Bluesky picking up steam

LOS ANGELES — Social media site Bluesky has gained one million new users in the week since the U.S. election, as some X users look for an alternative platform to post their thoughts and engage with others online. Bluesky said Wednesday that its total users surged to 15 million, up from roughly 13 million at […]

Soaring Shopify boosts index

TORONTO — Canada’s main stock index rose on Tuesday, buoyed by a 21% gain in Shopify Inc. shares, while U.S. markets pulled back after a weeklong post-election rally. Following Donald Trump’s victory last week in the U.S. presidential election, markets have been flying to new heights, especially in sectors seen as potential benefactors of his […]

Postal workers set to strike

OTTAWA — The Canadian Union of Postal Workers has given 72-hour strike notice to Canada Post. The notice is for both the union’s urban bargaining unit and its rural and suburban unit. In a release early Tuesday morning, the union says workers will be in a legal strike position as of Friday if negotiated settlements […]

Banner week for US markets

TORONTO — Canada’s main stock index moved lower Friday, weighed down by base metals and energy stocks as the price of oil fell, while U.S. markets cruised to close Wall Street’s best week this year on a wave of post-election bets. President-elect Donald Trump is perceived as being market-friendly and pro-business, said Kevin Burkett, portfolio […]

Canada Post gets into banking

Two years after the failed launch of a lending program, Canada Post is making another foray into banking services. The postal service confirmed Friday that it will be offering a chequing and savings account in partnership with Koho Financial Inc. The accounts will be launched nationally next year, though Canada Post employees will be offered […]

Index continues Trump win surge

TORONTO — Canada’s main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed. Markets largely continued their post-election rally after Republican candidate Donald Trump won a decisive victory, though the Dow, which gained more than 3% Wednesday, was essentially flat to end Thursday […]

Markets soar after Trump win

TORONTO — U.S. stocks surged Wednesday after Republican candidate Donald Trump won the election, with the Dow Jones industrial average gaining 3.6% and Canadian markets rising by 1%. The day was marked by economic optimism, with plenty of the “Trump trades”—areas projected to do well under the new president’s policies—flying high, said Michael Greenberg, head […]

Canada hopeful about US trade

Donald Trump’s impending return to the White House has cast a spotlight on Canada-U.S. economic ties amid worries that the president-elect’s protectionist stance could complicate the vast levels of trade between the two countries. Some Canadian business leaders have expressed uneasiness over Trump’s promise to introduce a universal 10% tariff on all American imports. A […]

Markets ride election day wave

TORONTO — Strength in base metal stocks helped boost Canada’s main stock index on Tuesday, while U.S. markets also climbed as Americans headed to the polls for election day. Markets historically do well on election days, and then not as well the rest of the week, said Michael Currie, senior investment adviser at TD Wealth. […]

Surge in massive TV sales

NEW YORK — For some television viewers, size apparently does matter. Forget the 65-inch TVs that were considered bigger than average a decade ago. In time for the holidays, manufacturers and retailers are rolling out more XXL screens measuring more than 8 feet diagonally. That’s wider than a standard three-seat sofa or a king-size bed. […]