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BNN Bloomberg Picks
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7:37
TD, RBC data point to slowing household spending in Canada
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6:43
Copper's costly climb: How supply shortages are shaping the market
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3:12
Kevin O'Leary shares financial advice on Morning Markets
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7:36
Bank of Canada says households can cope with higher rates
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6:49
Are you struggling to pay your mortgage? We want to hear from you
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6:34
Private equity, business groups rip Canada's capital-gains tax hike
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23h ago
One portfolio manager says gains in GameStop Corp. shares have nothing to do with the company's performance, adding that investors should stay away from the renewed enthusiasm in meme stocks.
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1h ago
4:06GameStop, AMC shares plunge as two-day meme rally evaporates
The meme rally that added about US$11 billion in value to GameStop Corp. and AMC Entertainment Holdings Inc. faltered Wednesday, wiping out a large swath of the gains in the first minutes of trading.
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20h ago
6:39Copper short squeeze in N.Y. prompts rush to send metal to U.S.
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in other regions to U.S. shores.
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5h ago
5:47Tesla board rallies retail investors to vote for Musk's US$56 billion pay package
Tesla Inc. is looking to woo its unusually large base of retail investors to get approval for Chief Executive Officer Elon Musk’s US$56 billion pay package.
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6h ago
3:12Real estate billionaire Frank McCourt readying U.S. TikTok bid
Frank McCourt, a real estate billionaire with ambitions to improve the web, said he plans to build a consortium to bid for social media app TikTok’s U.S. business.
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May 13
Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report.
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2h ago
The Daily Chase: U.S. inflation numbers, fizzling meme stock rally
Here are five things you need to know this morning.
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5h ago
Polar Asset raises US$300 million fund for booming credit trade
Canada’s Polar Asset Management Partners Inc. raised US$300 million for a fund that will invest in credit risk transfers, taking advantage of a trend that sees banks offloading risk into a fast-growing corner of the credit markets.
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May 8
Canada’s major housing markets are starting to recover, but one economist says a more pronounced recovery cannot be sustained until interest rates move significantly lower.
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12h ago
China considers government buying of unsold homes to save property market
China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market.
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18h ago
6:38ExxonMobil readying to drill exploratory deepwater oil well off Newfoundland
One of the world's largest oil companies is preparing to drill an exploratory deepwater oil well about 500 kilometres off the eastern coast of Newfoundland.
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16h ago
5:04Oil price news: Oil trades in narrow range as IEA trims 2024 growth forecast
Oil continued to trade in a narrow range on Wednesday as the International Energy Agency cut its 2024 forecast for demand growth by 140,000 barrels-a-day.
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20h ago
9:13Shopify sues Chinese e-commerce rival, alleging copyright infringement
Shopify, the Ottawa-based e-commerce giant, filed a lawsuit on Tuesday with the U.S. District Court for the Southern District of New York claiming Shopline is a “would-be Shopify competitor” that has mimicked its operations in various ways.
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May 9
Cineplex Inc.’s top executive says the theatre giant has taken steps to improve its balance sheet as the company reports first-quarter earnings.
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22h ago
6:28Restaurant industry 'teetering,' but still producing world-class fare: publisher
An annual ranking of Canada’s 100 best restaurants and bars was released Monday, and the list’s publisher says Canadian chefs are producing world-class culinary offerings, even as the industry continues to struggle post-pandemic.
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May 14
5:23Toronto businessman Tanenbaum in talks to buy French soccer club Saint-Etienne
Storied French soccer club Saint-Etienne said on Monday it was in exclusive talks for a sale to Toronto businessman Larry Tanenbaum.