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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...

Canada's benchmark stock index finished the Tuesday trading session in the green as gains in the financial, materials and industrial subsectors offset weakness in energy stocks. The S&P/TSX Composite Index closed 89.37 points higher, or 0.44 per cent, to 2...

Foreign investors pulled the most money out of Canadian stocks in 15 years amid fears that recession would hit an equity market that’s highly sensitive to changes in the economic cycles.  They reduced their exposure by $12.6 billion (US$9.8 billion) in Jun...

Chances of a recession stand at 50%, but Conference Board says it's forecasting a soft landing Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through l...

Watch: Here's what you need to know about the latest CPI reading Statistics Canada’s consumer price index came in at 7.6 per cent in July from the same time last year, compared to 8.1 per cent in June. The Financial Post’s Stephanie Hughes breaks d...

US stocks rose for a second day in a row, with megacaps catching bids as investors digested weak data on New York manufacturing and the Chinese economy. Treasuries gained with the dollar, while commodities from oil to iron ore tumbled. The S&P 500 closed n...

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...

Mike Philbrick, chief executive officer, Resolve Asset Management FOCUS: Exchange-traded funds MARKET OUTLOOK: Inflation Shock to Growth Shock Continues Recessionary concerns intensified in the wake of weak second-quarter GDP figures for the U.S...