Live TSX News Today

• 5^th Aug 09:51 AM EDT

  7 TSX precious metals stocks to watch right now

  

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• 4^th Aug 05:57 AM EDT

  TSX rises as US-China tensions ease, loonie gains 0.3%

  

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• 20^th Jul 10:33 AM EDT

  Canada’s inflation in June spiked 8.1 per cent year-over-year (YoY), up from a 7.7 per cent increase seen in May, according to a Statistics Canada report released on Wednesday, June 20. This surge was reportedly the largest annual change in the nation’s inflation rate since 1983.

  The Consumer Price Index (CPI), excluding gasoline, climbed 6.5 per cent YoY in June compared to 6.3 per cent in the prior month.

  Gasoline prices surged 54.6 per cent YoY in June, largely responsible for CPI inflation, said the report. Prices for passenger vehicles spiked by 8.2 per cent, while prices for services also edged higher by 5.2 per cent in June this year compared to the previous year.

  Eased public health restrictions and growing tourism have reportedly caused the demand for travel and related services to rise, leading to higher accommodation prices, up by 49.7 per cent in June 2022 relative to June 2021. Demand for air travel also expanded by 6.4 per cent in June compared to May.

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• 13^th Jul 02:48 PM EDT

  5 top TSX stocks to buy for your TFSA as interest rate soars higher

  

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• 13^th Jul 02:09 PM EDT

   

  The Bank of Canada announced its major interest rate decision on Wednesday to control the rising inflation. In an unexpected move, the central bank raised the interest rate by one per cent instead of 0.75 per cent.

  Interest rate hikes are expected in the future if inflation stays significantly higher than its target. By increasing the interest rates by 1 per cent, the central bank's main rate has jumped to 2.5 per cent.

  Bank of Canada’s Governor, Tiff Macklem, had stated that the central bank might need to raise the interest rates to control the rising consumer prices after last month's rate announcement.

  Some analysts believe that the Bank of Canada was initially reluctant to react to the cost-of-living problem, and it is now frantically trying to rein in consumer price increases and bolster public confidence that it is serious about doing so — even at the risk of triggering a recession.

  Notably, the latest rate increase is the biggest one-time increase since 1998.

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• 11^th Jul 12:00 PM EDT

  5 top TSX dividend yield stocks to weather market volatility

  

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• 8^th Jul 02:08 PM EDT

  With the jobless rate at a historic low and a significant number of Canadians leaving the labour force, the jobs market in Canada showed extreme signs of tightening last month.

  Statistics Canada released a new report on Friday and revealed that the economy lost 43,000 jobs in June rather than the 22,500 increase some economists had predicted. 

  The decline in workers aged 55 and older was somewhere responsible for the employment loss. Gains in the goods-producing sector across all industries offset a fall in the services-producing sector, particularly in retail commerce.

  In June, the unemployment rate dropped to a new low of 4.9%, and the participation rate dropped to 64.9%. The adjusted unemployment rate, which accounts for those who wanted to work but were not in the labour force, fell 0.2 percentage points to 6.8 per cent in June, setting a new record low.

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• 7^th Jul 03:17 PM EDT

  Is FirstService (FSV) stock a buy despite Canada's falling home sales?

  

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• 7^th Jul 02:28 PM EDT

  TSX in red as energy continues fall, bond market rebounds

  

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• 7^th Jul 02:27 PM EDT

  Is Air Canada (TSX: AC) stock a buy amid summer travel challenges?

  

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• 6^th Jul 03:03 PM EDT

  2 TSX blue-chip stocks to buy amid market correction: TD & SU

  

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• 6^th Jul 01:04 PM EDT

  How is Mark Cuban-backed Dave faring after SPAC merger in 2022?

  

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• 5^th Jul 10:27 AM EDT

  A top TSX dividend stock to buy as BoC survey projects higher inflation

  

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• 5^th Jul 10:20 AM EDT

  Cathedral Energy (TSX: CET) stock is skyrocketing: Buy alert?

  

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• 5^th Jul 08:26 AM EDT

  TSX Composite gains 0.8%, loonie remains unchanged at 0.15%

  

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• 30^th Jun 08:31 AM EDT

  TSX dips as tech & energy fall, Shopify dips 5.6% after stock split

  

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• 28^th Jun 03:31 PM EDT

  CN Rail (CNR) plans to invest millions on 'sustainable growth': Buy?

  

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• 28^th Jun 03:30 PM EDT

  Dye & Durham (TSX: DND) stock a buy as it revises Link takeover offer?

  

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• 28^th Jun 12:02 PM EDT

  USDT short-selling allegations: What is Tether crypto's CTO claiming?

  

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• 28^th Jun 09:14 AM EDT

  TSX gains 1% as Canadian market continues momentum, loonie up 0.14%

  

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