One sector now owns more than a third of the TSX
Bank shares now decide where the whole index goes, and that cuts both ways

Bank shares now decide where the whole index goes, and that cuts both ways

Savvy Wealth founder and CEO Ritik Malhotra. Credit: Savvy Wealth/ Businesswire. AI-native advisory platform Savvy Wealth has completed a $100m Series C funding round, with Halo Fund as the lead investor. Existing backers that joined the round included Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures and…
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A Florida grand jury found that Republican Gov. Ron DeSantis’ administration “misappropriated” $10 million in taxpayer money it diverted to a charity connected to his wife, but it declined to file criminal charges due to a lack of evidence indicating who specifically was responsible. DeSantis on Thursday did not dispute the legitimacy of the secret…
Soybeans are slipping back 1 to 7 cents so far early on Tuesday morning. Futures were in rally mode on Monday, with contracts posting 20 to 23 1/4 cent gains and other contracts 10 ¾ to 18 ¼ cents higher. Preliminary open interest rose 14,871 contracts on Monday, suggesting new buying interest. The cmdtyView national…
Sports bettors are entering the busy season as football kicks off, with Americans expected to have legally wagered $29.5 billion on the NFL alone by the time the Super Bowl winners lift the Lombardi Trophy in February. Sports betting is now legal in 39 states plus Washington, D.C., and sportsbooks have seen rapid growth over…
Just the Tip: A 1% difference in mortgage rate on a $350,000 loan costs or saves roughly $70,000 in total interest over 30 years. Get quotes from at least three lenders, including banks, credit unions, and mortgage brokers, before committing. Rates vary more than most buyers expect, and lenders are competing for your business. Subscribe…