Daily News

Kevin Carmichael: The Bank of Canada is staring down the most dangerous burst of inflation since it started targeting CPI Canada’s consumer price index increased 7.7 per cent in May from a year earlier, the fastest since 1983, Statistics Canada rep...

Carolyn Rogers does not rule out 75-basis-point hike in July The Bank of Canada’s senior deputy governor said inflation is keeping the central bankers “up at night” and did not rule out a three-quarter point hike after data revealed CPI has hit a n...

US index futures staged a rebound on Monday along with stocks in Europe as investors weighed whether last week’s selloff had gone far enough to price in concerns about rising rates and slowing growth. S&P 500 contracts advanced about 1.1 per cent after the...

Cryptocurrencies showed tentative signs of recovering from last week’s rout, with tokens like Avalanche gaining and Bitcoin holding above US$20,000. Avalanche advanced as much as 9.7 per cent, leading gains among altcoins like Chainlink, Polkadot and Polyg...

Some of Canada’s most well-known names in the fast-food world could be buying opportunities as they regain their footing post-pandemic, according to one portfolio manager. Jean-François Tardif, the founder and portfolio manager at Timelo Investment Managem...

Two top Canadian investment bankers predict that this year’s dearth of initial public offerings and other share sales will persist until central banks show progress fighting inflation and quelling market volatility. Concerns that runaway inflation will pro...

Teal Linde, manager, Linde Equity Fund FOCUS: North American mid and large-cap stocks MARKET OUTLOOK: Our year-end 2021 outlook stated some reasons why we were doubtful that the S&P 500 could deliver a fourth consecutive year of 15 per cent-plus re...

Suggests rising interest rates, inflation, slumping consumer confidence yet to impact household spending in major way Canadians continued to show a willingness to spend, according to retail sales data out on Tuesday, even as accelerating inflation...

For now, however, the finance minister said she thinks she's done enough Finance Minister Chrystia Freeland said the federal government is prepared to take additional steps to offset the rising cost of living if inflation continues to accelerate....

US stocks rallied Friday as sentiment improved after traders parsed comments from Federal Reserve officials who reiterated that the central bank needs to do more to curb the hottest inflation in 40 years.  While the S&P 500 rose on Friday, it still closed...