of this year, Canadian credit card holders carried an average balance of C$4,300 ($3,200),....

Asian Stocks Decline as Big Tech Weighs on U.S. Markets

Asian stocks took a hit on Tuesday following a mixed outcome on Wall Street. While the Dow Jones Industrial Average....

Bank of Canada Likely to Cut Interest Rates Faster in 2024

Economists are predicting that the Bank of Canada will continue lowering interest rates in its upcoming meetings, following two consecutive....

Global Stocks Approach Record High as Fed Rate Cut Looms

Global stock markets approached their highest levels on Monday, buoyed by the anticipation of interest rate cuts from the Federal....

Asian Stocks Mixed After Wall Street Rises on Rate Cut Hopes

Asian stock markets showed mixed results on Monday after U.S. stocks surged toward record highs, fueled by expectations that the....

Canadian Mutual Funds Surge to Highest Level in 2 Years, Driven by Bonds

In July, Canadian mutual funds witnessed their largest surge in sales in more than two years, according to the latest....

Bank of Canada's Rate Cuts Still Lagging, Says David Rosenberg

Despite two recent rate cuts by the Bank of Canada, David Rosenberg argues that the central bank remains significantly behind....

U.S. Equity Funds Surge as Rate Cut Bets Boost Investor Confidence

In the week leading up to August 21, U.S. equity funds attracted a remarkable influx of investment, driven by mounting....

Brookfield Eyes €9.5 Billion in Debt to Support Grifols Buyout

Brookfield Asset Management, based in Toronto, is pursuing a massive €9.5 billion ($10.6 billion) in debt from banks to finance....

Canadian Stocks Set for More Growth as Cash Piles and Investor Interest Surge

Canadian stocks are expected to continue their impressive run in the coming months, supported by strong cash reserves held by....

Couche-Tard's Bid for 7-Eleven Faces Debt and Dilution Risks

Alimentation Couche-Tard’s bold attempt to acquire Seven & I Holdings, the parent company of 7-Eleven, is raising concerns among analysts....

Powell Faces Crucial Decisions Amid Economic Uncertainty

Federal Reserve Chair Jerome Powell is preparing to make a pivotal speech at the annual Jackson Hole symposium, set against....

Canada's telecoms may sell assets like towers, Maple Leafs

Canada's major telecom companies are facing financial pressure due to intense competition and slow growth. This has led them to....

Big Banks Face Growing Borrower Stress as Third-Quarter Results Near

As the third quarter results of Canada's big banks approach, all eyes are on the ongoing financial strain faced by....

Investors Await Powell's Jackson Hole Speech for Rate Cut Hints

Federal Reserve Chair Jerome Powell faces a different challenge at this year's Jackson Hole economic symposium compared to last year.....

Caution Slows Stock Movement Ahead of Jackson Hole Meeting

The stock market showed minimal movement on Monday as traders exhibited caution ahead of the Federal Reserve's annual Jackson Hole....

Stocks Rally, Posting Best Week of 2024 After Early Dip

Stocks closed the week strong on Friday, with a significant rally on Thursday helping the S&P 500 and Nasdaq Composite....

Trump Discloses $513M Earnings from Resorts and Clubs

Former U.S. President Donald Trump's latest financial disclosure reveals that he earned a whopping $513 million from his golf courses,....

Wall Street Firms to Pay $470 Million Over Record keeping Failures

A group of major Wall Street firms, including Toronto-Dominion Bank’s TD Securities, BNY Mellon, and Truist, has agreed to pay....

Tech Stocks Drive Market Rebound with Strong Gains

The stock market has seen a notable resurgence as recent economic data has alleviated fears of a looming recession. Both....

Ballard Power's Stock Surges 7%, Overcoming CIBC Downgrade

Ballard Power Systems experienced a notable rebound in its stock value on Tuesday, with shares climbing 6.77% by the market....

US Inflation Anticipation Drives Stock Market Gains

European stock markets saw gains, and U.S. futures remained steady as investors awaited critical U.S. inflation data that could influence....

Ballard Power shares dip amid uncertain future sales

Ballard Power Systems saw its stock drop on Monday after the company's CEO, Randy MacEwen, cautioned investors about the unpredictability....

Asian Stocks Rise Amid Hopes for Lower U.S. Inflation

Asian markets were mostly higher on Monday, buoyed by a calm in Japanese trading due to a holiday, and the....

Adani Group Stocks Tumble Amid Hindenburg Accusations Against India Regulator

Adani Group's shares saw a significant drop after a report by Hindenburg Research accused the head of India’s market regulator,....

Traders Cautious on Stocks, Explore Alternative Options

After an exceptionally turbulent week in the markets, where the S&P 500 experienced its largest one-day drop and quickest rebound....

Prospect Capital Defends Its Record and Assures Funding Access

Prospect Capital Corp., a private lender with a 20-year history, has responded to recent criticisms regarding its financial practices and....

Algonquin Power Stock Drops 12.6% After Dividend Cut

Shares of Algonquin Power & Utilities (AQN) experienced a significant drop on Friday after the company announced a 40% reduction....

Global Stocks Rally as Traders Await Key U.S. Data

European stocks gained, and U.S. equity futures saw slight increases as the week closed out, with investors eagerly awaiting the....

Canada Unexpectedly Sees Trade Surplus Boosted by Energy and Gold

In a surprising turn of events, Canada achieved a C$638 million trade surplus in June, driven by a rise in....

Air Canada Shares Drop: CEO Displeased with Performance

Air Canada saw its stock decline on Wednesday, and the airline’s CEO expressed disappointment with the current share price. The....

Stocks Rebound After Three-Day Slump: S&P 500 and Nasdaq Lead the Way

US stock markets experienced a significant turnaround on Tuesday, bouncing back from a challenging three-day period that saw major losses.....

Canadian Stocks Dip Sharply Following Global Selloff

Canadian stocks took a steep dive at the opening bell on Tuesday as the Toronto Stock Exchange (TSX) and other....

Major U.S. Stock Indexes Drop Amid Recession Fears and Apple Decline

U.S. stock markets took a sharp dive on Monday, with the Nasdaq and S&P 500 each dropping over 3%. This....

Japanese Stocks Rebound Dramatically After Wall Street Slump

Japan’s stock market experienced a significant rebound on Tuesday, with the Nikkei 225 index closing over 10% higher. This surge....

Bitcoin and Ether Take Major Hits as Crypto Market Sinks

Cryptocurrencies faced a severe downturn on Monday, causing Bitcoin to drop over 14% and Ether to suffer its worst decline....

Japan's Nikkei Plunges 12.4% as Global Markets Worry About US Economy

Bangkok (AP) - On Monday, Japan's Nikkei 225 stock index nosedived 12.4%, reflecting investor anxiety over the U.S. economy. The....

Intel's stock drops 26% as recovery efforts face challenges

Intel's stock tumbled 26% on Friday, marking its worst day since 1974. The drop followed the company's announcement that it....

Nasdaq 100 enters correction as AI stocks tumble

In a significant market shift, the Nasdaq 100 Index has entered correction territory, shedding over $2 trillion in value in....

Bank of Canada may cut rates sooner after weak U.S. jobs data

Market expectations are rising that the Bank of Canada will cut interest rates at each of its remaining meetings this....

Buffett sells more Bank of America shares, totalling $3.8 billion

Berkshire Hathaway, the investment giant led by Warren Buffett, has been reducing its holdings in Bank of America, selling over....

Barclays reveals $960 million stock buyback and raises its forecast due to strong performance in investment banking

Barclays has made headlines with its announcement of a £750 million ($957 million) share buyback and an upgraded earnings forecast,....

Meta's Sales Surpass Estimates, Shares Rise on Ad Growth

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Temasek of Singapore to invest $30 billion in US over 5 years

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Japan stocks lead Asia's gains amid U.S. inflation review, BOJ meet

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NYSE Announces Delay of Bill Ackman’s Pershing Square IPO

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G20 Finance Chiefs Back Plan to Tax the Ultra-Rich

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Berkshire Hathaway sells $2.3 billion in Bank of America shares

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CrowdStrike shares drop amid ongoing global tech outage

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Dollar Drops After Biden Exits Race, China Bonds Rise

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Stocks Drop on Wall Street and in Europe Due to Microsoft Outage

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Regional US banks face profit pressure from high deposit expenses and sluggish loan demand

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Morning Report: Markets prepare for a volatile day

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Intuitive Surgical's Profits Surge Due to High Demand for Surgical Robots

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Morning Bid: Chip Prices Fall Amid Growing Trade Tensions

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US bank leaders share insights on consumer outlook

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Gold Soars to New High Over $2,460 as Rate Cuts Are Expected

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Canada's Inflation Rate Drops, Raising Hopes for Interest Rate Cuts

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Berkshire Hathaway hits a new all-time high closing value

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BlackRock Reaches New Heights with $10.65 Trillion in Assets

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Swiss Officials Face Criticism in Credit Suisse Investigation

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Goldman Sachs to announce Q2 earnings—Wall Street’s expectations

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Bond Market Changes as Conditions Improve for Fed Rate Cuts

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Dow Surpasses 40,000 as Stocks Rebound After Tech Slump

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Oil Prices Climb as US Inflation Drops; Brent Set for Weekly Loss

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Asian Stocks Mixed as Yen Fluctuates Following Wall St Gains

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Big Tech stocks rise, S&P 500 tops 5,600 for the first time

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Citigroup hit with $136M fine, setback for CEO Jane Fraser

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Tesla's shares rise for 10th day straight; investors hopeful for growth

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Stocks rise to new highs as Powell's testimony fuels hopes for rate cuts

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Tesla's stock rises for the 9th consecutive day

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Canadian mineral stocks drop due to stricter rules for mergers and acquisitions

Shares of Canadian mining companies specializing in critical minerals like copper and uranium took a dive on the Toronto Stock....

Key Insights This Week: Inflation Trends, Powell's Speech, and Major Bank Earnings Reports

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Samsung's Shares Hit Three-Year Peak After Profits Skyrocket

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Trump Pushes for Corporate Tax Cuts, Faces Resistance from Some GOP Members

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Canadian Office Real Estate Sees Glimmer of Hope Amid Lingering Challenges

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Brexit serves as a stark warning against Trump's policies

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Asian stocks varied following Wall Street's positive performance

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Traders Face Uncertainty as French Election Results Analyzed

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Jefferies predicts Anglo American's coal fire will impact met coal sales

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2024 Guide: Average CPP Benefits at 60 and 65

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Lawsuits planned to reclaim COVID aid overpayments: Canadian tax agency

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Nike's shares drop as company forecasts bigger sales decline for 2025

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Canada's cities remain appealing to global workers despite rising rents squeezing affordability

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Bank of Canada delays rate cuts until September amid ongoing economic recovery

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Morning Market Watch: Tech Optimism Curbed by Cautious Investors

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Macklem: Bank of Canada Can Manage Inflation Without Increasing Unemployment

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Liberal government implements new capital gains tax today

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Bank of Canada Weighed Delaying Interest Rate Cut Until July

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Nuvei Shareholders Approve $6.3B Private Equity Buyout

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Federal Banking Regulator Holds Domestic Stability Buffer at 3.5%

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Are Destination Weddings Cost-Effective Amid Rising Travel Costs?

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Changes to Capital Gains Tax Proposed by Liberals: Key Points

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Will one interest rate drop impact Canada's housing market? Key insights.

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May's Unemployment Hits 6.2%: Will Further Rate Cuts Follow?

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Will Summer See Further Relief as Gas Prices Decrease in Canada?

Experts anticipate a potential decrease in gas prices for Canadians planning summer road trips, but market volatility and weather-related disruptions....

Bank of Canada Cuts Interest Rate to 4.75% First Time in 4 Years

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S&P/TSX Composite Rises Nearly 200 Points; U.S. Markets Mixed

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Exploring 10-Year Mortgages: Alleviating Payment Shock for Canadians

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Economists Watch April Inflation Ahead of BoC Decision

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Bank of Canada: Rate Cuts Ahead as Inflation Cools?

Economists and financial analysts are increasingly leaning towards predicting interest rate cuts by the Bank of Canada following another report....

How to Get the Best Deal on a Used Car and Avoid a Lemon

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April Sees Decline in Home Sales and Construction

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US, Canada Join Forces to Fund Critical Minerals Startup Lomiko

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US Inflation Data Leaked Ahead of Schedule

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Bay Area Inflation Surges as Consumer Prices Climb

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Stocks Inch Down on Monday; U.S. Markets Show Varied Performance

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Sega Sammy Sells Resort to US Investment Firm

Sega Sammy, the Japanese entertainment giant famous for "Sonic the Hedgehog," is selling its resort, Seagaia, to Fortress Investment Group....

Eavor's Geothermal Tech Backed by EIB & EU Fund in Bavaria

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Virginia Judge to Rule: Are Embryos Property?

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Insights into Smart Port Market: Strategies & Trends 2023-2030

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Medicare, Social Security Solvency Extended: Relief in New Report

The anticipated depletion dates for Medicare and Social Security have been postponed, as revealed in the latest annual report from....

Nestle Chocolate Plant Strike: Unifor Reports Hundreds Walk Out in Toronto

In Toronto, a significant development unfolded as hundreds of employees at the Nestle chocolate plant opted to strike on Sunday.....

SEC Busts Trump Media's New Auditors for Massive Fraud

An auditing firm recently hired by Trump Media and Technology Group has been accused of "massive fraud" by the Securities....

Air Canada's Q1 2024 Financial Review

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Wealthsimple: Understanding Young Canadians' Struggles, Eyes Mortgages

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Trump Granted 36M Additional Shares in Trump Media Valued at $1.6B

Former President Donald Trump has secured an additional $1.6 billion in shares in Trump Media, as revealed by a recent....

Apple's iPhone Sales Drop 10% Yet Stock Soars

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Find Your Perfect Office Mate for Fair Share Success

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Truth Social's Rollercoaster Debut Month in Trading

As Trump Media & Technology Group approaches its inaugural month on the public trading stage, it's clear that its journey....

B.C. Invests $25M to Boost Local Milk Production

The government of British Columbia has pledged $25 million towards expanding a milk production plant in Abbotsford, B.C., aiming to....

Alberta Proposes Bill to Cut Power Fees for Calgary Residents

In Edmonton, the Alberta government aims to shield Calgary residents from excessive surcharges on their power bills. Utilities Minister Nathan....

Key Canadian Business Events Next Week

In the upcoming week, Canadian business observers are keeping an eye on various key developments: Railway Earnings: Canadian National Railway....

Bitcoin Halving: What It Means for Miners, Prices, and the Environment

Bitcoin's latest "halving" event has occurred, marking a significant milestone in the world of cryptocurrency. This event, which takes place....

Experts: Addressing Construction Worker Shortage Vital for Housing Expansion

Experts emphasize that addressing the prolonged shortage of construction workers is crucial for increasing housing supply in Canada. The Canada....

Senate Grills Boeing on Safety Culture in Dual Hearings

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Key Omissions in 2024 Federal Budget

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Ottawa Eyes Canada Post Land for Housing in Budget

The Canadian government aims to utilize unused Canada Post and National Defence properties to address housing affordability, revealed in the....

China Surpasses Forecasts, Economy Up 5.3% Q1

China's economy showcased unexpected vigor in the first quarter of the year, outpacing analysts' projections and displaying resilience amid ongoing....

Biden's New Rule Demands Higher Fees for Oil & Gas Drilling on Federal Lands

The Biden administration has finalized a new rule requiring oil and gas companies to pay higher fees for drilling on....

MTY Food Group Sees Q1 Profits, Revenue Drop

MTY Food Group Inc., based in Montreal, faced challenges in its first quarter due to adverse weather and economic conditions,....

Wall Street Plummets, Wraps Up Worst Week Since October

Stocks in the U.S. experienced a significant decline after the earnings reporting season began with mixed results. The S&P 500....

CIBC Poll: 76% of Non-Owners Find Housing Market Unattainable

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Wall Street Holds Steady as Bond Yields Ease Pre-Inflation Report

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Paramount Global Nears Acquisition Deal with Skydance Media

Paramount Global and Skydance Media are on the brink of finalizing a significant deal, with reports indicating that the media....

Rising Grocery Costs: Impact on Everyday Budgets

The cost of filling a grocery cart has significantly escalated over the past five years, as revealed by an analysis....

Olive Garden Struggles as Prices Rise: Dining Becoming Cost-Prohibitive

The popular American eatery, Olive Garden, known for its family-friendly atmosphere and Italian cuisine, is facing a decline in patronage....

Tesla Faces Delivery Dip Amidst Rising Competition

Tesla experienced a decline in its quarterly car deliveries for the first time since 2020, raising concerns about its global....

WestJet Encore Pilots Vote to Strike, Deepening Airline's Turmoil

WestJet Encore, the regional carrier under WestJet, faces potential turbulence as its pilots have voted in favor of a strike....

Microsoft and OpenAI Forge $100 Billion AI Supercomputer Project

Microsoft and OpenAI, the parent company of ChatGPT, are collaborating on an ambitious venture that entails the development of a....

Canadian Food Banks Grapple with Growing Financial Burdens

Amidst the pressing issue of affordability in Canada, not-for-profit organizations are facing significant financial challenges. The Central Okanagan Food Bank,....

Mississippi Issues Legal Warning to BlackRock Over ESG Strategies

BlackRock, a prominent investment firm headquartered in New York, has been served a legal warning by the state of Mississippi....

Truth Social's Turbulent Debut: A Close Look at Trump-Tied Media Company's Stock Surge

The debut of Truth Media & Technology Group, the company linked to Donald Trump's Truth Social platform, ignited a flurry....

Former WeWork CEO Adam Neumann Eyes Company Repurchase Amid Bankruptcy

Adam Neumann, the co-founder of WeWork, has reportedly made a bid exceeding $500 million to repurchase the embattled office-sharing company,....

Nike Forecasts Revenue Dip Amid Strategy Shift

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Reddit Prices IPO at Top Range, Raises $748 Million

Reddit, the popular social media platform, has set the price for its initial public offering (IPO) at the upper end....

Exploring Factors Behind Slowing EV Sales Growth

Several major automakers are adjusting their plans to expand the production of electric vehicles (EVs) due to a slowdown in....

Newark Airport's Terminal A Receives Prestigious Five-Star Rating

Newark Airport's Terminal A clinches a prestigious accolade within the travel industry for its exceptional quality, marking a surprising turn....

Tech Tycoon Mike Lynch Faces Trial in HP Fraud Case

Mike Lynch, the renowned British tech entrepreneur often likened to Steve Jobs, is gearing up for his trial in the....

Park Avenue's 277 Park Ave. Soars with New Leases

Park Avenue landlords are celebrating recent developments following our previous report indicating that Sixth Avenue had marginally surpassed Park Avenue....

Costco Assures $1.50 Hot Dog Combo Safe Amid CFO Transition

Costco's long-standing tradition of offering its $1.50 hot dog and soda combo isn't likely to change anytime soon, according to....

"Canada's Carbon Price to Rise April 1: How Much?"

Amid calls from various provincial leaders to halt the carbon price increase, Canada prepares for the upcoming hike on April....

Kevin O'Leary Proposes American Acquisition of TikTok Assets

Following the approval of a bill by the U.S. House that could potentially result in the banning of TikTok, prominent....

Americans Face Uncertainty Over Tax Refunds Amid Economic Challenges

A recent study has revealed that a significant portion of Americans are uncertain about whether they will receive a tax....

Porsche Unveils Electrifying Powerhouse: The Taycan Turbo GT

Porsche has taken the wraps off its latest high-performance luxury vehicle, the electric Taycan Turbo GT, touted as its most....

NYC Implements Green Mandate for Pizzerias and Bakeries

New York City has silently sanctioned a contentious environmental initiative requiring pizzerias and matzah bakeries utilizing long-standing wood- and coal-fired....

Canadians Anticipate Slow Uptake Amidst Banking Transformations

Canada is on the brink of a transformative shift in banking that could offer consumers and businesses greater control over....

Rivian Delays Georgia Plant Plans Amid EV Market Shift

Rivian Automotive announced on Thursday a significant adjustment to its expansion strategy, revealing the postponement of its plans for a....

Apple's iPhone Sales in China Decline Amid Rising Competition from Huawei

In the initial six weeks of 2024, Apple witnessed a significant decline of 24% in iPhone sales within the Chinese....

Major Players Unite: New Sports Streaming Service Set to Revolutionize Viewing Experience

A collaboration between Fox Corp, Walt Disney, and Warner Bros Discovery is gearing up to launch a sports streaming service....

Boston Properties' Strategic $1 Deal for 360 Park Avenue South

The world isn't ending, and neither is 360 Park Avenue South, the historic office building at East 26th Street. Boston....

Vestible Inc. Revolutionizes Sports Investment: Baron Browning's IPO Marks a New Era

A novel investment platform, Vestible Inc., has been granted federal approval to commence trading on the US stock market. This....

Bitcoin Surges Past $60,000 Amid ETF Popularity and Technical Glitches

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UnitedHealth Group Faces DOJ Antitrust Probe Amid Healthcare Cost Concerns

The United States Department of Justice (DOJ) has initiated an antitrust inquiry into UnitedHealth Group, as per a report by....

The Hidden Costs of Living with Parents for Gen Z

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Misconceptions of the Bull Market: Debunking the "Magnificent 7" Myth

The prevailing narrative suggests that a select few stocks have been instrumental in propelling the S&P 500 to unprecedented heights.....

Nestlé Stock Drops as Sales Miss Estimates Amid Inflation Concerns

Nestlé, the Swiss multinational known for KitKat chocolate bars and Häagen-Dazs ice cream, experienced a 4.5% drop in its stock....

South Beach Wine & Food Festival 2024: A Culinary Extravaganza

Miami's vibrant culinary scene is set to take the spotlight at the South Beach Wine & Food Festival this week,....

Backyard Camping or Glamping? Airbnb Listing Sparks Debate

When you think about booking a camping trip on Airbnb, you might picture yourself glamping under the stars in a....

Capital One Considering Acquisition of Discover Financial Services

Capital One, an online consumer bank and credit card issuer, is reportedly considering acquiring Discover Financial Services, a credit card....

Tax Refunds Dip: Americans Brace for Smaller Returns

The reduction in refund size raises concerns for many Americans who rely on these funds from the government to finance....

Morgan Stanley Initiates Workforce Reduction In Wealth Management Division

Morgan Stanley is set to reduce its workforce in the wealth management division, a move attributed to cost-saving initiatives spearheaded....

Walmart Explores Acquisition of Vizio in Billion-Dollar Deal

Walmart is reportedly in negotiations to acquire Vizio, a prominent smart TV manufacturer, for over $2 billion, as revealed by....

Bitcoin Surges Past $50,000 Mark, Reviving Investor Optimism

Bitcoin surged above the $50,000 mark on Monday, marking its highest value in over two years, showcasing a robust recovery....

Crypto Firms Shun Super Bowl Ads: A Strategic Shift

Crypto enthusiasts hoping to catch glimpses of their favorite digital assets during this year's Super Bowl will be left disappointed,....

Setback in Space: Virgin Galactic Grounds Rocket After Mid-flight Mishap

Virgin Galactic's recent space tourism flight encountered a setback as an essential part became detached mid-flight, prompting the company to....

CIMC Sees Surge in Hydrogen Business Amid Clean Fuel Push

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McDonald's Faces Backlash Over Skyrocketing Prices

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McDonald’s Shifts Focus to Affordability Amid Sales Decline

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Gotham Organization and Carlyle Group Secure Aire Luxury Tower in Silent Deal

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In a recent slew of quarterly earnings reports, Meta made waves by announcing its inaugural dividend, while Amazon displayed robust....

Manhattan Office Market Resurges Amidst Pandemic Fallout

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Debating the Tip: NYC Diners and Owners Clash Over Gratuity Changes

New York City diners are facing a growing trend of increased gratuity charges, prompting discussions about the fairness of the....

Neuralink Marks Milestone with Successful Human Brain Chip Implant

Elon Musk, the entrepreneur behind the tech startup Neuralink, has revealed the successful implantation of a brain chip in the....

Renewed Vibrancy in Sixth Avenue: Success Stories and Resurgence

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Tesla Faces Growth Headwinds Amidst Pricing Strategy Shift

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Netflix Surpasses Subscriber Expectations, Stock Soars

Netflix exceeded expectations in the fourth quarter, surpassing Wall Street estimates with a substantial increase in subscribers driven by compelling....

Proposed Legislation Targets CEO Pay Disparities: Tax Excessive CEO Pay Act Faces Uphill Battle

A group of Democratic lawmakers, led by Senator Bernie Sanders, is advocating for a tax increase on companies where the....

Arkhouse and Brigade Capital Propose $5.8 Billion Privatization of Macy's

On December 1, Arkhouse Management, a real estate-focused investment firm, in collaboration with Brigade Capital Management, a global asset manager,....

Amazon's iRobot Deal Faces EU Rejection

The European Union's competition watchdog is set to reject Amazon's proposed acquisition of iRobot, the maker of robot vacuums, according....

Harvard's Endowment Rebuilding: Silicon Valley Engagement Amidst Campus Controversy

Harvard University's $51 billion endowment management team recently toured Silicon Valley to engage with potential investors, aiming to improve the....

Legal Challenge for Meta Deepens as CEO Zuckerberg Faces Deposition in Texas Lawsuit

Meta CEO Mark Zuckerberg is set to be deposed in a Texas legal battle where the social media giant is....

Farewell to the Last Sears: End of an Era in Jersey City

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Atlanta Fed President Cautions Against Premature Rate Cuts, Warns of Inflation 'See-Saw'

Atlanta Federal Reserve President Raphael Bostic has cautioned against premature interest rate cuts, expressing concerns that hasty decisions could lead....

Potential Communication Hurdles for Bank of Canada Amidst Rate Cut Speculations

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U.S. Regulators Greenlight Bitcoin Exchange-Traded Funds, Paving the Way for Wider Crypto Access

U.S. regulators have given the green light to Bitcoin Exchange-Traded Funds (ETFs), a groundbreaking development for the approximately $1.7 trillion....

Canadian Financial Concerns Heighten Amid Economic Uncertainty: TransUnion Survey Reveals

A recent survey conducted by TransUnion reveals that a significant portion of Canadians are apprehensive about meeting their financial obligations....

Restaurants Canada Urges Extension for CEBA Repayment Deadline to Avert Industry Crisis

Restaurants Canada, a national body representing the food service industry, voiced concerns over the impending Canada Emergency Business Account (CEBA)....

Red Sea Attacks Disrupt Global Shipping, Impacting Canadian Trade

The impact of attacks on cargo vessels in the Red Sea is poised to affect Canadian shippers and consumers. As....

Carrefour Removes PepsiCo Products Over Price Dispute: Industry-Wide Concerns Emerge

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Goldman Sachs Employees Anticipate Compensation Anxiety Amid Uncertain Future

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Anticipated Surge in Mergers and Acquisitions Forecasts Canadian Economic Revival

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Top-Earning CEOs in Canada for 2022: Record Compensation Disparities Revealed

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Transition to Electric Pickup Trucks: Realities and Experiences from Users in Canada

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Optimism Abounds: Airline Industry and Canadian Travelers Look Ahead to 2024

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Quebec Unions and Government Reach Salary Agreement in Bid to End Labor Conflict

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Assessing the Impact: Canadians Embrace Boxing Day Sales Amidst Shifting Retail Landscape

This year's Boxing Day shopping saw bustling activity in Canada as shoppers sought discounts, advised a retail analyst, emphasizing careful....

Canadian Economy Shows Modest Recovery Amidst Sectoral Fluctuations and Rate Concerns

The Canadian economy appears to be steering clear of consecutive quarterly downturns, showing a slight uptick toward the year's end,....

Canada's Electric Vehicle Revolution: Anticipating Growth and Transformative Trends in 2024

Canada is steering toward an electric vehicle (EV) revolution in its battle against climate change, eyeing a transformative year in....

Alberta Premier Contests Federal EV Regulations, Advocates for Hydrogen Vehicles

Alberta Premier Danielle Smith expressed readiness to challenge the federal government's new electric vehicle (EV) regulations, emphasizing the efficacy of....

Canadian Government Nearing Approval of Royal Bank's Acquisition of HSBC's Canadian Operations

The Canadian government is anticipated to greenlight Royal Bank of Canada's acquisition of HSBC Holdings Plc's Canadian operations in what....

Canada's Unprecedented Population Surge Raises Concerns Amidst Influx of Temporary Residents

Canada is experiencing an unprecedented surge in population growth, setting new records largely due to an influx of temporary residents,....

Equifax Canada President Warns of Mounting Financial Strain Among Canadians Amid Rising Borrowing Costs and Inflation

The head of a major credit reporting agency has highlighted the increasing financial strain Canadians are facing due to rising....

Understanding Canada's Upcoming Share Buyback Tax: Impact, Scope, and Investor Considerations

A fresh tax regulation affecting Canadian companies engaging in share repurchases is poised to be implemented from January 1. The....

Canadian Rental Market Sees Declines in Priciest Cities, Winter Presents Opportunity for Renters

A recent report highlights an opportune moment for renters in Canada's priciest housing markets, where rent prices are on a....

Scotiabank's Expansion Strategy: Bolstering Financial Advisory Services for Enhanced Growth

The Bank of Nova Scotia has outlined ambitious plans to significantly expand its financial advisory services, aiming to enhance the....

Ontario Plans Major Overhaul: Beer, Wine, and Cocktails to Be Sold in Convenience and Grocery Stores by 2026

Ontario's Premier Doug Ford revealed plans on Thursday to permit the sale of beer, wine, cider, and ready-to-drink cocktails in....

CIBC Faces $1.3 Million in Penalty from Finance Intelligence Agency

Canada's financial intelligence agency, the Financial Transactions and Reports Analysis Centre of Canada (Fintrac) has disclosed a $1.3-million penalty against....

New Costs of Feeding a Family of Four in 2024

A fresh report anticipates that the cost of food products in Canada will undergo a moderate inflationary increase, ranging from....

Spotify CFO Sells USD 9 Million in Shares, Leaves Streaming Business

Spotify, the music streaming service, revealed that its Chief Financial Officer (CFO), Paul Vogel, will depart next year, following the....

Alberta Legislation’s Fall-Setting Wrapped Up, Key Takeaways Surrounding Pension-Exit Legislation

Alberta's legislature concluded its fall session early on Thursday, marked by Premier Danielle Smith's government pushing through a bill mandating....

Canada Bread Slams Claims of Price-Fixing Scheme in Recent Court Filing, Blames Maple Leaf

The bread supplier, Canada Bread Co. Ltd., implicated in price-fixing earlier this year, has filed court documents asserting that any....

Bank of Canada Holds Interest Rates Steady, When Will Cuts Begin?

The Bank of Canada opted to maintain its benchmark interest rate unchanged on Wednesday and emphasized that potential future increases....

Report Forecasts Slower Food Inflation in 2024 as Prices Moderate

According to a recent report from Dalhousie University, the University of British Columbia, the University of Guelph, and the University....

Government Mandates Over One-Third Reduction in Oil and Gas Emissions by 2030, Permits Offset Credits

The federal government is unveiling a new policy aimed at reducing emissions within the oil and gas industry, setting a....

Laurentian Bank Falls Short on All Financial Goals, Announces Restructuring Charge

Laurentian Bank of Canada acknowledged falling short of its financial targets for 2023, signaling a significant task for its new....

Dale Jackson's Report: Surging Borrowing Costs Hit Seniors Opting to Stay in Family Homes

A recent report released by the Canada Mortgage and Housing Corporation (CMHC) has highlighted a growing trend among seniors who....

Americans' Perceived Retirement Savings Goals for a Comfortable Retirement

The American retirement landscape faces a significant challenge as there's a significant disconnect between what individuals believe they should save....

Easy Investment Routes: 5 Ways to Invest in Gold Amidst Surging Prices

The Appeal of Gold Investments Amidst Economic Uncertainty Gold has always been a sought-after investment for its stability and role....