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Wall Street’s massive expiration of options not only left stock traders more cautious, it also drove one of the leaders of the bull market to a roller-coaster ride. Volume soared at the close of trading. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
7:33. The Bank of Canada is doing a formal review of its pandemic-era policies, when it bought hundreds of billions in government bonds to suppress interest rates. It may represent a last chance for Governor Tiff Macklem to explain himself before one of his fiercest critics comes to power.
Oil settled little changed after swinging between losses and gains as U.S. petroleum stockpiles rose to the highest in more than three years, undercutting optimism about a summer demand surge. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
Markets today: S&P 500 rebounds with Nvidia shares turning higher. Stocks edged up in the final stretch of Wall Street trading, with a small group high-flying technology shares leading the way. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
Canada needs AI adoption to narrow productivity gap, RBC says. Canada’s economic productivity is lagging behind the U.S. and more industries should embrace generative artificial intelligence to catch up, according to a report from Royal Bank of Canada. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and ...
Canada can’t meet goal of 100 per cent EV sales by 2035, automakers say. Automakers in Canada say it’s doubtful there will be enough consumer demand for electric vehicles to reach the government’s target of phasing out new gasoline-powered vehicles by 2035.
A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
