Daily News

Equities have yet to fully price in the risk of a recession and may have further to fall, according to Morgan Stanley and Goldman Sachs Group Inc. strategists. Although this year’s slump in US stocks has left them more fairly priced, the S&P 500 Index need...

Crypto bears who reckon the meltdown across digital currencies isn’t done yet are getting a new tool to bet on fresh declines. The ProShares Short Bitcoin Strategy ETF (ticker BITI) launches Tuesday, becoming the first inverse exchange-traded fund in the U...

US equities rebounded Tuesday after last week’s rout erased nearly US$2 trillion from the S&P 500. Treasuries retreated. The S&P 500 added 2.4 per cent, led by energy and consumer discretionary shares, while the tech-heavy Nasdaq 100 surged 2.5 per cent fo...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds  MARKET OUTLOOK: The high level of inflation has lasted longer than anticipated, resulting in aggressive rate hikes by the Federal Reserve...

The Bank of Canada announced today that Deputy Governor Timothy Lane will retire on September 16, 2022. Mr. Lane joined the Bank in August 2008 as an Advisor to the...

It's much too expensive to retire right now, older Canadians say Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

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...