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Wall Street got pulled in opposite directions as President Donald Trump’s latest tariff escalation created winners and losers among auto stocks, while better-than-expected data on the economy helped support the market.
Strength in the telecommunication sector helped Canada’s main stock index climb higher in the late-morning trading, while U.S. stock markets were mixed.
Lululemon Athletica Inc. delivered a gloomy outlook for the year ahead amid slow sales for the yogawear brand in the U.S.
Canadian heavy crude is trading at the smallest discount to benchmark U.S. oil in almost four years after a rush of sales to beat tariffs drained the country’s inventories.
As shares of Elon Musk’s Tesla Inc. rally on Thursday, the jump in the size of the company dwarfed the decline in the value of its U.S. rivals as the stocks responded to President Donald Trump’s latest tariff announcements.
Traders who’d bet on sharp swings in the US$7.5 trillion-a-day foreign-exchange market surrounding Donald Trump’s last two tariff deadlines are taking a new approach as the U.S. president vows an April 2 trade reckoning.
Investors are increasingly favouring exchange traded funds (ETFs) in favour of other investment vehicles such as mutual funds as well as direct stocks and bonds, according to one expert.
The withdrawal of a time-tested liquidity backstop offered by the U.S. Federal Reserve would represent the greatest risk to the dollar’s status as a reserve currency since the end of World War II, according to Deutsche Bank.
Experts agree shoppers should evaluate how much they can comfortably spend and then think about how staunch they want to be about shopping Canadian.
The world’s largest asset manager is betting big on a growing breed of derivatives-powered ETFs that’s shaking up the art of active portfolio management.
If your favorite coffee beans have vanished from the shelves, don’t worry - they will return soon. The bad news is they will be up to 25 per cent more expensive.
U.S. President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.
Canadian oil producers selling crude to U.S. refiners are enjoying a significant windfall, and they have one man to thank: U.S. President Donald Trump.
Bankrupt genetic testing firm 23andMe Holding Co. won permission from a judge to try to sell information about customers’ medical and ancestry-related data, a trove that is considered the most valuable asset in the insolvency case — and has become a source of privacy and safety concerns amid the company’s collapse.
Oil held a gain after U.S. crude inventories fell the most since December, signaling the prospect for near-term supply tightness.
Goldman Sachs Group Inc. ramped up its gold price forecast to $3,300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded funds.
