Category: MONEY

Stock markets on Wall Street and worldwide started the trading day on solid ground after Trump walked back comments about trying to fire Fed Chair Jerome Powell over interest rates

The only prediction many Wall Street strategists are willing to make is that financial markets will continue to jerk up and down as hopes rise and fall over Trump’s trade policies.

Trump’s comments drove the stock market and the U.S. dollar lower as investors in the U.S. and overseas grow increasingly wary about the economic standing of the U.S.

Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century on the Dow Jones kept Wall Street in check.

Canada’s main stock index closed up 572.93 points, or 2.5 per cent, to 23,587.80, while the Dow Jones, S&P 500 and Nasdaq were all up as markets closed.

Considered somewhat of a safe haven for investors amid market volatility, U.S. bonds are selling off at an alarming rate that is signaling fading confidence in the economy.

An ongoing technical issue with the CRA’s website is leaving many Canadians frustrated, not being able to confirm if their information was received properly by the agency.

Wall Street and international markets are on the decline once again amid tariff turmoil following yesterday’s late rally after President Donald Trump paused some tariffs.

Bird flu outbreaks were cited as the major cause of price spikes in January and February after more than 30 million egg-laying chickens were killed.

Although Trump’s latest tariffs include a massive 104 per cent levy on U.S. imports of Chinese products, markets in China reversed early losses, gaining ground on Wednesday.