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Higher provisions for credit losses caused bank to fall short of analyst estimates Get the latest from Barbara Shecter straight to your inbox Sign Up The effects of “higher for longer” interest rates dampened an otherwise strong operating quarter for...

The U.S. stock market is finally as fast as it was about a hundred years ago. That was the last time share trades in New York settled in a single day, as they will from Tuesday under new U.S. Securities and Exchange Commission rules. The change, halving th...

GameStop Corp. shares extended gains in premarket trading on Tuesday after the video game retailer said it brought in nearly US$1 billion from a share sale program amid renewed interest for the so-called meme stock. Shares of the Grapevine, Texas-based com...

Sandwich chain Subway is selling US$3.35 billion of asset-backed securities to help fund its buyout, marking the largest securitization of its kind on record. The sandwich maker is selling a whole business securitization, where a company pledges most of it...

DraftKings Inc. and FanDuel-owner Flutter Entertainment Plc fell on Tuesday after the Illinois Senate passed legislation that would raise taxes on sports betting. The bills would make the sports gambling tax, which is currently 15 per cent, to a new gradua...

(Bloomberg) -- The world’s biggest bond market sold off after weak Treasury sales, with traders also weighing mixed economic data and remarks from Federal Reserve speakers for clues on the policy outlook. Treasuries extended losses after the U.S. sold US$7...

Nvidia Corp. shares are surging for a third day as Elon Musk fueled the artificial-intelligence frenzy by accelerating his challenge of OpenAI, extending a post-earnings rally that’s added some US$470 billion to the chipmaker’s market capitalization.  Nvid...

Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank. The credit rating agency, which at the same time affirmed its long-term cre...

Country could be looking at low growth and higher inflation for next 20 years We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada could face two more decades o...

Kim Moody: Scrapping the plan is best, but Canadians need enough time to seek advice after tax professionals have fully absorbed the detailsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate comm...