The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headline: investors are dumping U.S. government bonds. Normally, investors rush into Treasurys at a whiff of economic chaos but now they are selling them as not even the…
Canadian and U.S. stocks closed higher Friday, capping off a tumultuous week that saw nausea-inducing drops and intense spikes driven largely by tariff headlines out of the United States. “It’s been a topsy-turvy day, like every day,” said Allan Small, senior investment adviser at the Allan Small Financial Group with iA Private Wealth. “I don’t…
The tax deadline is just a few weeks away, and some Canadians who may have already filed with the Canada Revenue Agency are still wondering if their information went through. A technical issue with the agency’s website continues and is frustrating many, with users reporting they can’t see important documents on their profiles like their…
By Josh Funk The Associated Press Posted April 10, 2025 9:12 am Updated April 10, 2025 9:16 am 1 min read Descrease article font size Increase article font size In defiance of United States President Donald Trump’s predictions, U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop…
U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors had so desperately hoped he would. The S&P 500 surged 9.5%, an amount that would count as a good year for the market, while…
With Canada’s future relationship with the United States dominating the federal election campaign so far, a new poll is shedding some light on which party Canadians think would be best to manage the country’s resources — one of the pillars of our economic relationship with the Americans. When asked which party and leader would do…
The United States Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain. The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to…
By Staff The Canadian Press Posted March 20, 2025 8:28 am Updated March 20, 2025 8:32 am 1 min read Descrease article font size Increase article font size The Canadian Federation of Independent Business says small business confidence dropped to an all-time low in March as the trade war with the U.S. ramped up. The federation says its business barometer long-term index fell 24.8 index points to 25.0 in March. Measured on a scale between zero and 100, an…
The trade war brought on by U.S. President Donald Trump’s tariffs has sent a ripple effect across the globe, leading to economic volatility and a lot of red on markets. Within the past several months, and especially the last week, stock markets have erased trillions of dollars in value. Many Canadians may be wondering if…
After a week spent seeking a lifeline, an Ontario court has given Canada’s oldest company permission to start liquidating all but six of its stores on Monday. The Friday approval from Ontario Superior Court judge Peter Osborne allows the retailer to begin selling off inventory at most of its 80 Hudson’s Bay stores, three Saks…
