U.S. Federal Reserve officials agreed last month that interest rates may need to keep rising for longer to prevent higher inflation from becoming entrenched, even if that slowed the U.S. economy.

The VIX tracks stock index futures using a calculation designed to show anticipated volatility in the U.S. market. While the formula to compute the index is mathematically complex, the VIX itself is easy to understand.

U.S. stocks wavered and Treasuries slid as the U.S. Federal Reserve’s June meeting minutes revealed that the central bank could consider an “even more restrictive” policy.

Oil extended its drop below US$100 a barrel as fears of a global slowdown outweighed continued supply disruptions and market tightness.

Downtown Toronto’s office-vacancy rate hit a record in the second quarter as fears of a slowing economy and the persistent popularity of remote work curtailed appetites for new space.

​Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump.

Omers, the Canadian pension fund manager, is nearing a deal to acquire British utility services provider Network Plus, people with knowledge of the matter said.

The Alberta government says it will extend its electricity rebates until the end of the year as the cost of living continues to rise.

​Air Canada and Toronto's Pearson airport again claimed the top spots for flight delays on Tuesday, marking at least four days in a row where the country's biggest airline has placed No. 1 of any large carrier worldwide.

The classic 60/40 portfolio, where investments are split 60% in stocks and 40% in bonds, has taken a beating this year as both asset classes have plunged.

Toronto’s red hot housing market continues to show signs of a prolonged slowdown after new data by Realosophy Realty found another monthly sales decline, while the cost of renting surges.

​Home sales tumbled 41.4 per cent year-over-year last month in the country’s largest market as rising interest rates continued to decimate activity.

​Each wave of supply shock to hit the global economy during the pandemic seems to produce a different scapegoat.

Global currencies, including the Canadian dollar, were under pressure on Tuesday as currency traders piled into the U.S. dollar as a safe haven asset amid growing recession concerns.

Crude oil could collapse to US$65 a barrel by the end of this year and slump to US$45 by end-2023 if a demand-crippling recession hits, Citigroup has warned.

Inter Pipeline has started production at a new $4.3 billion petrochemical plant in Alberta, a key milestone for a project that was at the center of a takeover battle for the company last year.

Passengers preparing to run the gauntlet of Canadian air travel face a key obstacle on top of flight delays and cancellations: late luggage.