Daily News

20,000 cars on the block amid weak demand, high repair costsHertz Global Holdings Inc. plans to sell a third of its United States electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options...

Canadians appear to be riding a wave of optimism in latest Maru household pollCanadians appear to be riding a wave of optimism about the national economy and their personal financial prospects, according to latest results of an ongoing survey tracking househ...

Rapid population growth causing economic damage and needs to be reconsideredCanada’s current immigration policy — among the most open in the world — is now causing economic damage and needs to be reconsidered, according to the country’s top economists....

  Treasuries fell and big-tech fueled gains in stocks, with investors awaiting Thursday’s inflation data for clues on the outlook for Federal Reserve policy. U.S. 10-year yields topped 4 per cent after briefly falling below that mark. The S&P 500 extend...

Aritzia Inc. reported its net income dropped by roughly 39 per cent to $43.1 million in its most recent quarter but its net revenue edged up by almost five per cent. The Vancouver-based apparel retailer says its third-quarter results compared with a net in...

Canada's main stock index eked out a gain Wednesday, weighed down by weakness in energy and metals, while U.S. markets rose. The S&P/TSX Composite Index closed up 18.44 points, or 0.09 per cent, at 20,989.42. In New York, the Dow Jones Industrial Averag...

Cryptocurrency stakeholders say a pending decision in the U.S. regarding Bitcoin investments would open the doors to more traditional investors. Wednesday marks the deadline for the U.S. Securities and Exchange Commission (SEC) to decide whether to approve...

U.S. regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly US$1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street a...

David Dodge and John Manley, who helped steer this country back to safety, say U.S. must act fast, even if it’s politically risky Get the latest from Barbara Shecter straight to your inbox Sign Up Two former heavyweights in Canadian politics say the U...

Big bank CEOs confident rate hikes won’t crush customers or lead to wave of defaultsWith about 14 per cent of Canadians with mortgages set to renew their loans this year, the chief executives of the country’s big banks say they’re confident the resulting int...