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The close: Wall Street boasts fresh records as inflation data fuels rate-cut bets
Traders work on the floor of the New York Stock Exchange (NYSE) on May 3.
Increase to capital gains inclusion rate has led some business owners to re-evaluate their plans
Taiwanese senior woman sitting at table and calculating finances
Three B.C. school districts to launch fully integrated, daylong child care, says Eby
B.C. Premier David Eby speaks during an announcement in Delta, B.C., on March 18, 2024. THE CANADIAN PRESS/Darryl Dyck
This province is the new frontier of soaring rents in Canada
A view of downtown Saskatoon and the Saskatoon River, on Friday Sept. 17, 1999. (CP PHOTO/Jacques Boissinot)
Powell says he expects U.S. inflation to continue falling in 2024, though not as confident as before
FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee in Washington, U.S., May 1, 2024. REUTERS/Kevin Lamarque/File Photo
Phone-free venues are designed for an emerging luxury trend: privacy
The Sunset Tower Hotel, in West Hollywood, has a no photo and video policy to respect guests’ privacy.
B.C. moves to cap rent hikes for those in Vancouver’s Downtown Eastside
Vancouver Mayor Ken Sim, speaks during a news conference for a housing announcement in Vancouver, B.C., Friday, Dec. 15, 2023. THE CANADIAN PRESS/Ethan Cairns
Corporate greed has not been a primary driver of U.S. inflation, Fed study shows
(FILES) People shop in the food section of a retail store in Rosemead, California, on January 19, 2024. The US central bank's favored measure of inflation accelerated in March, according a statement from the Commerce Department on April 26, 2024. The personal consumption expenditures (PCE) price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
B.C.’s strict new short-term rental rules pit housing supply against homeowners struggling to pay mortgages
Property Rights B.C., President Orion Rodgers is photographed near The Janion where he manages a property in the building at Victoria, B.C., on Thursday, May 9, 2024. Chad Hipolito/The Globe and Mail �
The close: S&P 500, TSX slip as investors await inflation data; meme rally reignites
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 8.
Billionaire investor Ken Griffin calls on Harvard University to embrace ‘western values’
Ken Griffin, Founder and CEO, Citadel speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. REUTERS/David Swanson
Yes, one week of outfits can fit in a carry on. Here’s how to pack this summer
Keen WK400 men’s walking shoes, $170 through keenfootwear.ca.
How to plan - and survive - a trip with friends
Illustration by Salini Perera
Saskatchewan teachers reject wage deal, demand more action on help for classrooms
The head of Saskatchewan's teachers union says promises of more funding aren't enough after members overwhelmingly rejected an offer from Premier Scott Moe's government. Saskatchewan Teachers’ Federation president Samantha Becotte sits for a photograph in Saskatoon, Sask., Friday, April 26, 2024. THE CANADIAN PRESS/Heywood Yu
Markets and economists react: BoC June rate cut bets slashed after unexpectedly strong jobs data
Governor of the Bank of Canada Tiff Macklem listens to question at a news conference on the Bank of Canada’s release of the 2024 Financial Stability Report, in Ottawa, on Thursday, May 9, 2024. THE CANADIAN PRESS/Justin Tang
opinion
The era of cheap money is spent
The Editorial Board
Earnings bolster U.S. stocks but crucial inflation report looms
Traders work on the floor of the New York Stock Exchange (NYSE) on May 3.
Go your own way: World market themes for the week ahead
Road construction workers carry out work outside the Bank of England in the City of London financial district in London, Britain, February 13, 2024.
Saskatchewan teachers overwhelmingly reject government offer for new contract
Saskatchewan Teachers’ Federation president Samantha Becotte sits for a photograph in Saskatoon on Friday, April 26, 2024. Saskatchewan teachers are wrapping up voting on whether to accept a three-year labour contract from the province. THE CANADIAN PRESS/Heywood Yu
Bank of England keeps rates unchanged, clears path for its first cut since 2020
FILE - The Bank of England in London, is shown on Dec. 15, 2022. The bank is expected to maintain interest rates at a 16-year high of 5.25%, but a cut wouldn't be a huge surprise as inflation falls from multi-decade highs. (AP Photo/Alastair Grant, File)
Saskatchewan education minister considering school year extension amid teachers vote
Saskatchewan Minister of Education Jeremy Cockrill speaks to the media after the speech from the throne is delivered in Regina, on Wednesday, Oct. 25, 2023. Cockrill says he's not ruling out extending the school year while teachers vote on whether they want to accept a new contract. THE CANADIAN PRESS/Heywood Yu
Airbnb forecasts weaker second-quarter revenue despite robust demand for international travel
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo
B.C. insurance corp. announces $110 vehicle rebate, rate increases on hold until 2026
B.C. Premier David Eby speaks during an announcement in Delta, B.C., on Monday, March 18, 2024. Most drivers in British Columbia will receive a $110 vehicle insurance rebate this year. THE CANADIAN PRESS/Darryl Dyck
Why ‘quiet luxury’ getaways are becoming Canada’s most-sought after travel trend
One of the Green O’s 12 secluded Tree Hauses, an elevated guest house that immerses travellers in nature and quiet solitude.
Property insurer Intact rolls out pilot project to fireproof homes when wildfires are near
Intact Financial CEO Charles Brindamour said his industry is already seeing the impact of global warming in the increasing frequency of severe storms and changing weather patterns.
What young people can do when homeownership seems out of reach
Houses are seen on a hill in Vancouver, on Thursday, Nov. 23, 2023. The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023. THE CANADIAN PRESS/Darryl Dyck
Ontario Premier Doug Ford says universities should remove pro-Palestinian encampments
Ontario Premier Doug Ford speaks to press at the Ontario legislature, in Toronto, on Monday, May 6, 2024. THE CANADIAN PRESS/Christopher Katsarov
ECB growing more confident about cutting rates as inflation continues to ease, policy-makers say
FILE PHOTO: The building of the European Central Bank (ECB) is seen amid a fog in Frankfurt, Germany December 15, 2022. REUTERS/Wolfgang Rattay/File Photo
Women increasingly opt for solo travel to cure burnout and wanderlust
Resorts and tour operators are increasingly catering to solo travellers looking to take a break from daily obligations.
Sexual health educators remain barred from Saskatchewan classrooms as concerns rise for students
Reagan Conway, executive director of the Saskatoon Sexual Assault and Information Centre, sits for a photograph in Saskatoon, Sask., on Wednesday, April 24, 2024.
first person
My mother bridged the generation gap by taking an interest in my interests
Macklem tries to stay out of the fray as MPs do their best to use him to score points
Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Macklem arrives to appear as a witness at a House of Commons Finance Committee in Ottawa, Thursday, May 2, 2024. THE CANADIAN PRESS/Sean Kilpatrick