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Don't neglect bonds this year despite tough 2022, experts say
OTTAWA — Bond portfolios took a beating in 2022 as interest rates climbed, but experts say investors shouldn't neglect bonds this year as the Bank of Canada nears the end of its rate hike cycle.
Jan 5, 2023 10:00 AM
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Fewer Americans file for jobless claims last week
WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, reflecting a still-robust job market despite the Federal Reserve's efforts to cool the economy and bring down decades-high inflation.
Jan 5, 2023 8:40 AM
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2022 auto sales lowest since 2009, rise in December: DesRosiers
DesRosiers Automotive Consultants Inc. says light vehicle sales were up 5.5 per cent in December compared with last year but were down for the whole year.
Jan 4, 2023 5:46 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,588.83, up 145.06): Toronto-Dominion Bank (TSX:TD). Financials. Up $1.14, or 1.30 per cent, to $88.81 on 19.9 million shares.
Jan 4, 2023 5:14 PM
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S&P/TSX composite index rises despite oil price weakness, U.S. markets also up
TORONTO — Canada's main stock index gained almost 150 points on Wednesday, buoyed by strength in the financial and technology sectors despite weakness in energy stocks, while U.S. markets also rose. The S&P/TSX composite index was up 145.
Jan 4, 2023 4:38 PM
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Stocks end higher after Fed meeting minutes, strong job data
NEW YORK — Stocks ended higher on Wall Street after a day of wavering as minutes from the Federal Reserve’s last meeting of policymakers underscored how the central bank remains determined to keep rates high to crush inflation.
Jan 4, 2023 4:10 PM
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Vancouver market takes 'wait and see' approach as Dec. sales fall 52% from year ago
Greater Vancouver ended 2022 with another month of prospective homebuyers taking a "wait and see" approach, which the region's real estate board said pushed down sales by 52 per cent and prices three per cent from the year before.
Jan 4, 2023 4:01 PM
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EU urges pre-flight COVID-19 tests on passengers from China
BRUSSELS (AP) — The European Union on Wednesday “strongly encouraged” its member states to impose pre-departure COVID-19 testing of passengers from China, in a move that is likely to upset Beijing and has already been criticized by the global airline
Jan 4, 2023 4:00 PM
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Fed minutes: Officials cited strong hiring to justify hikes
WASHINGTON (AP) — Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had pre
Jan 4, 2023 3:38 PM
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Atco acquires Triple M Modular Housing, terms not immediately available
CALGARY — Atco Ltd. says it has acquired Triple M Modular Housing, a manufacturer of factory-built, modular housing based in Lethbridge, Alta. Financial terms of the agreement were not immediately available.
Jan 4, 2023 2:30 PM
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