Daily News

Source: BNN Bloomberg February 08, 2023

Wall Street goes risk-on without Powell's pushback

Stock traders bracing for Jerome Powell to push back against the powerful rally that led to a loosening in financial conditions didn’t really get that, with the market finding encouragement to move higher. What the Federal Reserve’s chief said Tuesday wasn...

Source: BNN Bloomberg February 08, 2023

Opportunities in unprofitable small-cap stocks: Three hot picks from David Barr

One financial expert is going against the status quo and picking unprofitable small-cap companies he believes will pay off in the long run. Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, David Barr, chief executive officer and portfolio manager at...

Source: Financialpost February 08, 2023

Bank of Canada won't be cutting interest rates anytime soon: Tiff Macklem

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 'We are prepared...

Source: Bankofcanada February 08, 2023

Summary of Governing Council deliberations: Fixed announcement date of January 25, 2023

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 25, 2023. This summary reflects...

Source: Financialpost February 08, 2023

Posthaste: 'Seven years of feast' — why these oil and gas players are seen on the brink of a super cycle

Energy services market set to grow to $1 trillion in 2025 Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost February 08, 2023

Microsoft bakes ChatGPT-like tech into search engine Bing

REDMOND, Wash. (AP) — Microsoft is fusing ChatGPT-like technology into its search engine Bing, transforming an internet service that now trails far behind Google into a new way of communicating with artificial intelligence. We...

Source: Financialpost February 08, 2023

Edmonton's Epcor could be last hope for Arizona suburb cut off from water supply

'We have a weekly prayer group where we pray for rain and a water solution' Residents of an Arizona suburb are collecting rainwater to flush toilets and wash dishes while praying to a higher power for help after being cut off from the neighbour...

Source: Financialpost February 08, 2023

Diane Francis: Can Canada's welfare state survive Trudeau's immigration targets?

Ottawa has done a poor job finding newcomers who have the skills demanded by employers Seven years of foolish Liberal immigration policy is cratering housing, health care and the middle class in the country’s two largest cities, Toronto and Van...

Source: Financialpost February 08, 2023

Canadians now expect to need $1.7 million to retire, up 20% from 2020, BMO survey finds

Only 44% of Canadians are confident they will have enough Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Canadians b...

Source: BNN Bloomberg February 07, 2023

U.S. stock euphoria deflated with Powell as 'wild card'

Stocks gave back some of this year’s gains, with traders waiting to see if Jerome Powell will dampen the bullish reaction to his recent remarks amid bets the Federal Reserve will keep its firm grip on policy. As equities came off overbought levels, Treasur...