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Donald Trump’s tweets about rising stock prices plotted against the market decline + MORE Feb 10th
At one point on Friday Feb. 9, the Dow Jones Industrial Average fell to its lowest level since late November, before rebounding. Since January 26, the Dow has dropped close to 10 per cent, the first significant decline in stock prices since Donald Trump moved into the White House.
Before the downtur.... More »
Netflix says subscribers spend two hours a day on the platform - The Verge + MORE Oct 17th
Netflix says subscribers spend two hours a day on the platform The VergeNetflix to double profits after adding millions of subscribers in three months The GuardianNetflix earnings, subscriber growth top estimates as investors eye potential price hikes Yahoo FinanceNe.... More »
Erin Bury on quitting a stable job for a risky paycheque, investing in her 20s and more May 12th
Value and planning ahead are important for Erin Bury—as you will read in the interview below. It is what drives her as an entrepreneur (a former PR pro, she is the co-founder and chief executive officer of Willful, an online will platform making estate planning accessible to Canadians). Read on to.... More »
“Our parents just passed. What do we do about their estate?” + MORE Apr 22nd
Ask MoneySense
My mom passed away a number of years ago and sadly we just lost our dad. My brother and I are wondering about taxes owing, the timing of distributions, and if we should move all of the investments to cash. My brother and I are beneficiaries of the RRIF and TFSA, and the grandkids.... More »
Making sense of the markets this week: January 25, 2021 Jan 24th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The best post-election surge in modern presidential history
Stocks gained about 13% between U.S. election day and Jan,19, the day before Joe Biden’s inauguration—mar.... More »
Penn West shares plunge as it scrambles to avoid default
– theglobeandmail.com
Oil and gas producer’s stock was down nearly 25% in Toronto; company says it has hired financial advisers to help negotiate with lenders
Toronto, major U.S. stock indexes start the week with solid advance
– canadianbusiness.com
TORONTO – Canada’s largest stock market got the week off to a positive start this morning, with resource companies leading the way.
The Toronto Stock Exchange’s S&P/TSX composite index rose 143.30 points to 13,891.88.
Most of the TSX subindexes were up, led by mining and energy stocks.
The Dow Jones industrial average was up 110.22 points at 17,645.54, the broader S&P 500 composite index advanced 12.80 points to 2,059.41 and the Nasdaq composite gained 38.15 points to 4,755.83.
The Canadian dollar was at 77.56 cents US, up 0.25 of a cent from Friday’s close at 77.31 cents US.
The June crude contract was up $1.24 at US$47.45 per barrel and June natural gas was down 5.6 cents at US$2.04 mmBTU.
The June gold contract rose $2.80 to US$1,275.50 an ounce and July copper contracts rose 1.5 cents to US$2.09 a pound.
The post Toronto, major U.S. stock indexes start the week with solid advance appeared first on Canadian Business – Your Source For Business News.
The Toronto Stock Exchange’s S&P/TSX composite index rose 143.30 points to 13,891.88.
Most of the TSX subindexes were up, led by mining and energy stocks.
The Dow Jones industrial average was up 110.22 points at 17,645.54, the broader S&P 500 composite index advanced 12.80 points to 2,059.41 and the Nasdaq composite gained 38.15 points to 4,755.83.
The Canadian dollar was at 77.56 cents US, up 0.25 of a cent from Friday’s close at 77.31 cents US.
The June crude contract was up $1.24 at US$47.45 per barrel and June natural gas was down 5.6 cents at US$2.04 mmBTU.
The June gold contract rose $2.80 to US$1,275.50 an ounce and July copper contracts rose 1.5 cents to US$2.09 a pound.
The post Toronto, major U.S. stock indexes start the week with solid advance appeared first on Canadian Business – Your Source For Business News.
Find the next hot market using the MLS database
– moneysense.ca
Imagine you’re in the market to buy a home. You don’t want to overpay. You’d love to find a deal. But you’re not quite sure where the right price starts and ends.
If Rokham Fard, co-founder of tech-based brokerage TheRedPin, had his way, buying a home would be a lot like shopping for a car. Go online. Search out all the available options. Compare prices for similar models and configurations, and finally, settle on a price you think is fair. Sure, you may still have to negotiate and maybe you don’t get the exact deal you wanted, but the deal would be close to your expectations. Why? Because you could do research using clear, transparent information and data. It’s comparative shopping in the e-commerce world—and more and more, it’s becoming a reality for Canada’s residential real estate industry.
The biggest move towards transparency came a couple of weeks ago, after the federal Competition Tribunal ordered the Toronto Real Estate Board (TREB) to stop limiting access to home sales data…
If Rokham Fard, co-founder of tech-based brokerage TheRedPin, had his way, buying a home would be a lot like shopping for a car. Go online. Search out all the available options. Compare prices for similar models and configurations, and finally, settle on a price you think is fair. Sure, you may still have to negotiate and maybe you don’t get the exact deal you wanted, but the deal would be close to your expectations. Why? Because you could do research using clear, transparent information and data. It’s comparative shopping in the e-commerce world—and more and more, it’s becoming a reality for Canada’s residential real estate industry.
The biggest move towards transparency came a couple of weeks ago, after the federal Competition Tribunal ordered the Toronto Real Estate Board (TREB) to stop limiting access to home sales data…
Young Canadians complain that stratospheric real estate prices are putting home ownership out of reach. But even as governments begin to tabulate the impact of foreign buyers in Canada’s largest cities, they are terrified that any move to pop the bubble will cause a serious economic backlash.
Range Resources boosts natural gas assets with Memorial Resource buy
– theglobeandmail.com
Deal for $3.3-billion, excluding debt of $1.1-billion
