Latest News
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June 5/26: TSX Sell -Off
The TSX decline today appears driven by three main factors: Bottom line: Today’s TSX drop is mainly a macro + sector rotation decline: stronger economic data → higher-rate fears → valuation pressure, amplified by weakness…
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How Warsh Could Sink Inflation And Stocks
Kevin Warsh, the former Fed Governor recently confirmed as Federal Reserve Chair (as of mid-2026), is known for hawkish leanings on inflation control. His approach could aggressively target inflation but risk pressuring stock valuations, especially…
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Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
The world’s richest person is on the doorstep of trillionaire status. SpaceX CEO Elon Musk owns a stake in his reusable rocket maker that’s worth $866.5 billion on paper, according to the company’s updated IPO prospectus published on Wednesday.…
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US June 4 @ 12 Noon EDT: Dow jumps 900 points, Nasdaq slides as investors rotate out of chip stocks for banks, retail
The Dow Jones Industrial Average rallied to a fresh record high on Thursday, while the Nasdaq Composite fell as investors appeared to rotate out of chip names in favor of non-tech stocks. The 30-stock Dow jumped 911 points, or…
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U.S. weekly jobless claims rise more than expected; labour market remains stable
The number of Americans filing claims for unemployment benefits increased more than expected last week, but the underlying trend remained consistent with a stable labour market. Initial claims for state unemployment benefits rose 13,000 to…
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TFSA Contribution Limit
Introduced in 2009, the Tax-Free Savings Account (TFSA) is available to Canadian residents age 18 or older. In addition to cash, a TFSA can hold several other investments such as bonds, stocks, and mutual funds. Any interest…
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Carney attributes ‘weakness’ in economic data to lower immigration targets
Prime Minister Mark Carney responded Tuesday to a report showing the Canadian economy has contracted for two consecutive quarters, saying part of the “weakness” is linked to the government’s decision to scale back immigration. He said Ottawa’s…
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Jun 3 @ 11 AM E.S.T – Dow falls 400 points as oil prices and bond yields creep higher: Live updates
Stocks fell on Wednesday as oil prices and Treasury yields moved higher amid worries the U.S.-Iran conflict could keep lifting inflation. The 30-stock Dow Jones Industrial Average pulled back 403 points, or 0.8%. The S&P 500 traded down 0.4%,…
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US: Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in…