Daily News

Share exchange values the Edmonton-based lender at approximately $5 billionMONTREAL — National Bank of Canada says it is purchasing Canadian Western Bank in a share exchange that values the Edmonton-based lender at approximately $5 billion. We apologize,...

Investors remain too optimistic about the timing of a U.S. Federal Reserve interest-rate cut, according to RBC Capital Markets strategists, who see the risk of an eight per cent slump in U.S. stocks if easing fails to materialize this year. The team led by...

Stocks eked out gains in a cautious session that saw investors positioning for the Federal Reserve decision and key inflation data. Apple Inc. slid even after unveiling new artificial-intelligence features. As traders braced for volatility ahead of U.S. ma...

Rebecca Teltscher, portfolio manager, Newhaven Asset Management FOCUS: Canadian dividend stocks  MARKET OUTLOOK: Our portfolio has remained extremely conservative and defensive despite market optimism this year. We are extremely cautious in the nea...

Hedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up software. Fund managers net sold U.S. technology stocks for the third straight week, according to Goldman Sachs G...

Brookfield Asset Management agreed to sell the Conrad hotel in Seoul to ARA Korea REF, a real estate fund, for US$415 million.   The $925 billion alternative asset manager acquired the five-star hotel, which is part of the International Finance Center prop...

Apple Inc. announced its long-awaited new artificial intelligence features, including tools supported by OpenAI’s ChatGPT, promising to deliver technology that’s personalized, safe and deeply integrated into the iPhone maker’s software.  The platform, call...

Environmental regulations aimed at promoting biodiversity and conservation are now slowing the pace of construction Get the latest from Gabriel Friedman straight to your inbox Sign Up The federal Liberal government must find ways to streamline the env...

Expenses including taxes, insurance and utilities all soared during a period of high inflation across the economyThe cost of owning a home in the United States has increased 26 per cent since 2020, as expenses including taxes, insurance and utilities all soa...

Jason Heath: They could end up costing you if you have debt or RRSP contribution roomReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....