Daily News

Source: BNN Bloomberg February 13, 2024

Markets today: S&P 500 rally hits a wall in run-up to CPI report

Wall Street kicked off the week with small moves in stocks, bonds and the dollar ahead of inflation figures that will help define the scope and timing of Federal Reserve rate cuts. Less than 24 hours before the consumer price index, the S&P 500 wavered. Wh...

Source: Financialpost February 13, 2024

CRTC asked to tear down Rogers' 'bulk agreements' with condo developers

Independent telecom Beanfield says the deals 'effectively eliminate end-user choice' and limit competitionTORONTO — Independent telecommunications provider Beanfield Metroconnect is asking the industry regulator to outlaw arrangements between carriers and de...

Source: Financialpost February 13, 2024

Tesla collapse has investors wondering if it’s still magnificent

Tesla is by far the worst performer in the Magnificent Seven index this yearIf you’re building a list of the most important stocks in the market, Tesla Inc. has to be on it. Or does it? We apologize, but this video has failed to load. Try refreshing y...

Source: Financialpost February 13, 2024

Posthaste: Suddenly, economists are pushing back forecasts for the Bank of Canada's first rate cut

Central bank seen cutting later and less after this data We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Suddenly, economists are pushing back forecasts for the B...

Source: Financialpost February 12, 2024

The RRSP contribution deadline is almost here and it offers this group a critical opportunity

Here's how small business owners can make the most of RRSPs, both now and in future yearsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this pa...

Source: Financialpost February 12, 2024

Housing market headed for another soft patch: Desjardins

Watch: Market to feel effects of high interest rates this spring, Marc Desormeaux saysMarc Desormeaux, principal economist at Desjardins Group talks with the Financial Post’s Larysa Harapyn about the Canadian housing market. We apologize, but this vid...

Source: Financialpost February 11, 2024

Condo market faces 'significant slowdown'

Watch: High interest rates and affordability challenges hitting condos, Urbanation's Shaun Hildebrand saysShaun Hildebrand, president of Urbanation Inc., talks with the Financial Post’s Larysa Harapyn about the state of the Canadian condo market. We a...

Market Call Source: BNN Bloomberg February 10, 2024

Darren Sissons' Top Picks: February 9, 2024

Darren Sissons, partner and portfolio manager, Campbell, Lee & Ross Investment Management FOCUS: Global and technology stocks  MARKET OUTLOOK: Equity markets are rallying, based on the pricing-in of significant interest rate cuts, which is then tri...

Source: BNN Bloomberg February 10, 2024

The Week Ahead: CREA housing data; U.S. inflation data

Monday Feb. 12 Earnings: Avis, Goodyear, PrairieSky Royalty, Andrew Peller Tuesday Feb. 13 U.S. CPI data for January Earnings: Restaurant Brands International, Coca-Cola, Hydro One, Hasbro, Canadian Tire REIT, RioCan REIT, H&R REIT, Dream I...

Source: BNN Bloomberg February 10, 2024

Markets today: U.S. stock mania rages on as S&P 500 closes above 5,000

Wall Street notched a milestone, with the S&P 500 topping 5,000 amid a renewed rally in big tech and hopes the Federal Reserve will soon be able to cut rates — bolstering the outlook for corporate profits. Just as Americans get ready for football’s biggest...