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13 Canadian brick-and-mortar stores to close by late June Nordstrom Inc. announced on March 2 that it will close the Canadian arm of its upscale department store business due to financial losses after almost a decade in the country, the latest...

Canada's main stock index rose almost 250 points in a broad-based rally Friday, ending the week on an upswing as Wall Street stocks also posted strong gains. The S&P/TSX Composite Index was up 244.37 points, or 1.2 per cent, at 20,581.58. In New York, t...

As industry titans call for more support in the green transition, one financial expert says investors should capitalize on this trend by looking for opportunities in the sustainable infrastructure space.   Speaking with BNN Bloomberg's Amber Kanwar on Frid...

U.S. stocks ended the week on a high note driven by speculation that the Federal Reserve won’t raise interest rates beyond peak levels already priced in. A rally in the S&P 500 Friday helped snap a three-week losing streak. The Nasdaq 100 scored its best d...

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod FOCUS: North American stocks and protection strategies MARKET OUTLOOK: A Bear would argue that inflation is sticky. Interest rates may very well need to tick highe...

A $100,000 pension today won't be worth the same a decade from now, experts warn Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on th...

Watch energy analyst Eric Nuttall defend his bullish view on oil prices for 2023 Watch: Financial Post’s Larysa Harapyn talks with Ninepoint Partners senior portfolio manager Eric Nuttall as he explains why he believes oil prices — currently st...

Some condo developers in Canada are contemplating what was once unthinkable: eliminating balconies Soaring construction costs and a new emphasis on the carbon footprints of buildings are pushing some condo developers in Canada to contemplate wh...

U.S. stocks snapped two days of losses after Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could be in a position to pause rate hikes sometime this summer. Treasury yields stayed elevated.  Traders ditched their low-convict...

Following a recent announcement that Baytex Energy Corp. signed an agreement to acquire Ranger Oil Corp., one prominent energy investor said he thinks there is widespread confusion among market participants regarding the deal. Baytex announced that it sign...