Daily News

2022 'very different picture' for freight carrier Cargojet Inc. chief executive Ajay Virmani said fuel prices and labour challenges suggest a recession is looming. We apologize, but this video has failed to load. Try refres...

US stocks posted the biggest daily drop in almost two years as investors assess the impact of higher prices on earnings and prospects for monetary policy tightening on economic growth. The dollar and Treasuries gained amid a pickup in haven bids. The sello...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: Five months into 2022, market participants agree the world’s stock markets are in a bear market, with the broad market indices down either...

Investors are piling into cash as the outlook for global growth plunges to an all-time low and stagflation worries mount, according to a Bank of America Corp. fund manager survey that points to continued stock market declines. Cash levels among investors h...

Elon Musk declared he won’t proceed with his US$44 billion takeover of Twitter Inc. unless the social media giant can prove bots make up fewer than 5 per cent of its users, casting yet more uncertainty over the deal. The billionaire tweeted “this deal cann...

U.S. stocks regained session highs as investors weighed comments from U.S. Federal Reserve Chair Jerome Powell on the outlook for higher interest rates. Short-term Treasuries underperformed, extending a flattening in the yield curve. The S&P 500 rose to th...

Christine Poole, CEO and managing director at GlobeInvest Capital Management FOCUS: North American large-cap stocks MARKET OUTLOOK: Equity markets are recalibrating to higher interest rates and valuation multiples are compressing. Inflationary pres...

Amid persistent supply chain problems that has ravaged many industrial firms, it might be worth considering investing in companies such as NFI Group Inc. and Cascades Inc. once there’s visibility on when those manufacturing issues could start easing, accordin...

Teal Linde, manager, Linde Equity Fund FOCUS: North American mid and large-cap stocks MARKET OUTLOOK: Through the latter half of 2020 and all of 2021, investors were amazed by the resilience of the rising stock market despite being in the midst of...

A selloff in cryptocurrencies resumed Monday, with Bitcoin dropping back below US$30,000 with global equity markets remaining under pressure.  The largest cryptocurrency fell as much as 6.2 per cent and was trading at US$29,835 as of 4:54 p.m. in New York....