Philip Petursson, chief investment strategist at IG Wealth Management, said the TSX was outperforming the S&P 500. He said the basic materials sector benefited from rising gold prices. The December ...

Fitch Ratings affirmed its ratings on the Big Six banks and Desjardins Group on Wednesday, noting that the banks’ performance has held up in the face of weakness in the economy and ongoing ...

Data released this week shows insolvencies in Canada are floating around levels not seen since the global financial crisis. The Office of the Superintendent of Bankruptcies released new figures on ...

The ongoing fight over prediction markets between U.S. federal derivatives regulators and various states has spread to New York, where the U.S. Commodity Futures Trading Commission (CFTC) is ordering ...

BMO Nesbitt Burns Inc. is paying $535,000 in a settlement with the Bourse de Montréal Inc.’s (MX) regulatory division to resolve allegations that it breached several provisions of the exchange’s ...

Desjardins Group reported $1.2 billion in surplus earnings before member dividends in the second quarter, up 34.8% or $313 million from the same period in 2025. Desjardins distributed $151 million to ...

In June, the firm’s former president and CEO, Christopher Delgado, pleaded guilty to wire fraud, conspiracy and money laundering charges for operating an alleged Ponzi scheme that ran from January ...

U.S. inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the ...

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in ...

The former chief financial officer of a U.S. hedge fund pleaded guilty in connection with allegations that he embezzled more than US$3 million from the fund. In a U.S. district court in the Southern ...

In New York, the Dow Jones industrial average was down 184.13 points at 53,791.85. The S&P 500 index was down 24.91 points at 7,728.20, while the Nasdaq composite was down 159.91 points at 26,445.45.

The National Bank of Canada has hired retired general Rick Hillier as a strategic defence adviser. Hillier previously served as chief of the defence staff and spent more than 35 years with the ...