Daily News

OTTAWA — The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy. Ms...

The cost of getting out of Canada hasn't been this expensive in years, yet Canadians appear willing to pay the price The cost of getting out of Canada hasn’t been this expensive in years, yet Canadians appear willing to pay the price....

All of a sudden, the market’s back in “good-news-is-bad-news” mode. Any positive readings on the economy, particularly those on employment and inflation, can be interpreted as signals that the Federal Reserve will have to stay aggressive with its rate hiking...

US stocks tumbled the most in three weeks and Treasury yields spiked higher after an unexpectedly hot reading in consumer prices fueled bets the Federal Reserve will have to step up its battle against inflation. The S&P 500 fell 2.9 per cent, closing out t...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks MARKET OUTLOOK: The first stage of the sell-off in stocks (which took the S&P 500 down 20 per cent and the Nasdaq almost 30 per cent) was almost entire...

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...