Daily News

US stocks entered a bear market, Treasury yields spiked to levels not seen in a decade and the dollar rallied as the fallout from a hot inflation reading continued to rattle global trading already shaken by worries the Federal Reserve will plunge the economy...

Among the cavalcade of challenges facing corporate America, from historically high inflation to the lingering effects of the pandemic, a familiar lament is beginning to dominate C-suite conversations once again: the meteoric ascent of the dollar. Microsoft...

The TSX composite sold off by 2.63 per cent on Monday to close at 19,742.56 points, bringing the Canadian index into correction territory -- meaning it’s down 10 per cent from its all-time high earlier this year. All 11 subgroups closed lower, led by healt...

Even after this year’s rapid selloff, equities are still not fully reflecting the vast risks facing corporate earnings and weaker consumer demand, according to strategists at Morgan Stanley and Goldman Sachs Group Inc. “The Equity Risk Premium does not ref...

Ross Healy, chairman, Strategic Analysis Corporation; portfolio manager, MacNicol and Associates Asset Management FOCUS: North American large-cap stocks MARKET OUTLOOK: We very recently entered a confirmed bear market in the U.S. While the Nasdaq h...

OTTAWA — The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy. Ms...

The cost of getting out of Canada hasn't been this expensive in years, yet Canadians appear willing to pay the price The cost of getting out of Canada hasn’t been this expensive in years, yet Canadians appear willing to pay the price....

All of a sudden, the market’s back in “good-news-is-bad-news” mode. Any positive readings on the economy, particularly those on employment and inflation, can be interpreted as signals that the Federal Reserve will have to stay aggressive with its rate hiking...

US stocks tumbled the most in three weeks and Treasury yields spiked higher after an unexpectedly hot reading in consumer prices fueled bets the Federal Reserve will have to step up its battle against inflation. The S&P 500 fell 2.9 per cent, closing out t...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks MARKET OUTLOOK: The first stage of the sell-off in stocks (which took the S&P 500 down 20 per cent and the Nasdaq almost 30 per cent) was almost entire...