Daily News

Source: BNN Bloomberg September 26, 2023

U.S. bonds sink, S&P 500 snaps 4-day losing streak

U.S. government bonds fell while stocks ended the day higher as traders speculated central banks will keep interest rates elevated to quell inflation. A gauge of U.S. dollar strength hit its highest level this year.  A bond selloff extended into a fourth w...

Commodities Source: BNN Bloomberg September 26, 2023

Energy market facing 'strongest fundamentals' in two decades: Eric Nuttall

One prominent oil investor says the commodity has some of the strongest tailwinds in recent decades, but lagging energy stocks don’t tell that story.   Eric Nuttall told BNN Bloomberg on Monday that the past few years have been good for energy investors, b...

Source: Financialpost September 26, 2023

Saudi Arabia moves step closer to achieving nuclear power

Tells international inspectors they’ll have wider access to facilities Saudi Arabia took a key step toward advancing its nascent nuclear power program, telling international inspectors they’ll have wider access to facilities in order to account...

Source: Financialpost September 26, 2023

Narrow support for Unifor-Ford deal may leave GM, Stellantis workers wanting more

Union members vote 54 per cent in favour of new collective agreement TORONTO — The narrow vote of support by Unifor members for the proposed contract with Ford Motor Co. has experts saying that reaching deals with General Motors Co. and Stellan...

Source: Financialpost September 26, 2023

Today's news: Regulator rules in favour of Trans Mountain route deviation

The latest business news as it happens Today’s top stories We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Today's news: Regulator rules in fa...

Source: Financialpost September 26, 2023

Posthaste: These two provinces will struggle with the lowest growth in Canada, economists say

Can you guess which province will lead growth? We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These two provinces will struggle wi...

Source: Financialpost September 25, 2023

Posthaste: Canadians cutting back to cope with inflation, but say some sacrifices go too far

Almost all are holding onto big ambitions like getting married, buying a first home or having a child, survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Source: BNN Bloomberg September 23, 2023

Treasuries halt Fed-fueled rout as U.S. stocks struggle

Treasuries rebounded and stocks struggled at the end of a jittery week that saw investors positioning for a higher-for-longer Federal Reserve stance. Ten-year yields dropped after briefly topping 4.5 per cent for the first time since 2007. The S&P 500 notc...

Market Call Source: BNN Bloomberg September 23, 2023

Gordon Reid's Top Picks: September 22, 2023

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities  MARKET OUTLOOK: As we begin to exit the seasonably weak late summer period, markets appear poised to rally into year-end. The August to September correction, albeit m...

Source: BNN Bloomberg September 23, 2023

The Week Ahead: employment and GDP data due

Monday, Sept. 25 Notable earnings: Thor Industries Notable guests: Edward Morse, global head of commodity research, Citi Group Tuesday, Sept. 26 Notable data: S&P CoreLogic Case-Shiller Home Price Index (July), U.S. FHFA House Price Index (...