Daily News

U.S. stocks fell for a second day in a row amid a spike in Treasury yields after surprisingly strong private hiring data. Traders are preparing for Friday payroll numbers to gauge the Federal Reserve’s next move. The S&P 500 and Nasdaq 100 benchmarks both...

Canada's main stock index was down almost 300 points in a broad-based decline, while U.S. stock markets also fell. The S&P/TSX Composite Index was down 293.20 points, or 1.46 per cent, at 19,810.69. In New York, the Dow Jones Industrial Average was down...

Area critical to transport of 20 per cent of world's crude oil DUBAI, United Arab Emirates — Iran tried to seize two oil tankers near the strategic Strait of Hormuz early July 5, firing shots at one of them, the U.S. Navy said. THIS CON...

Project will sequester 75,000 tons of carbon per year and generate certified carbon credits A group of Canadian and French companies will build a $80 million plant in Quebec to turn forestry waste into biochar, a black substance which can store...

Policymakers are misreading the tea leaves on impact of interest rate hikes so far, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

If businesses or unions are “gouging,” competitors will punish them NDP Leader Jagmeet Singh says Canada needs an excess profits tax to help reduce inflation. His argument seems to be that if you let grocery chains and others know they won’t pr...

Data suggest exports may no longer be bright spot in the economy Canada’s merchandise trade balance unexpectedly recorded its largest deficit since October 2020, in large part due to lower energy prices. THIS CONTENT IS RESERVED FOR SUB...

Stock and credit markets in the developed world appear to be out of sync with economic fundamentals, one global market strategist is warning.    The equity and bond markets are not pricing in the very elevated risk of a recession that is likely to begin in t...

Shane Obata, portfolio manager, Middlefield Capital FOCUS: Global large-cap stocks  MARKET OUTLOOK: It was a great first half for the tech bulls, with the Nasdaq 100 rising around 39 per cent for its best start to a year ever (with data going back...

Yields on U.S. Treasuries climbed while stocks slipped as traders digested commentary from Federal Reserve officials’ last meeting. The S&P 500 fell 0.2 per cent following the release of the minutes of the Fed’s June meeting which indicated hawkish leaning...