Daily News

During his freshman year of college in 1996, Jordan Geller spent the money his parents  gave him for living expenses on a pair of sneakers – the highly coveted and newly released Air Jordan 11 OG 'Bred' shoes. “I was 23 when I bought my first pair of Jorda...

US stocks could drop another 30 per cent if spiking energy costs spark an economic contraction, according to Evercore ISI strategist Julian Emanuel.  Emanuel revised his 2022 target for the S&P 500 index to 4,300 from 4,800 but also outlined a more bearish...

Varun Anand, vice president and senior portfolio manager, Starlight Capital FOCUS: Global infrastructure stocks MARKET OUTLOOK: Ongoing geopolitical uncertainty combined with elevated inflation has resulted in surging commodity prices and has left...

US stocks fell for a second day with growth concerns in focus after Europe’s central bank became the latest to signal restrictive policies to combat inflation. The dollar gained and Treasury yields rose. Selling accelerated in the last hour of trading, wit...

Canada unexpectedly canceled an ultra-long bond issuance, potentially terminating the maturity as a surge in revenue reduces the government’s borrowing needs. The Bank of Canada said Thursday that an auction of 2064 bonds on June 16 won’t happen, just as t...

A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In the Financial System Review, the B...

Kevin Carmichael: If inflation wasn't so troubling, we'd be talking about the strongest labour market in memory Canadian employers added 40,000 jobs in May, and the jobless rate dropped to 5.1 per cent. Here’s what you need to know about such remar...

US stocks fell after a two-day rally and oil continued its relentless rise, fueling worries about inflation and measures by central banks to contain it. The S&P 500 ended near session lows, with all but one of the 11 major sectors in the red. The tech-heav...

When the COVID-19 pandemic struck and many abandoned in-person shopping and dining out, brick-and-mortar retail became one of the most undesirable assets in Canada. But now, as many Canadians no longer fear congregating and vaccine passports have been drop...

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Financial markets are roiled by the possibility of a recession caused by the actions of the Federal Reserve to control inflation. No one has a crystal...