Daily News

Source: BNN Bloomberg November 10, 2022

Optimism on dating stocks Bumble, Match may finally be rewarded

Analysts unanimously missed the plunge in shares of Match Group Inc. and Bumble Inc. this year, and still don’t have a single sell rating on the online-dating companies. The difference is, now they have a much better chance of being proven right in their opti...

Source: BNN Bloomberg November 10, 2022

Mattea Roach, Canada's most successful 'Jeopardy!' player on investing her winnings

Canada’s most successful "Jeopardy!" player Mattea Roach said she wants to invest her winnings in sustainable companies. “Investing sustainably is something that I consider to be very important,” the Toronto-based tutor and podcast host of “The Backbench”...

Source: Bankofcanada November 10, 2022

Getting back to stable prices and a balanced jobs market

Governor Tiff Macklem discusses the relationship between inflation and employment and how the Bank of Canada is working to cool an overheated economy....

Source: Financialpost November 10, 2022

Amazon's new warehouse robot could one day replace humans

Robot is capable of identifying and handling individual items, a milestone in efforts to reduce Amazon's reliance on the human order pickers Amazon.com Inc. has developed a robot capable of identifying and handling individual items, a milestone...

Source: Financialpost November 10, 2022

Freeland promises 'more carrots' as Ottawa's moves to boost green energy called 'cumbersome'

Finance Minister faced some pointed questions at Calgary Chamber of Commerce event Ottawa will have to dangle “even more carrots” in its bid to attract capital to Canada for investments in the green energy transition amid a global race to decar...

Source: Financialpost November 10, 2022

Stocks skyrocket in best inflation day rally in more than a decade

Half point hike in December now seen as more likely than three-quarter Stocks surged in a buy-everything relief rally as slower-than-projected price growth spurred bets the Federal Reserve can downshift its aggressive rate-hike path....

Source: Financialpost November 10, 2022

Ontario Teachers' Pension reveals $95-million exposure to troubled crypto exchange FTX

FTX was a high-flyer in the crypto world before its spectacular fall this week The Ontario Teachers’ Pension Plan Board says its potential exposure to fallout from troubled cryptocurrency exchange FTX, in which a total of US$95 million was inve...

Source: Financialpost November 10, 2022

CRA denies taxpayer's costs of getting to work, but judge says taxman got it wrong

Jamie Golombek: A recent case walks us through a comprehensive legal analysis of when non-reimbursed employment travel may be tax deductible Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an...

Executive Summary Source: Financialpost November 10, 2022

Posthaste: Canadians' inflation misery lifts provincial budgets from deficits to 'sizable' surpluses

But provinces' good fiscal fortune may not last, RBC economists say Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: BNN Bloomberg November 09, 2022

U.S. stocks notch three-day rally ahead of vote results

  U.S. stocks rose for a third day as investors awaited midterm election results and monitored the selloff in crypto tokens that wiped out more than 10 per cent from the price of Bitcoin. The dollar fell with Treasury yields.  The S&P 500 closed higher,...