Daily News

The Financial Conduct Authority and Bank of England will undertake reviews into the governance, market oversight and risk management of the London Metal Exchange after a massive short squeeze led to weeks of turmoil that paralyzed the nickel market. The LM...

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called for ratcheting up sanctions against Russia in response to its invasion of Ukraine and said the Federal Reserve may ultimately raise interest rates more than the market expects. The U.S. should...

Elon Musk took a 9.2 per cent stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. Twitter shares surged as much as 26 per cent after Musk’s purchase was revealed Monday in a ...

Ross Healy, chairman of Strategic Analysis Corporation and portfolio manager at MacNicol and Associates Asset Management FOCUS: North American large cap stocks MARKET OUTLOOK: On February 17, I stated on BNN Bloomberg that we had no indication at a...

U.S. equities and bonds fell as traders weighed hawkish Federal Reserve commentary and a new round of potential sanctions on Russia, ratcheting up global tensions over Moscow’s invasion of Ukraine. The S&P 500 declined, led by losses in technology and cons...

Andrew Pyle, investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities MARKET OUTLOOK: We can’t compare the current environment to two years ago, but in some respects, investors are facing a similar level of anxiety w...

A difficult start to 2022 that’s been mired in uncertainty doesn’t mean an ugly outcome is waiting for Wall Street at the end of the year. It just means that investors may need to rebalance their portfolios toward value. That’s the word from Tony DeSpirito...

Stocks and long-dated Treasuries maintained losses after minutes from the latest Federal Reserve meeting showed officials were laser focused on tamping down inflation. The S&P 500 ended trading 1 per cent lower while the tech-heavy Nasdaq 100 shed 2.2 per...

Money-market traders are betting the Federal Reserve is heading for its most aggressive monetary-policy tightening in almost three decades as it fights a commodity-driven inflation spike. They are pricing in a further 225 basis points of interest-rate hike...

Wealthsimple is aiming to bring the world of venture capital and growth equity to retail investors. The financial services company announced on Wednesday that it has partnered with Washington, D.C.-based alternative asset firm Accolade Partners on the new...