4 h. ago S&P/TSX composite index down, U.S. markets mixed on weakening economic data

TORONTO — Canada’s main stock index closed down Wednesday while U.S. markets were mixed as economic data showed signs of weakness on both sides of the border. Statistics Canada reported that the Canadian economy shrunk 0.2 per cent in February, though economists said harsh winter weather could be more to blame than tariff issues. In […]

Other

5 h. ago Stock markets drop on news that U.S. economy shrank amid tariffs

Such data raises the threat of a worst-case scenario called 'stagflation,' one where the economy stagnates yet inflation remains high.

Economics

9 h. ago Old wisdom of ‘sell in May’ back in focus as stock market churns

Investors use seasonality as one of many factors to assess equities' behaviour in the face of Trump tariff unpredictability

Economics

9 h. ago Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

WASHINGTON (AP) — President Donald Trump got worrisome news on Wednesday about how the U.S. economy is battening down for potential fallout from his tariffs — and he was quick to try to pin the blame on his Democratic predecessor, Joe Biden. The government reported that the U.S. economy shrank at an annual rate of […]

Politics

11 h. ago U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs. The January-March […]

Economics

19 h. ago US Stock Futures Drop With Tech Earnings in Focus: Markets Wrap

A six-day rally in US stocks looks set to pause as equity-index futures declined following disappointing earnings from Super Micro Computer Inc. and as more companies withdraw their guidance.

Economics

19 h. ago Stocks Are Mixed in Buildup to Big Tech Earnings: Markets Wrap

European stocks rose, while US futures slipped as tariff turmoil threw up a mixed impact on company earnings and as investors looked ahead to key US economic data.

Economics

28 h. ago S&P/TSX composite index closes higher, along with U.S. stock markets

TORONTO — Canada’s main stock index closed up along with U.S. markets Tuesday as investors saw reason for optimism on the trade front. The S&P/TSX composite index was trading down earlier in the day and U.S. markets were mixed, but that shifted as U.S. Commerce Secretary Howard Lutnick said the country had reached a trade […]

Economics

51 h. ago NDP drop in polls could trigger changes in Manitoba seat holdings, analyst says

Some urban seats in Manitoba could see tight races as voting wraps up Monday for the federal election, a political analyst says.

Other

3 d. ago Trump Promised a Markets Boom. 100 Days In, Stocks Have Only Seen Damage

Donald Trump promised Americans a “boom like no other” if they elected him president. But based on the stock market’s performance during his first 100 days in office, it depends on what you mean by “boom.”

Economics

6 d. ago S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

TORONTO — Canada’s main stock index rose more than 250 points in a broad-based rally led by base metals, while U.S. stock markets also climbed to close out a third straight day of gains. The S&P/TSX composite index closed up 254.85 points, or just over one per cent, at 24,727.53. In New York, the Dow […]

Economics

7 d. ago S&P/TSX composite rises Wednesday, U.S. markets also up on China trade hopes

TORONTO — Canada’s main stock index and U.S. markets pared back earlier gains but still ended the day up as investors took in the latest comments from U.S. President Donald Trump and the White House. Trump said late Tuesday he would not attempt to fire the head of the U.S. Federal Reserve, after previously calling […]

Economics

7 d. ago Canadian and U.S. stock markets soar in early trading after Trump comments

Markets also reacted to comments from the U.S. Treasury Secretary who said the ongoing tariffs showdown with China is unsustainable

Economics

7 d. ago Markets see gains after Trump says he won’t try to fire Fed chair

Stock markets on Wall Street and worldwide started the trading day on solid ground after Trump walked back comments about trying to fire Fed Chair Jerome Powell over interest rates

Events

7 d. ago Canadian and U.S. stock markets soar in trading after Trump comments

Stock markets in Canada and the U.S. soared in early trading after U.S. President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Trump said Tuesday he had no intention of firing Jerome Powell. The U.S. president had previously insinuated otherwise as he said he could fire Powell if […]

Economics

8 d. ago Trump says he has ’no intention’ of firing Federal Reserve chair Powell

WASHINGTON  — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff.  “I have no intention of firing him,” Trump told reporters.  The U.S. president had […]

Other

8 d. ago S&P/TSX composite up almost 300 points, U.S. stock markets also post gains

TORONTO — Canada’s main stock index rose almost 300 points Tuesday on strength in energy, financials and base metals, while U.S. stock markets also climbed. Stocks rose to recover their losses from Monday in the absence of any major market-moving news, said Ryan Crowther, portfolio manager at ClearBridge Investments. “After the magnitude of yesterday’s sell-off, […]

Economics

8 d. ago Tesla sees 70% drop in Q1 profits amid backlash against Musk

The disappointing results come as the company is fighting a backlash due to Elon Musk’s leadership of a federal government jobs-cutting group that has sparked angry protests.

Other

8 d. ago Canada, U.S. stock markets rally as economic uncertainty persists

The only prediction many Wall Street strategists are willing to make is that financial markets will continue to jerk up and down as hopes rise and fall over Trump's trade policies.

Economics

8 d. ago S&P/TSX composite up more than 300 points, U.S. stock markets also post gains

Canada’s main stock index was up more than 300 points in late-morning trading, helped by gains in the energy and base metal sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 323.93 points at 24,332.79. In New York, the Dow Jones industrial average was up 827.58 points at 38,997.99. The […]

Economics