Daily News

The crypto industry is closer to another landmark after the U.S. Securities and Exchange Commission paved the way for the eventual launch of the first U.S. exchange-traded funds investing directly in the Ether token. In a step deemed unlikely as recently a...

Foreign investment into China slowed for a fourth straight month in April, underscoring Beijing’s struggle to attract more overseas funds to boost its flagging economic growth. New actually utilized foreign investment into China was 58.5 billion yuan (US$8...

Ryan Bushell, president and portfolio manager, Newhaven Asset Management FOCUS: Canadian dividend stocks MARKET OUTLOOK: Newhaven portfolios are now outperforming the S&P/TSX Composite Index on the year as the narrative surrounding power demand gro...

A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s concerns around the outlook for the activewear company just ahead of its earnings report.  Shares slumped 9.5 per cen...

GameStop Corp. shares rallied in late trading after the retail trader favorite announced it brought in nearly US$1 billion from a share sale program. The video-game retailer capitalized on a flurry of trading earlier this month by selling 45 million shares...

Stocks rose after data showed American consumers tempered inflation expectations, bolstering sentiment regarding prospects for Federal Reserve rate-cuts this year. The S&P 500 rebounded after a two-day slide. When traders come back from the holiday weekend...

Monday, May 27 U.S. markets closed for holiday Earnings: CAE Inc. Tuesday, May 28 8:30 a.m. Canada Industrial Product and Raw Materials Price Indices (April) Gildan Activewear annual meeting, incl. shareholder votes Earnings: Bank of No...

Glenn Chamandy is officially back as the chief executive of Gildan after a months-long public battle over leadership of the Montreal-based clothing company he co-founded. Chamandy was terminated last year to make way for Vince Tyra, kicking off protests by...

Losses were down from the $1.51-billion shortfall the central bank recorded last year Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada posted a narrower net loss of $934 million in the first quarter of 2024 as it c...

Almost 1.25 million Canadians will have to pay it at least once during their taxpaying lives. And it will likely hit stock prices, tooSome people never seem to learn that “history repeats itself, first as tragedy and second as farce,” as Marx wrote. That cer...