Canadian, U.S. stocks tumble on worries about U.S. bank bailout
Dow drops below 10,000
- By: Megan Harman
- October 6, 2008 October 6, 2008
- 10:30
Latest news in Research and Markets
Building permits fall 13.5%: StatsCan
August decline reverses increases earlier this year
- By: IE Staff
- October 6, 2008 October 6, 2008
- 08:55
Opening bell: Asian markets tumble as Germany bails out property lender
Price of oil drops as economic gloom spreads
- By: IE Staff
- October 6, 2008 October 6, 2008
- 07:20
Economic calendar: Jobs data coming Friday
Alcoa, GE to report Q3 earnings
- By: IE Staff
- October 6, 2008 October 6, 2008
- 05:25
U.S. House passes bailout bill
The measure is the largest government intervention in financial markets since the Great Depression
- By: IE Staff
- October 5, 2008 October 5, 2008
- 12:55
Toronto Tory finds his political voice
Candidate profile: Joe Oliver
- By: Olivia Glauberzon
- October 3, 2008 October 3, 2008
- 18:06
Friday close: Markets end tumultuous week on a down note
U.S. bailout bill not enough to send stocks into positive territory
- By: Rudy Mezzetta
- October 3, 2008 October 3, 2008
- 16:37
Analysts don’t think bailout will be enough
The plan’s passing would provide a lift to markets, but it may not break the logjam in credit markets
- By: James Langton
- October 3, 2008 October 3, 2008
- 09:21
Opening bell: Stocks on the way up
The U.S. House of Representatives votes on the bailout package another time
- By: IE Staff
- October 3, 2008 October 3, 2008
- 08:31
U.S. fair-value accounting requirements consistent with Canadian standards
Chairman of Canadian Accounting Standards Board says measuring fair value in turbulent times can be very difficult
- By: Megan Harman
- October 2, 2008 October 2, 2008
- 16:53
North American stocks take another dive
Global economic uncertainty is weighing heavily on investors as S&P/TSX composite index, DJIA fall to lowest level in years
- By: Megan Harman
- October 2, 2008 October 2, 2008
- 16:24
IIF calls for global bailout plan
Head of international banking lobby group says crisis underscores the need for regulatory reform
- By: James Langton
- October 2, 2008 October 2, 2008
- 16:17
European Central Bank stands pat on interest rates
But economists predict rates to drop by 75 basis points by the end of Q3 2009
- By: James Langton
- October 2, 2008 October 2, 2008
- 16:08
Rate cuts needed to boost U.S. economy: Global Insight
Bailout plan will not be enough to fix the ailing U.S. economy, the firm argues
- By: James Langton
- October 2, 2008 October 2, 2008
- 13:29
IPOs dry up on TSX in Q3
Even though there were no new issues on the TSX, it might not yet be the bottom of the market for IPOs, PwC report suggests
- By: Megan Harman
- October 2, 2008 October 2, 2008
- 09:57
Economists expect severe U.S. recession
Reduced U.S. exports and tight credit threaten an economy that’s now on the brink
- By: James Langton
- October 2, 2008 October 2, 2008
- 09:35
Opening bell: Stocks set to fall on U.S. jobless data
The Senate’s passing of the US$700-billion bailout bill can’t qualm concerns about the economy
- By: IE Staff
- October 2, 2008 October 2, 2008
- 08:24
SEC extends ban on short selling
It remains to be seen whether the CSA or other jurisdictions follow suit
- By: James Langton
- October 2, 2008 October 2, 2008
- 07:58
Stock markets end day lower
Investors on both sides of the border are awaiting the U.S. Senate’s vote on the revised bailout plan
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 16:07
Report suggests commodities prices are set to fall
A looming U.S. recession, slowing growth in Europe, falling oil prices and tightening credit conditions are the likely culprits
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 12:43
Attention turns to U.S. Senate
Added incentives such as higher bank deposit insurance and tax cuts were designed to get the bill passed
- By: James Langton
- October 1, 2008 October 1, 2008
- 12:01
Liberal candidate eager to give her prospective constituents a voice
Candidate profile: Diana Cabott
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 10:04
Cleantech venture investments reach new quarterly total
Highlights include an all-time high investment for smart grid companies, algae companies and thin-film solar companies
- By: James Langton
- October 1, 2008 October 1, 2008
- 09:49
Recent turmoil may affect confidence: Moody’s
Tighter lending standards and fragile confidence are expected to impact spending heavily
- By: James Langton
- October 1, 2008 October 1, 2008
- 09:18
Opening bell: U.S. Senate set to vote on bailout on Wednesday
Changes to failed bailout plan are expected to help it gain passage through both the Senate and House of Representative this week
- By: IE Staff
- October 1, 2008 October 1, 2008
- 08:11