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....

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)....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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.....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

 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....

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....

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,....

Federal Reserve Eases Rates Amid Election-Induced Uncertainty

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

Global Stocks Surge Amid Stimulus Optimism

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

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....

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....

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....

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....

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....

Corus Entertainment Explores Possible Sale Amid Debt Woes

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

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....

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....

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....

HSBC Reports Profit Surge, Launches $3 Billion Buyback

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

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....

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....

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....

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....

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....

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,....

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....

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....

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....

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....

Yen Weakens as North American Trading Heats Up

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

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....

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,....

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....

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....

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....

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....

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,....

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....

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....

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....

Market Optimism Fades as Mideast Tensions Escalate

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

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....

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....

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....

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....

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....

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....

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....

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.....

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,....

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....

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....

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....

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....

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....

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....

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,....

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....

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....

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,....

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,....

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....

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....

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....

Economic Issues to Watch as Parliament Resumes

As Parliament resumes, economic challenges are set to dominate the agenda, particularly following the collapse of....

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....

Canadians' debt burden nears record, economists warn

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

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....

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....

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,....

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....

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....

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....

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....

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,....

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,....

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....

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....

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....

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....

Former RBC Exec Ahn Denies Alleged Relationship with Subordinate

In a recent development, former Royal Bank of Canada (RBC) Chief Financial Officer Nadine Ahn has....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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....

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,....

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....

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....

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....

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....

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....

Powell Faces Crucial Decisions Amid Economic Uncertainty

Federal Reserve Chair Jerome Powell is preparing to make a pivotal speech at the annual Jackson....

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....

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....

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....

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....

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....

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....

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,....

Tech Stocks Drive Market Rebound with Strong Gains

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

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....

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....

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....

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....

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....

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....

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....

Algonquin Power Stock Drops 12.6% After Dividend Cut

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

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....

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....

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....

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....

Canadian Stocks Dip Sharply Following Global Selloff

Canadian stocks took a steep dive at the opening bell on Tuesday as the Toronto Stock....

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....

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....

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....

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....

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....

Nasdaq 100 enters correction as AI stocks tumble

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

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....

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....

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....

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

Meta Platforms Inc. reported stronger-than-expected sales for the second quarter, highlighting how its investments in artificial....

Canada’s S&P/TSX Composite Exceeds 23,000 for First Time

For the first time, Canada’s stock benchmark, the S&P/TSX Composite Index, closed above 23,000 points, signalling....

US Job Openings Drop as Labor Market Cools with High Rates

US job openings slightly decreased last month, reflecting a cooling labour market as high interest rates....

Crypto stocks in the US drop after Trump-driven surge

Shares of cryptocurrency companies listed in New York experienced a decline on Monday, following a brief....

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

Singapore's state-owned investment firm, Temasek, is gearing up to invest a whopping $30 billion in the....

Alibaba's stock rises as the company announces plans to increase fees for merchants

Shares of Alibaba Group Holding Ltd. surged to their highest in two months as investors responded....

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

Asian markets saw a significant rise on Monday, with Japan's Nikkei 225 leading the charge. This....

NYSE Announces Delay of Bill Ackman’s Pershing Square IPO

Billionaire investor Bill Ackman has decided to delay the much-anticipated initial public offering (IPO) of Pershing....

G20 Finance Chiefs Back Plan to Tax the Ultra-Rich

Finance ministers from the world's leading economies agreed on Friday to work towards effectively taxing the....

Oil prices rise slightly due to strong U.S. GDP, but Asia's troubles cap gains

Oil prices saw a modest increase on Friday, driven by better-than-expected U.S. economic data that raised....

Berkshire Hathaway sells $2.3 billion in Bank of America shares

In a significant move, Berkshire Hathaway, led by Warren Buffett, has been steadily reducing its stake....

Visa Shares Plunge Over 4% After Revenue Miss, Highlighting Industry Challenges

Visa's shares took a significant hit on Wednesday, dropping more than 4% and erasing all of....

S&P 500 and Nasdaq See Biggest Declines Since 2022 Due to Tesla and Alphabet Earnings

On Wednesday, the S&P 500 and Nasdaq ended at multi-week lows, marking their biggest declines since....

Foxconn plans to spend $138 million on a new headquarters in China

Foxconn, a major player in electronics manufacturing and Apple's top iPhone assembler has announced plans to....

Revenue from China for top chip equipment makers has doubled since U.S. restrictions.

Since late 2022, four major semiconductor equipment manufacturers have seen a remarkable increase in their revenue....

Markets expect Bank of Canada to cut interest rates again this week

Economists and market experts are eagerly anticipating another interest rate cut from the Bank of Canada....

CrowdStrike shares drop amid ongoing global tech outage

CrowdStrike shares fell by 13% on Monday as the cybersecurity firm dealt with the aftermath of....

Dollar Drops After Biden Exits Race, China Bonds Rise

The US dollar weakened and US Treasury bonds gained after Joe Biden announced he would not....

Biden’s Departure Raises Questions About Trump Trade Amid Election Shift

Investors have been positioning themselves for Donald Trump's potential return to the White House by reducing....

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

On Friday, stock markets on Wall Street and across Europe took a hit as a major....

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

Several mid-sized and regional banks in the United States reported lower second-quarter profits, citing challenges in....

Morning Report: Markets prepare for a volatile day

This week has been tumultuous for investors, with a tech sell-off driven by escalating trade tensions....

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

Intuitive Surgical had a standout second quarter, surpassing expectations with strong profits and revenue driven by....

Warren Buffett Invested $7.1 Billion in This Stock Last Year

Warren Buffett, renowned as one of the best investors in history, continues to draw attention whenever....

Morning Bid: Chip Prices Fall Amid Growing Trade Tensions

This week has seen a significant sell-off in technology stocks, driven by concerns over potential tighter....

US bank leaders share insights on consumer outlook

U.S. banks have seen significant profits due to increased interest payments on loans, but many top....

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

Gold soared to a record high on Tuesday as investors grew increasingly optimistic about a potential....

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

Economists are optimistic following a surprising decline in Canada’s national inflation rate, suggesting that the Bank....

Berkshire Hathaway hits a new all-time high closing value

On Monday, Berkshire Hathaway's share price reached a remarkable new high, reflecting the strong trust investors....

BlackRock Reaches New Heights with $10.65 Trillion in Assets

BlackRock, the world’s largest asset manager, reported a record $10.65 trillion in assets under management for....

Swiss Officials Face Criticism in Credit Suisse Investigation

A preliminary report from a Swiss parliamentary committee investigating the 2023 collapse of Credit Suisse has....

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

Goldman Sachs is set to announce its second-quarter earnings on Monday morning, and many are eagerly....

Bond Market Changes as Conditions Improve for Fed Rate Cuts

The U.S. bond market is experiencing a significant shift as traders begin to anticipate three interest....

Dow Surpasses 40,000 as Stocks Rebound After Tech Slump

US stocks finished the week on a high note, with all three major indexes posting gains....

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

Oil prices saw a slight increase on Friday, influenced by signs of easing inflation in the....

Asian Stocks Mixed as Yen Fluctuates Following Wall St Gains

Asian stock markets experienced mixed results on Friday as the yen moved between gains and losses.....

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

On Wednesday, US stocks surged to new all-time highs, cheered on by optimistic remarks from Federal....

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

Regulators have hit Citigroup with hefty fines totalling $136 million for ongoing failures in managing risks....

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

Tesla's stock (TSLA) ended Tuesday up by around 4%, marking its tenth consecutive day of gains.....

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

In a day marked by fresh highs on Wall Street, the S&P 500 and Nasdaq Composite....

Tesla's stock rises for the 9th consecutive day

Tesla's stock (TSLA) continued its upward climb on Monday, marking its ninth straight day of gains....

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....

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

Investors are set to face a significant week with a key inflation reading and the start....

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

The $160 billion memory market is bouncing back this year after a severe post-Covid downturn, driven....

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

After President Joe Biden's recent debate performance, concerns about his suitability for a second term have....

Canadian Office Real Estate Sees Glimmer of Hope Amid Lingering Challenges

The Canadian office real estate market saw a glimmer of hope recently, with top-tier buildings experiencing....

Brexit serves as a stark warning against Trump's policies

In 2016, Britain made a historic decision to leave the European Union, a move that Donald....

Asian stocks varied following Wall Street's positive performance

Asian markets showed a mixed response on Tuesday following gains on Wall Street and notable movements....

Traders Face Uncertainty as French Election Results Analyzed

Investors are gearing up for a rollercoaster week after Marine Le Pen's far-right party clinched the....

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

A fire at Anglo American's Grosvenor coal mine in Australia has dealt a significant blow to....

2024 Guide: Average CPP Benefits at 60 and 65

A recent survey by Abacus Data for the Healthcare of Ontario Pension Plan (HOOPP) unveils that....

Lawsuits planned to reclaim COVID aid overpayments: Canadian tax agency

The Canada Revenue Agency (CRA) is intensifying efforts to recoup more than $9 billion in pandemic....

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

Nike (NKE) stock plummeted by 11% in after-hours trading Thursday after the company projected a steeper....

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

Canada’s major cities have seen a decline in affordability over the past year, driven primarily by....

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

Deloitte Canada's latest economic outlook predicts a strengthening Canadian economy in the latter half of 2024,....

Morning Market Watch: Tech Optimism Curbed by Cautious Investors

Today's market reflects cautious optimism ahead of critical economic indicators, including the U.S. inflation reading, tech....

Food prices rise in May, marking first increase in nearly a year

Canadian households continue to face a squeeze from higher grocery prices, as food inflation saw its....

Macklem: Bank of Canada Can Manage Inflation Without Increasing Unemployment

Mark Carney, the Governor of the Bank of Canada, emphasized in a speech in Winnipeg that....

Liberal government implements new capital gains tax today

The Canadian government has rolled out new capital gains tax rules, signaling a significant shift despite....

Bank of Canada Weighed Delaying Interest Rate Cut Until July

The Bank of Canada contemplated delaying an interest rate cut until July but ultimately opted for....

Nuvei Shareholders Approve $6.3B Private Equity Buyout

MONTREAL - Nuvei Corp. shareholders have overwhelmingly approved a proposal for the company to be acquired....

Federal Banking Regulator Holds Domestic Stability Buffer at 3.5%

The federal banking regulator has decided to keep the domestic stability buffer unchanged, indicating that while....

Are Destination Weddings Cost-Effective Amid Rising Travel Costs?

Last month, Matt Lassaline and Kirsten Whiteley from Ontario tied the knot against the picturesque backdrop....

Homebuyers' Response to Bank of Canada Rate Cut

The Bank of Canada's recent interest rate cut, the first in over four years, might not....

Changes to Capital Gains Tax Proposed by Liberals: Key Points

Finance Minister Chrystia Freeland regards the proposed amendments to capital gains taxes, introduced on Monday, as....

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

The Bank of Canada’s recent interest rate reduction, the first in over four years, is expected....

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

A decelerating economy is pushing more Canadians into part-time work, disrupting young Canadians' attempts to gain....

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....

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

The Bank of Canada has reduced its key interest rate to 4.75%, marking the first cut....

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

In Toronto, the primary stock index rose nearly 200 points on Friday, while American markets showed....

Exploring 10-Year Mortgages: Alleviating Payment Shock for Canadians

A recent report from Desjardins sheds light on the challenges Canadian homeowners face with rising interest....

Economists Watch April Inflation Ahead of BoC Decision

This week's upcoming inflation report from Statistics Canada is expected to reveal a dip in Canada's....

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....

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

Although prices have decreased since the peak of the pandemic, the used car market remains strong.....

April Sees Decline in Home Sales and Construction

Canada saw a slight dip in both housing starts and home sales in April 2024, compared....

US, Canada Join Forces to Fund Critical Minerals Startup Lomiko

For the first time, the United States and Canada are collaborating to support the development of....

US Inflation Data Leaked Ahead of Schedule

The US Bureau of Labor Statistics acknowledged releasing Consumer Price Index (CPI) data prematurely by 30....

Bay Area Inflation Surges as Consumer Prices Climb

Inflation in the Bay Area picked up speed in April, rising faster than in previous months....

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

Toronto's primary stock index saw a decline on Monday, while U.S. markets displayed a mixed performance,....

Sega Sammy Sells Resort to US Investment Firm

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

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

The European Investment Bank (EIB) is financing a groundbreaking geothermal heating project in Bavaria with nearly....

Virginia Judge to Rule: Are Embryos Property?

A courtroom drama unfolded in Fairfax, Virginia, as a judge presided over a pivotal trial that....

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

The Smart Port Market is set to witness significant growth, projected to expand at a compound....

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....

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....

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....

Air Canada's Q1 2024 Financial Review

Air Canada recently released its financial results for the first quarter of 2024. The airline reported....

Wealthsimple: Understanding Young Canadians' Struggles, Eyes Mortgages

Michael Katchen, CEO of Wealthsimple, is optimistic about the future of his online investment management platform....

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....

Apple's iPhone Sales Drop 10% Yet Stock Soars

Apple revealed its sharpest decline in iPhone sales for a quarter since the onset of the....

Find Your Perfect Office Mate for Fair Share Success

In today's evolving landscape of workspace preferences, small businesses encounter a plethora of options when seeking....

Truth Social's Rollercoaster Debut Month in Trading

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

Senate Grills Boeing on Safety Culture in Dual Hearings

An engineer at Boeing raised concerns about the company's rush to increase production, warning that it....

MTY Food Group Sees Q1 Profits, Revenue Drop

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

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....

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....

Exploring Factors Behind Slowing EV Sales Growth

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

"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....