Wall Street drifts lower as U.S. stocks slow their roll
U.S. stocks drifted lower on Wednesday, cooling down a day after leaping within a few good days’ worth of gains from their all-time high.
Andrew Pyle’s Top Picks for May 28, 2025
Top picks from Andrew Pyle, senior investment advisor and senior portfolio manager, CIBC Wood Gundy
Why ‘wrench attacks’ on wealthy crypto holders are on the rise
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
U.S. banks tiptoe toward crypto, awaiting more green light from regulators
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative.
A second crypto investor is charged with kidnapping and torturing a man in a posh NYC apartment
A second cryptocurrency investor surrendered to police Tuesday in the alleged kidnapping of a man who said he was tortured for weeks inside an upscale Manhattan townhouse by captors seeking the password to his Bitcoin account.
S&P 500 rallies 2% as Wall Street’s roller-coaster ride whips back upward
Wall Street’s roller-coaster ride created by U.S. President Donald Trump’s trade policies whipped back upward on Tuesday, this time because of a delay for his tariffs on the European Union.
Martin Cobb’s Top Picks for May 27, 2025
Top picks from Martin Cobb, senior vice-president, equities, Lorne Steinberg Wealth Management
Trump Media says investors will fund a company ‘bitcoin reserve’ through share purchases
U.S. President Donald Trump’s media company said Tuesday that institutional investors will buy US$2.5 billion in the company’s stock with the proceeds going to build up a bitcoin reserve.
‘Real momentum’: Currency analyst expects loonie to reach 74 cents U.S. this year
One currency analyst says he expects the Canadian dollar to reach 74 cents U.S. by the end of the year.
OPEC+ must be mindful of rising oil demand, UAE energy minister says
OPEC+ is doing its best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday.
Fire halts production at Ecuador’s biggest oil refinery
A fuel tank fire on Monday halted production at Ecuador’s largest oil refinery, sparking the evacuation of nearby residents as a giant plume of smoke billowed from the facility.
Derek Warren’s Top Picks for May 26, 2025
Top picks from Derek Warren, vice president, Lincluden Investment Management
European shares gain after Trump pushes back planned 50% tariffs on EU
European shares have opened higher and U.S. futures also surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9.
Trump’s latest tariff threats knock Wall Street, European stocks and Apple lower
U.S. stocks fell Friday after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.
Loonie ‘actually strengthening’ amid unusual market moves: FX strategist
One FX strategist says he expects the Canadian dollar to be trading around 72 cents U.S. around the end of the year, adding the loonie is currently trading near that level.
Brian Madden’s Top Picks for May 23, 2025
Top picks from Brian Madden, chief investment officer, First Avenue Investment Counsel