Daily News

A reduction in child-care fees isn't big enough to offset surging fuel, food and shelter costs Prime Minister Justin Trudeau’s overhaul of child care appears to be delivering on its promise to lower costs, providing a rare source of disinflation am...

US stocks fell for the first time in four days as investors assessed the outlook for the path of interest-rate hikes after minutes from the Federal Reserve’s last meeting noted officials saw risks from tightening more than necessary.  The S&P 500 Index end...

Canada’s benchmark stock index was under pressure Wednesday as materials, financial and tech equities weighed. The S&P/TSX Composite Index closed down 88.52 points, or 0.44 per cent, to 20,181.44. Shopify Inc., TC Energy Corp. and Agnico Eagle Mines Ltd...

Chris Blumas, portfolio manager, Raymond James Investment Counsel FOCUS: North American large caps  MARKET OUTLOOK: It’s been a roller coaster ride for investors so far in 2022. Equity markets sold off at the start of the year and have rebounded so...

Canada's benchmark stock index closed in positive territory Monday as falling crude oil prices weighed on the energy sector. At 4:05 p.m. EDT, the S&P/TSX Composite Index gained 0.79 points, to 20,180.60. The TSX energy and materials subgroups were the...

US stocks closed higher following a sudden pullback in tech shares, with investors assessing the latest round of upbeat earnings against a backdrop of growing concerns over slowing growth and rising borrowing costs. The S&P 500 managed to post modest gains...

Investors are pulling back from their record pessimism about stocks amid speculation that inflation has peaked, marking a break in the “apocalyptically bearish” sentiment that had been gripping markets, Bank of America Corp.’s monthly fund manager survey show...

Carnival Corp. shares rose as much as 4.1 per cent after the cruise company’s flagship division reported a surge in bookings following the lifting of some COVID-19 restrictions. Carnival Cruise Line said bookings on Monday were “nearly double” the level fo...

Gordon Reid, president and chief executive officer, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Market sentiment is improving and with it, U.S. equity prices are rising. But stepping back, not much is changing with respect to t...

Ontario Teachers' Pension Plan Board says it earned a total-fund net return of 1.2 per cent for the first half of this year. Ontario Teachers' chief executive Jo Taylor says the result for the six-month period came during a tumultuous time for global marke...