40 h. ago This TSX stock is up nearly 195% this year, but analysts aren’t convinced it will last

The week in stocks: Government shutdown versus stocks, are stock market bubble fears justified, and Constellation's consternation

Economics

40 h. ago Stock markets carry on amid absent U.S. jobs data, leaving Fed without its ‘compass’

TORONTO — Canada’s main stock index was up more than 300 points in a broad-based rally, while U.S. stock markets were mixed on Friday as investors carried on without U.S. jobs data. “I think the market resilience that we have seen over the past several months continues in the face of the standstill in Washington. […]

Economics

64 h. ago Markets reach new highs despite U.S. government shutdown and economic ‘data vacuum’

TORONTO — Canada’s main stock index reversed earlier losses to finish in positive territory and continue its streak of record highs, while U.S. markets also gained despite a U.S. government shutdown preventing the release of economic data. “The market’s hitting all-time new highs … we were looking for some jobless claims data today from the […]

Politics

3 d. ago Stock markets hit new highs despite U.S. economic data, government shutdown

TORONTO — Canada’s main stock index continued to reach new highs, while U.S. markets also pushed further into record territory as investors shrugged off new data on the U.S. jobs market and a government shutdown. Theresa Shutt, chief investment officer at Harbourfront Wealth Management, said markets were “clearly not slowing down” on concerns about the […]

Politics

3 d. ago LSE’s CEO Hoggett Says Bourse Is Not For Sale After Euronext Jab

London Stock Exchange Group Plc would not sell its flagship market, the chief executive officer of the bourse said — even though it could have a willing buyer in rival Euronext NV.

Economics

3 d. ago Toronto shopping and dining destination getting first restaurant

The Well in Toronto already has, more or less, anything you could want, but it’s about to welcome a groovy new nightclub concept.Big things are, seemingly, always going down at The Well ever since it officially opened in late 2023.Recent additions like Taline’s new casual concept Giragi and a Bear Steak Sandwiches location at the ever-popular Wellington Market Food Hall have only kept the lifestyle complex’s stock on the rise.Something new is on the way, though, that could quite possibly change everything.Opening later this fall on Wellington, Noyaa, from Dubai’s Tribes Hospitality Investment group, is finally bringing a much-needed dose of party atmosphere to The Well.The new nightlife destination is a first-of-its-kind for The Well, whose nighttime offerings have been limited to bowling at National or late-night drinks at Aera since its inception, but don’t worry, there will be plenty to eat, too.The nightclub doubles as a lux...

Other

3 d. ago As U.S. government shutdown begins, Wall Street braces for potential impact

Wall Street got off to a rough start Wednesday as a U.S. government shutdown begins and fresh labour market data pointed to more weakness on the job front.

Politics

4 d. ago Stock markets reverse course to a positive finish despite looming U.S. shutdown

TORONTO — Canada’s main stock index and U.S. markets finished in positive territory after reversing course from earlier declines on Tuesday, despite a looming U.S. government shutdown. John Zechner, chairman at J. Zechner Associates, noted it was the last day of the quarter, when markets tend to “quiet down a little bit” as some investors […]

Economics

4 d. ago A traders’ guide to the U.S. stock market if the government shuts down

Brace for volatility in government services, airlines and defence

Economics

9 d. ago Silver hits $45 for first time since 2011 as gold shines bright

Precious metals are on a tear as U.S. stock markets have come under pressure and investors seek safe-haven assets

Economics

1 week ago US Stock Futures Rise, Japan Debt Sale Sees Demand: Markets Wrap

US equity-index futures inched higher in Asian trading after signs of fatigue in the AI-driven rally caused two days of declines on Wall Street.

Economics

1 week ago Stock markets are in a bull market, but looming risks could derail it

Philbrick: The U.S. is in a 'very serious' race for AI dominance

Economics

1 week ago Boring tech is suddenly the hottest thing in the stock market

The wild rally in a bunch of typically quiet companies demonstrates the unrelenting demand for AI

Economics

2 w. ago Why you should ditch the jars and put your herbs and produce into cocktails instead

Summer’s embarrassment of riches is spilling over my kitchen counter — punnets of raspberries, bundles of fresh herbs, and enough garden produce to stock a farmers’ market. But I’m not frantically sterilizing Mason jars for winter preserves. I’ve discovered a far more civilized way to capture this fleeting abundance: turning it all into custom craft […]

Other

2 w. ago Why it might be time for investors to take some risk off the table

Ted Rechtshaffen: There's greater risk in investing in the stock market today than in most periods

Other

2 w. ago Ticket marketplace StubHub to see if its stock is the right price for Wall Street

NEW YORK (AP) — StubHub is set to enter the public arena Wednesday after the ticket marketplace priced its initial public offering at $23.50 per share. The company’s shares will trade on the New York Stock Exchange under the symbol “STUB.” StubHub offered just over 34 million shares and raised approximately $800 million. At the […]

Economics

2 w. ago Bank of Canada to update interest rate this week and here's what to expect

Another Bank of Canada (BoC) interest rate announcement is coming this week, and it may be promising for Canadians.Canada's central bank held its key interest rate at 2.75 per cent for the third time this year in July amid "threats of new sectoral tariffs" and "unpredictable" U.S. trade actions.The Bank of Canada has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12.Experts are predicting that the next rate cut may be coming in the crown corporation's interest rate reveal on Wednesday, Sept. 17.Ratehub.ca mortgage expert Penelope Graham says that weaker job data in Canada and the U.S. may give the Bank a compelling reason to deliver a 0.25-point rate cut this week."Evidence is mounting that tariffs are whittling economic strength, and that some stimulus will be needed in the short term," she explains. "The growing likelihood of a similar cut from the U.S. Federal Reserve also prov...

Other

3 w. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

3 w. ago S&P/TSX composite declines ahead of rate decisions next week, U.S. markets mixed

TORONTO — Broad-based losses drove Canada’s main stock index to close lower on Friday, while U.S. markets were mixed ahead of key rate decisions next week from the U.S. Federal Reserve and the Bank of Canada. Dustin Reid, chief strategist for fixed income at Mackenzie Investments, said Friday’s trading session was a “bit of a […]

Other

3 w. ago Asia Joins Global Equity Rally After US Inflation: Markets Wrap

Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week.

Economics