Daily News

Canada's main stock market rose more than 100 points to close out the week, driven by utilities, energy and financial stocks, while U.S. markets edged lower. The S&P/TSX Composite Index closed up 115.30 points, or 0.57 per cent, at 20,236.04. In New Yor...

Apple Inc.’s market value is now decisively below the historic US$3 trillion level, after the iPhone maker’s outlook for the fourth quarter sparked worries over tepid demand for its handsets and other gadgets. Shares in the California-based company dropped...

Government spending does not stimulate economic growth (not even in recessions) Two statistics illustrate Canada’s disastrous economic outcomes in recent years and the bleak outlook. First, as Fraser Institute senior fellow and former Statistic...

Cut includes 4,000 workers at its main Telus business and another 2,000 at Telus International VANCOUVER — Telus Corp. says it is cutting 6,000 jobs. We apologize, but this video has failed to load. Try refreshing your brow...

'I don’t see a world in which we decrease it currently,' Marc Miller says Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s new immigration minister said he is open to “having a conversation” on concerns raised...

Economy loses 6,000 jobs, unemployment rate rises to 5.5% The labour market hit a speed bump in July with the unemployment rate rising and the economy unexpectedly shedding jobs, suggesting the Bank of Canada’s interest rate hikes are working t...

The slide in the world’s biggest bond market deepened and stocks fell ahead of the U.S. jobs report, which is expected to provide clues on the outlook for the Federal Reserve’s next steps. In late trading, Amazon.com Inc. climbed after a bullish revenue fo...

Following the latest set of earnings from Shopify Inc., experts are split regarding the stock’s ability to provide value for investors.  On Wednesday, the Ottawa-based e-commerce company released its second-quarter results, which included a net loss of US$...

Chris Blumas, portfolio manager, Raymond James Investment Counsel  FOCUS: North American large caps  MARKET OUTLOOK: One of the primary drivers of the global economy has been the ongoing recovery from the pandemic. Many developed countries have exp...

Amazon.com Inc. shares gained after it gave a sales outlook that topped estimates on a strong performance from its main e-commerce business and reported the slowest pace of spending in at least a decade. The company projected revenue in the current quarter...