Investing

Canadian Natural Resources Ltd. earned a first-quarter profit of $2.46 billion, up from $987 million a year ago as it reported record quarterly average production.

Canada’s main stock index closed up nearly 100 points, with energy leading the way.

U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries. The S&P 500 climbed 0.6% Thursday, marking its 11th gain in the last 13 days.

A new report from BlackRock says investors should continue to expect volatility as slower economic growth and changes in trade policy spur complicated macro signals, recommending low volatility investment strategies and defensive stocks over the near term.

Top picks from Daniel Straus, managing director at National Bank Financial

Canada approved a $20.9 billion (US$15.1 billion) plan to build a new, smaller kind of nuclear power plant, providing a significant shot in the arm for the nascent industry.

If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp. and Chevron Corp.

Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the U.S. drives shoppers away from the company’s products.

U.S. President Donald Trump renewed his criticism of U.S. Federal Reserve Chair Jerome Powell after the board declined to cut interest rates, but stopped short of repeating his call for Powell to be ousted. 

Brookfield Corp. is eyeing faster international growth in its insurance and wealth business, with a particular focus on the U.K., after that division helped propel the firm’s earnings in the first quarter. 

In his personal finance column for CTVNews.ca, Christopher Liew outlines some of the expected and not-so-expected costs of divorce, to help you prepare and plan if you and your spouse decide it’s time to part ways.

U.S. stocks ticked higher Wednesday after the Federal Reserve left its main interest alone, as was widely expected, but also warned about rising risks for the U.S. economy.

Canada’s main stock index closed up along with U.S. markets as there were hints of cooling in trade tensions between the U.S. and China while the Federal Reserve kept its key rate unchanged.

Investors who profit from selling stocks, real estate and other assets soon could reap an even larger benefit in Missouri, which is poised to become the first U.S. state to exempt capital gains from its income tax.

Consumers who raced to replace their vehicles because of Trump’s trade policies risk a costly financial hangover that could last years.