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TSX recorded its worst day since December 2022 Canada’s main stock index fell 1.6 per cent on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking crisis. THIS CON...

U.S. stocks rallied into the close as traders wagered the worst of the banking turmoil has passed. Treasuries fell. The S&P 500 recovered much of its lost gains in the late afternoon after a Russian fighter jet collided with a U.S. drone tamped down the in...

Apollo Global Management Inc., Blackstone Inc. and KKR & Co. have expressed interest in snapping up a book of loans held by Silicon Valley Bank, the California lender seized by federal regulators last week, people with knowledge of the matter said. Apollo,...

Brian Acker, president, chief executive officer and chief investment strategist, at Acker Finley FOCUS: North American large-cap stocks  MARKET OUTLOOK: For the last 10 years, I have been recommending U.S. dollar-dominated assets for Canadian inves...

The situation that caused Silicon Valley Bank (SVB) to collapse in the course of 48 hours was uncommon and it’s an example of the type of consequences that can happen after interest rates rise quickly, according to an analyst at RBC Capital Markets. In an...

The transition from winter to spring is usually a time when shoe brands release new styles and boost demand for their products, which is why one analyst is bullish on the space. In an interview with BNN Bloomberg’s Paul Bagnell, Tom Nikic, analyst at Wedbu...

In the span of just three days, short sellers minted more than US$2 billion in paper profits as the collapse of Silicon Valley Bank set off a cascade of selling across the stocks of regional lenders. The precise amount of the mark-to-market gains came to U...

Booze has long played a crucial and highly beneficial role in the human experience In a recent interview with Toronto Life, Catherine Paradis, interim associate director of research at the Canadian Centre for Substance Use and Addiction (CCSA),...

Funds posts 4% return in 'difficult' investment environment in 2022 as net assets grew to $247.2 billion. The Ontario Teachers’ Pension Plan has invested heavily in tech and financial services companies in recent years, but the chief executive...

Since 2001 America has endured 562 bank failures, not including Silicon Valley Bank. In Canada, there were zero Nothing roils markets and focuses attention like a good old-fashioned bank run. Canadians are witnessing this truth as our American...