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Bitcoin at record highs, sets sights on US$100,000
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more […]
Ontario employers to get $2-billion in surplus funds from Workplace Safety and Insurance Board
Ontario Premier Doug Ford says eligible businesses will be getting a share of $2 billion that the Workplace Safety and Insurance Board is returning due to a surplus.This marks the second time […]
Canadian dollar weakens on rising global risk aversion
The Canadian dollar CADUSD +0.14%increase weakened against its U.S. counterpart on Wednesday, pulling back from an earlier one-week high, as the greenback notched broad-based gains and escalating Russia-Ukraine tensions led to investors turning […]
Trump and Fed Chair Powell could be set on a collision course over interest rates
Should inflation flare up again, Fed Chair Jerome Powell and his colleagues could tap the brakes on their efforts to lower interest rates. That in turn could infuriate President-elect Donald […]
Nov 21: Dow jumps 600 points as investors rotate out of tech into stocks linked to broader economy
The Dow Jones Industrial Average and the S&P 500 rose Thursday as investors poured into cyclical stocks poised to benefit from an accelerating economy and rotated out of technology shares such as […]
U.S. weekly unemployment claims hit seven-month low
The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting that job growth likely rebounded in November after abruptly slowing last month […]
Nov 21: At midday: TSX hits record high on energy boost
Canada’s main stock index notched a record high on Thursday amid gains led by energy shares, while investors assessed AI bellwether Nvidia’s upbeat quarterly results that dictated overall market sentiment.At […]
Metro plans to open more discount stores next as inflation-hit shoppers hunt for value
Grocery retailer Metro Inc.MRU-T -0.32%decrease plans to open more discount stores next year, as Canadian shoppers hit hard by inflation continue to look for value.The Montreal-based retailer on Wednesday announced plans for […]