Daily News

At times this week, not even a crystal ball into the economy would’ve helped foretell the stock market’s return. Red-hot consumer prices? Stocks rallied violently, adding 5 per cent in a flash. In the end, though, the direction of the drift was all too pre...

U.K. pension funds are dumping assets to meet margin calls as the BOE confirmed it will end emergency bond buying, and the reverberations are being felt everywhere from Sydney to Frankfurt and New York.  In the US, investment-grade corporate bonds are fall...

A closely watched measure of U.S. consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. The core consumer price index, whi...

Canada’s main stock index was up more than 400 points after a tumble right out of the gate, while U.S. stock markets also recovered significantly from the dip.  The S&P/TSX Composite Index was up 407.35 points, or 2.24 per cent, at 18,613.63. In New Yor...

U.S. stocks roared back from losses sparked by a hot inflation reading on speculation the yearlong selloff had potentially reached a bottom.  The S&P 500 closed up 2.6 per cent after swinging more than 5 per cent during a wild trading day. The benchmark cl...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: The equity markets are exiting what has historically been the weakest three-month period of the year and entering what has historically be...

Insider says he has never seen the market so soft Nervous investors looking to offload their pre-construction condos in the secondary market may find themselves out of luck, industry watchers say, as a softening real estate market and rising in...

'The curse of oil is real, and so is the dependence of many of the world’s democracies on the world’s petro-tyrants' Canada will have to fast-track energy and mining projects if it is to help its democratic allies and achieve its own net-zero a...

James Bullard’s inflation epiphany came when he tried to buy a bicycle.  It was March 2021, and the Federal Reserve Bank of St. Louis president couldn’t find the model he wanted in the local store, which was 90 per cent empty. So he ordered online -- only...

U.S. stocks fell with investors bracing for Thursday’s reading on consumer prices. Treasuries gained, while U.K. markets were roiled once again by confusion over the country’s policies. The S&P 500 slipped into the red in the final minutes of trading, capp...