Daily News

The world’s biggest bond market got hammered as a solid U.S. jobs report made traders dial back their bets on Federal Reserve rate cuts. A selloff in Treasuries drove yields up over 10 basis points, with swaps no longer pricing in a Fed reduction before De...

Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.  The Bentonville, Arkansas-based retailer is working toward e-commerce profitability in a year or two, including its advertising and consumer data b...

  Monday, June 10 Earnings: Enghouse Systems, Autodesk Tuesday, June 11 8:30 a.m. Canada Building Permits (April) U.S. FOMC Meeting begins  Earnings: Oracle Corp. Wednesday, June 12 2:00 p.m. U.S. FOMC Announcement and Summa...

Health-care payments software maker Waystar Holding Corp. priced its initial public offering at the midpoint of a marketed range to raise US$968 million in one of 2024’s biggest listings. Waystar, whose backers include EQT AB and Canada Pension Plan Invest...

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Synchronized global rate cuts have begun with Canada and the European Central Bank (ECB) reducing rates t...

Canada's main stock index fell one per cent Friday, led by industrials, utilities and base metals, while U.S. markets retreated as both countries released new information about their job markets. The S&P/TSX composite index closed down 222.10 points at 22,...

All the job gains were part-time, while full-time jobs fell Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s unemployment rate ticked up to 6.2 per cent in May despite adding 27,000 jobs, as economists continue to wager on whet...

Competition has taken on a Squid Game vibe, as pressure rises to make EVs affordable and attract buyersThe automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for U.S. car b...

Watch Leah Zlatkin on how the rate cut will affect the housing market and mortgagesLeah Zlatkin, mortgage broker and Lowest Rates expert, talks to the Financial Post’s Larysa Harapyn about how the Bank of Canada’s interest rate cut will affect mortgages and...

Inflation is finally getting back under control but voters are still angry about the steep hikes in many prices over the past four yearsGovernments and central banks are clearly winning the war against inflation, which is falling in most countries. Yet the h...