Week’s Best: JPMorgan Hires $28 Billion Merrill Lynch Team

Moneywise
Charlie Munger once revealed how investors can beat the stock market — here are 3 of his essential tips
Warren Buffett’s right-hand man knew a thing or two about investing.
Financial Post
Market bets on Bank of Canada rate cut shoot to 80% after latest Canadian and U.S. data
Robert McLister: The writing's on the wall — lower variable rates are coming
The Motley Fool
Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA
This dividend stock continues to be a top winner, even with returns falling the last few years. We're nearing some superior growth in the year ahead. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.
The Motley Fool
5 Stocks Whose Dividends Just Keep Growing
Stocks like Enbridge and Fortis are growing their dividends for decades, and returning higher cash to their shareholders. The post 5 Stocks Whose Dividends Just Keep Growing appeared first on The Motley Fool Canada.
The Motley Fool
Forget Shopify Stock: 1 Tech Stock to Buy Instead
Shopify stock (TSX:SHOP) plunged by over 20% after earnings guidance for the second quarter came in lower, but this other tech stock is way up! The post Forget Shopify Stock: 1 Tech Stock to Buy Instead appeared first on The Motley Fool Canada.
The Canadian Press
Hitachi Rail to add 1,000 Canadian employees as Thales deal closes
TORONTO — Hitachi Rail says it is adding around 1,000 employees in Canada through its $2.5-billion acquisition of Thales' Ground Transportation Systems.
Business Insider
Gold bars and silver coins at Costco continue to be top sellers — and a cheat code for boosting its online sales
Gold bars and silver coins continue to show strong sales for Costco, and these high-value items help the company show strong online growth too.
CBC
Auto insurance overhaul likely for Alberta. How far will UCP go?
In a day thick with competing actuarial interpretations and estimates of car insurance models, one particular figure made Finance Minister Nate Horner's ears perk up last Monday.Five per cent.That's the proportion of Albertans' average disposable income that now goes to auto insurance premiums, a provincial consultant told Horner and a room full of other government officials, insurers, lawyers and other stakeholders at a summit on auto insurance reforms.Previous reports, a decade or more ago, pe
GOBankingRates
I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
The Canadian Press
Federal government posts $50.9 billion deficit for 2023-24 fiscal year
OTTAWA — The federal government ended the 2023-24 fiscal year with a deficit of $50.9 billion.
Yahoo Finance Canada
Canada's economy grew at weaker-than-expected pace in Q1, raising odds of June BoC cut
Real gross domestic product was essentially unchanged in March.
Financial Post
Canadian banks say borrowers showing strain of higher for longer interest rates
Even when the Bank of Canada begins cutting rates it will take months before it helps consumers
The Motley Fool
3 Stocks That Can Help You to Get Richer in 2024
These three stocks have already proven their worth this year, but are set to continue climbing in 2024 and even beyond. The post 3 Stocks That Can Help You to Get Richer in 2024 appeared first on The Motley Fool Canada.
Bloomberg
Canada’s Ninepoint Halts Cash Payouts on Three Credit Funds
(Bloomberg) -- Canadian investment manager Ninepoint Partners LP is temporarily suspending cash distributions in three of its private credit funds, making it the latest lender to put a squeeze on investors to cope with a liquidity crunch.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedHomebuyers Are Starting to Revolt Over Steep Prices Across USModi Set for Landslide Election Win in India, Exit Polls ShowSaudi Arabia Puts Wall Street on Notice to Set
The Motley Fool
These 2 AI Stocks Are Set to Soar in 2024 and Beyond
Here are two of the best AI stocks in Canada that you can buy now and hold for at least the next five years. The post These 2 AI Stocks Are Set to Soar in 2024 and Beyond appeared first on The Motley Fool Canada.
Financial Post
GDP has economists divided on when Bank of Canada rate cut will come
Some still say Canadians will have to wait until July for rate relief
Bloomberg
Texas Utility Stock Powers Past Nvidia in 300% AI-Fueled Rally
(Bloomberg) -- The demand to feed the engines of artificial intelligence has helped vault shares of one of the largest US power producers, Vistra Corp., higher even than Wall Street darling Nvidia Corp. Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedModi Set for Landslide Election Win in India, Exit Polls ShowTrump Is Guilty on All Counts in Hush-Money Case. Now What?Here Are the Latest Verified Results From South Africa’s ElectionDonald Trump Become
The Motley Fool
2 Canadian Growth Stocks I’d Invest In a TFSA for Decades
Given their favourable growth prospects and initiatives, these two Canadian stocks are worthy additions to your TFSA. The post 2 Canadian Growth Stocks I’d Invest In a TFSA for Decades appeared first on The Motley Fool Canada.
Business Insider
Stock market today: US indexes rally after cool inflation data
The Dow surged in the final hour of trading, closing nearly 600 points higher, after a key inflation metric cooled as expected.
Reuters
Canadian banks brace for second-half uncertainty as they cling to rate cut hopes
Canadian banks are bracing for a few months of uncertainty with loan loss provisions expected to rise if interest rates remain elevated, even as their dealmaking and investment banking business improves, according to executives from major lenders. Most lenders beat earnings expectations in the second quarter, with the exception of Bank of Montreal, but the six major banks set aside a combined C$4.36 billion in loan loss provisions, 26% higher than a year ago. "If rates remain where they are and play out as expected with just a few rate cuts, then provisions are likely going to be elevated for at least the next quarter or two," Veritas Investment Research analyst Nigel D'Souza said, adding that he expects credit losses to peak no earlier than early 2025.

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Week’s Best: JPMorgan Hires $28 Billion Merrill Lynch Team

Latest Stories

Charlie Munger once revealed how investors can beat the stock market — here are 3 of his essential tips

Market bets on Bank of Canada rate cut shoot to 80% after latest Canadian and U.S. data

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA

5 Stocks Whose Dividends Just Keep Growing

Forget Shopify Stock: 1 Tech Stock to Buy Instead

Hitachi Rail to add 1,000 Canadian employees as Thales deal closes

Gold bars and silver coins at Costco continue to be top sellers — and a cheat code for boosting its online sales

Auto insurance overhaul likely for Alberta. How far will UCP go?

I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have

Federal government posts $50.9 billion deficit for 2023-24 fiscal year

Canada's economy grew at weaker-than-expected pace in Q1, raising odds of June BoC cut

Canadian banks say borrowers showing strain of higher for longer interest rates

3 Stocks That Can Help You to Get Richer in 2024

Canada’s Ninepoint Halts Cash Payouts on Three Credit Funds

These 2 AI Stocks Are Set to Soar in 2024 and Beyond

GDP has economists divided on when Bank of Canada rate cut will come

Texas Utility Stock Powers Past Nvidia in 300% AI-Fueled Rally

2 Canadian Growth Stocks I’d Invest In a TFSA for Decades

Stock market today: US indexes rally after cool inflation data

Canadian banks brace for second-half uncertainty as they cling to rate cut hopes