Daily News

Source: BNN Bloomberg February 23, 2023

U.S. stocks get no respite as traders amp up Fed wagers

The stock market got little encouragement to sustain its rebound after the Federal Reserve signaled that interest rates will continue moving higher amid ongoing inflation concerns. It’s not like the minutes from the latest Fed gathering brought a great dea...

Source: BNN Bloomberg February 23, 2023

Opportunities in U.S. mid-cap and regional banks: Hot picks from David Chiaverini

While several of the big Canadian banks are set to report earnings next week, one investor said money managers should be looking for opportunities in U.S. mid-cap and regional banks. In an interview with BNN Bloomberg on Wednesday, David Chiaverini, managi...

Source: BNN Bloomberg February 23, 2023

TSX recap: Index closes down following Tuesday's slide

Canada's main stock index edged lower Wednesday following Tuesday's slide, while U.S. markets were mixed. The S&P/TSX composite index closed down 59.31 points, or 0.29 per cent, at 20,193.33. In New York, the Dow Jones Industrial Average was down 84.50...

Source: Financialpost February 23, 2023

Terence Corcoran: Property rights? No way, man. This is Canada!

Toronto's vacant homes tax latest in a string of similar penalties imposed by different levels of government With just days before the City of Toronto’s property control regime moved in to impose a fine for non-compliance I formally filed my de...

Source: Financialpost February 23, 2023

The world's biggest miner is ready to plant more flags in 'highly desirable' Canada

Series of investments suggests BHP may be open to building a battery metals empire in Canada A little over a year ago, Melbourne-based BHP Group Ltd., the world’s largest miner, bowed out of the highly publicized bidding war with Australian bil...

Source: Financialpost February 23, 2023

How immigration and an aging population will affect Canada's housing market

Episode 183 of Down to Business podcast What’s going to happen to home prices in Canada? REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one...

Economy Source: Financialpost February 23, 2023

Foreign-trained doctors 6 times more likely to work outside field than other immigrants: RBC

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Ottawa's approach...

Source: BNN Bloomberg February 22, 2023

Investors flocking to energy transition, TSX Venture 50 list shows

The latest edition of the TSX Venture 50 list shows investors are increasingly snapping up stocks with any sort of energy transition theme. Everything from lithium to hydrogen to solar power has a presence on the list of top performers on Canada's main ven...

Source: BNN Bloomberg February 22, 2023

Investing in artificial intelligence stocks: Hot picks from Pedro Palandrani

Artificial intelligence stocks have outperformed the markets so far in 2023, and one investment professional says the demand for this technology is only the rise. Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Pedro Palandrani, vice-president and d...

Source: BNN Bloomberg February 22, 2023

Dow Average's 2023 rally evaporates in rate reset

A renewed surge in Treasury yields took the wind out of the stock market, with geopolitical tensions and dire forecasts from bellwethers Walmart Inc. and Home Depot Inc. also souring investors’ mood. Wall Street’s growing fears that the Federal Reserve is...