Is the U.S. stock market in a bubble? It depends on who you ask
The unprecedented growth in big tech stocks means the U.S. now dominates global markets. U.S.-listed companies made up more than half of the world’s stock market value in 2024 and 70 per cent of the ...
US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his government
Maduro’s promised election was neither fair nor free, and the longtime president was sworn in this month for a third six-year term despite credible evidence that his opponent got more votes. Yet, the ...
Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
(Bloomberg) — Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s ...
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Matthew Lau: CRA hates everyone, not just Leafs and Jays
Collecting taxes Parliament may never approve and going after athletes' signing bonuses doesn't help bring stars to Canada ...
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Oilpatch industry associations band together to fight U.S. tariffs
Canada’s disordered response to Donald Trump‘s threat of tariffs, along with fears within the oilpatch that Ottawa could target energy exports as a retaliatory measure, has prompted five of the ...
How TikTok grew from an app for teens into a potential national security threat
Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen ...
Bank of Canada promises better communication around quantitative easing, if used again
In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit ...
Hudson’s Bay lays off 41 staff, cites ’challenging headwinds’
TORONTO — Hudson’s Bay Co. says it has laid off 41 staff as it revamps the retailer’s structure. Charla Parkinson, a ...
U.S. Federal Reserve withdraws from global climate coalition
The United States Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial ...
Howard Levitt: How Trudeau and Freeland's ‘resignations’ would play out in the private sector
Trudeau’s announced exit quickly followed that of Chrystia Freeland. International media trumpeted her “resignation” as ...
FTC raises antitrust concerns about Microsoft-OpenAI partnership
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
BMO, National Bank, TD, CIBC follow U.S. banks to quit global climate alliance
The lenders join several big banks in the United States, such as JPMorgan Chase & Co., Morgan Stanley, Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc., that have ...