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Canada's main stock index closed down more than 100 points as losses in base metal, energy and technology stocks weighed on the market, while U.S. stock markets put in a mixed showing. The S&P/TSX Composite Index ended down 116.21 points, 0.57 per cent, at...

Individual investors have been pouncing on battered bank stocks, pouring money into heavyweights like Bank of America Corp., despite lingering concerns about an industry crisis after several lenders collapsed.  Net purchases of Bank of America stock this y...

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Bank has about $52 billion of variable-rate mortgages with monthly payments that aren't even covering interest Canadian Imperial Bank of Commerce chief executive Victor Dodig said the accommodations his bank is making for variable-rate mortgago...

In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin. It started with Tik...

The luxury retail sector may be battling with inflation risks, but one analyst says consumer savings and a younger clientele should contribute to its reliance. In an interview with BNN Bloomberg’s Amber Kanwar on Tuesday, Oliver Chen, senior research analy...

The stock market halted a four-day rally amid a selloff in banks. Treasuries climbed as data on job openings bolstered bets the Federal Reserve is about to wrap up its tightening campaign. A gauge of financial heavyweights like Wells Fargo & Co. and Citigr...

Hap Sneddon, founder and chief portfolio manager, CastleMoore Inc. FOCUS: Technical analysis  MARKET OUTLOOK: Markets are exhibiting some bottoming behaviour or “green shoots,” particularly in technology or growth securities, as the march of intere...

Generational wealth gap at root of contrasting experiences Millennials and immigrants are bearing the brunt of the Bank of Canada’s aggressive interest-rate hikes. But baby boomers who own their homes outright aren’t likely to be feeling the pi...

Investors are turning cautious on the TD's U.S. acquisition strategy TORONTO — Toronto-Dominion Bank should abandon or renegotiate its US$13.4-billion acquisition of U.S. lender First Horizon Corp. as the regional banking crisis has unearthed u...