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Only a small handful of stocks are keeping the U.S. stock market afloat. Plus, a 10-year look at equities vs. housing returns
Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files. REUTERS/File Photos
Canada’s Competition Bureau to investigate oil sands group over advertising
Alberta has signed an agreement with the federal government that makes major cuts to environmental monitoring of the oilsands. An oil worker holds raw sand bitumen near Fort McMurray, Alta., July 9, 2008. THE CANADIAN PRESS/Jeff McIntosh
Should the CRTC ban Fox from Canada’s airwaves?
Peter Menzies
What I learned from the man who might unseat Erdogan
Doug Saunders
U.S. consumer sentiment drops to six-month low in May
FILE PHOTO: FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela/File Photo/File Photo
Gordon Pape: Despite showing first-quarter weakness, these trucking stocks are worthy of investor attention
Trucks cross the Ambassador Bridge from Windsor, Ont. into Detroit on June 12, 2018.
One dead, three wounded in shooting outside Indianapolis fast-food restaurant
Police tape cordons off the scene of a fatal shooting in Philadelphia, Friday, April 28, 2023. (AP Photo/Matt Rourke)
Iraq expects TotalEnergies to begin US$27-billion project in second half of 2023
FILE PHOTO: The logo of French energy group TotalEnergies is seen at a petrol station in Bugnicourt, France, October 8, 2022. REUTERS/Pascal Rossignol
The professional’s favourite keyboard: Remembering the power of BlackBerry
Jim Balsillie, Chairman and Co-CEO of Reasearch In Motion Limited. He is holding a Blackberry 7230 Wireless Handheld (TM). Pictures taken on Nov.5/03 Photo by Tibor Kolley
Amplify: Entering motherhood at 38 years young
Michelle Da Silva, Audience Growth Editor with the Globe and Mail, is photographed on June 22, 2022. Fred Lum/The Globe and Mail.
Investors cut deal for downtown Vancouver condo
Done Deal, 1050 Burrard St., No. 1505, Vancouver.
Auger-Aliassime, Andreescu and Dabrowski all bounced from Italian Open
Felix Auger-Aliassime, of Canada, returns to Pedro Martinez, of Spain, at the BNP Paribas Open tennis tournament Saturday, March 11, 2023, in Indian Wells, Calif. (AP Photo/Mark J. Terrill)
Canopy to refile some past financial results after finding BioSteel ‘material misstatements’
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo
Market movers: Stocks that saw action on Friday - and why
Exterior of Sun Life Financial Inc.’s Toronto office tower, are photographed on Nov 15, 2021.
Fairfax Financial more than doubles first-quarter earnings at US$1.3-billion
Shareholders attend the Fairfax Financial Holdings annual general meeting in Toronto on Wednesday, April 9, 2014. THE CANADIAN PRESS/Nathan Denette
McDonald’s found liable for hot Chicken McNugget that fell from Happy Meal and burned girl in Florida
FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company McDonald's (MCD) is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson/File Photo
Idaho jury convicts Lori Vallow Daybell of murdering 2 children, romantic rival
FILE - A boy looks at a memorial for Tylee Ryan and Joshua "JJ" Vallow in Rexburg, Idaho, on June 11, 2020. The sister of Tammy Daybell, who was killed in what prosecutors say was a doomsday-focused plot, told jurors Friday, April 28, 2023, that her sister's funeral was held so quickly that some family members couldn't attend. The testimony came in the triple murder trial of Lori Vallow Daybell, who is accused along with Chad Daybell in Tammy's death and the deaths of Vallow Daybell's two youngest children. (John Roark/The Idaho Post-Register via AP, File)
Elon Musk confirms Twitter’s new CEO is ad guru Linda Yaccarino from NBCUniversal
(FILES) In this file photo taken on October 28, 2022 the Twitter logo is seen on the exterior of Twitter headquarters in San Francisco, California. Elon Musk on May 11, 2023 said that he has hired someone to replace him as boss of Twitter and its newly named X Corporation parent. "Excited to announce that I've hired a new CEO for X/Twitter," Musk said in a tweet, adding that she would start in the job in about six weeks. (Photo by Constanza HEVIA / AFP) (Photo by CONSTANZA HEVIA/AFP via Getty Images)
What makes cocoa ‘fair trade’? Understanding the labels on chocolate
Is Disney World with a teen worth the trip?
Photo for Disney Mother’s Day story. By Marsha Lederman. Marsha and her son on the Tron ride.
British tech entrepreneur Mike Lynch extradited to the U.S. on fraud charges
FILE PHOTO: British entrepreneur Mike Lynch arrives at Westminster Magistrates Court in London, Britain, February 12, 2021. REUTERS/Toby Melville
Uncertainty clouds U.S. transition at Mexico border as new rules take effect
Camping out in the gap between the two border fences separating Tijuana and San Diego, migrants wait to be processed by U.S. officials on Thursday, May 11, 2023. Title 42, the federal policy that had limited illegal immigration into the U.S. for more than three years, expired at 11:59 p.m. on Thursday. (Mark Abramson/The New York Times)
Interest rates likely to rise further if inflation stays high, Fed’s Michelle Bowman says
FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo
Crescent Point Energy reports first-quarter profit down from year ago
FILE PHOTO: Roughnecks operate a drilling rig for Crescent Point Energy near Oungre, Saskatchewan in this picture taken June 20, 2012. REUTERS/Rod Nickel/File Photo
Cocoa farmers in Africa and Latin America bear the cost of keeping chocolate cheap
Felicien Angui, a cocoa farmer of the locality of Akoupé, located 142 km from Abidjan in the south-east of Côte d'Ivoire, in the process of crack his cocoa. Using a machete, he opens the cocoa pods to extract the beans, a crucial step in the processing of this culture. The photo illustrates the hard work and meticulousness of the cocoa growers in the region, which play a vital role in the economy local.
The highest-yielding stocks on the TSX, plus risk data
The TSX logo is seen in Toronto in this file photo.
Erdogan rival accuses Russia of ‘deep fake’ campaign ahead of presidential vote
Banner of Kemal Kilicdaroglu, presidential candidate of Turkey's main opposition alliance, hangs on a bloc, ahead of the May 14 presidential and parliamentary elections, in Ankara, Turkey May 12, 2023. REUTERS/Yves Herman
Record U.S. crude exports, rising shale output boost oil flow to Houston
FILE PHOTO: The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo
Heading into earnings season for Canadian banks, a BMO analyst makes his top picks
The Royal Bank Plaza (gold coloured building) located on the north west corner of Front St. West and Bay St. in Toronto’s Financial District, is photographed on May 11.
Downtown Winnipeg project to include health-care expansion
Manitoba Premier Heather Stefanson stands in the Manitoba Legislative Building, in Winnipeg, Tuesday, March 7, 2023. Plans to revamp a downtown Winnipeg shopping centre are set to be announced today.THE CANADIAN PRESS/David Lipnowski
Tesla raises U.S. prices for all its vehicles except Model 3
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. To match Special Report TESLA-PRIVACY/CAMERAS. REUTERS/Aly Song/File Photo
First Nation did not prove Aboriginal title for entire claim area, B.C. Supreme Court rules
Members of the Nuchatlaht First Nation and supporters rally outside B.C. Supreme Court before the start of an Indigenous land title case, in Vancouver, on Monday, March 21, 2022. A British Columbia Supreme Court judge says the First Nation did not prove it had rights to its entire claim area, although he suggested it may be time for the provincial government to rethink its current test for such titles. THE CANADIAN PRESS/Darryl Dyck
The Catholic Oblates must be fully transparent about the sins they may have wrought
Tanya Talaga
What happens when back home becomes a war zone?
Smoke rises in Omdurman, near Halfaya Bridge, during clashes between the Paramilitary Rapid Support Forces and the army as seen from Khartoum North, Sudan April 15, 2023. REUTERS/Mohamed Nureldin Abdallah
To David Johnston: Canada needs a public inquiry
Former governor general David Johnston appears before a Commons committee reviewing his nomination as elections debates commissioner on Parliament Hill in Ottawa on Tuesday, Nov. 6, 2018. Opposition parties continue to call for a public inquiry on foreign interference, but the NDP are welcoming Prime Minister Justin Trudeau's choice of a special rapporteur. THE CANADIAN PRESS/Sean Kilpatrick
We should all take a lesson in humility from science, and know what we don’t know
An opponent of former US president Donald Trump protests in front of Trump supporters outside the Manhattan District Attorney's office in New York on April 4, 2023. - Former US president Donald Trump arrived for a historic court appearance in New York on Tuesday, facing criminal charges that threaten to upend the 2024 White House race. (Photo by Leonardo Munoz / AFP) (Photo by LEONARDO MUNOZ/AFP via Getty Images)
100 million Canadians by 2100 may not be federal policy, but it should be – even if it makes Quebec howl
Andrew Coyne
Launching constitutional reform in Canada would be a terrible idea
Prime Minister Pierre Trudeau sits with Queen Elizabeth II to sign the constitutional proclamation in Ottawa before 30,000 people, April 18, 1982. Surrounding the table are from left Jean Chretien, Andre Ouellet, Gerald Regan, Michael Pitfield and Michael Kirby. Photo by John McNeill / The Globe and Mail
Busy film slate has Cineplex CEO confident about future as first-quarter loss narrows
FILE PHOTO: A Cineplex movie theatre sign looms over Yonge street in Toronto, Ontario, Canada, March 16, 2020. REUTERS/Chris Helgren/File Photo
Onex swings to first-quarter loss, hits pause on key fund as new CEO plots turnaround
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012. Shares in Gluskin Sheff + Associates Inc. soared nearly 30 per cent after the company signed a deal to be acquired by private equity firm Onex Corp. worth $445 million. Gluskin Sheff shares were up $3.18 at $14.35 in trading on the Toronto Stock Exchange late Monday morning. Onex announced its friendly offer for Gluskin Sheff of $14.25 per share after the close of markets on Friday. THE CANADIAN PRESS/Nathan Denette
Palestinian militants, Israeli military exchange fire despite efforts to broker truce
Smoke rises from an explosion caused by an Israeli airstrike, in Gaza Strip, Friday, May 12, 2023. (AP Photo/Hatem Moussa)
Canadians in China shrug off diplomatic spat, but fear worsening business environment
A security guard walks at the Canada's Consulate General, in Shanghai, China, May 10, 2023. REUTERS/Aly Song
Britain’s economy made slow start to 2023 as inflation headwinds persist
FILE PHOTO: Workers cross London Bridge during the morning rush hour in London, Britain, March 10, 2023. REUTERS/Toby Melville
The stock markets versus housing: A 10-year look
A house at 300 Dudley Ave in Toronto on Mar. 5, 2012
Warring Sudanese factions continue fighting after failing to agree to ceasefire
Smoke rises above buildings in Khartoum on May 12, 2023, as fighting between the forces of two rival generals continues. Warplanes roared overhead as explosions rocked Khartoum on Friday, hours after Sudan's warring parties signed a commitment to respect humanitarian principles in their spiralling conflict, without a truce in sight. (Photo by AFP) (Photo by -/AFP via Getty Images)
Inflation in Canada likely slowed again in April, but economists say wage growth a top concern
FILE PHOTO: FILE PHOTO: A person pushes a shopping cart through the produce section of a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo
Ukraine says it has retaken territory near embattled eastern city of Bakhmut
Ukrainian servicemen ride atop of a tank on a road to the frontline town of Bakhmut, amid Russia's attack on Ukraine, in Donetsk region, Ukraine May 12, 2023. REUTERS/Sofiia Gatilova TPX IMAGES OF THE DAY
Air Canada posts second profitable quarter in a row as travellers return to the skies
FILE PHOTO: An Air Canada plane is seen in the air after departing from Pearson International Airport in Toronto, Ontario, Canada May 16, 2022. REUTERS/Carlos Osorio/File Photo
Still some uncertainty about when U.S. Treasury will run out of cash, Yellen says
U.S. Treasury Secretary Janet Yellen takes questions from journalists during a press conference, at the G7 meeting of Finance Ministers and Central Bank Governors, at Toki Messe in Niigata, Japan, Thursday, May 11, 2023. (AP Photo/Shuji Kajiyama, Pool)
Friday’s analyst upgrades and downgrades
Rolls of coiled coated steel are shown at Stelco before a visit by Global Affairs Minister Chrystia Freeland, in Hamilton on Friday, June 29, 2018.
Former Pakistani PM Imran Khan granted bail, leaves court
Security officers escort Pakistan's former Prime Minister Imran Khan, as he appeared in Islamabad High Court, Islamabad, Pakistan May 12, 2023. REUTERS/Akhtar Soomro
Advice from a pro on how to clean your car after a rough winter
Professional detailer Jimmy Trepanier, founder of MT Autosport in Gatineau, Que., advises drivers to use a dedicated car wash soap, which is PH neutral and safe for paint.
A guide to container gardening in Canada
Why this ‘Momfluenced’ author hates Mother’s Day
Sara Petersen by Winky Lewis.jpg Sara Petersen
Top garden trends for 2023: Ground cover, vertical planters, allergy-friendly plants
My Vegepod with corn, veggies, herbs and flowers.jpeg PUR-DE-INDOORGARDEN-1011 For those with balcony or container gardens, summerÕs end doesnÕt have to mean the end of growing season Niki Jabbour Container Garden fodler
In his new Sundays cookbook, author Mark Pupo captures the joys his mom and son found in the kitchen
Mark Pupo with his son, please credit Jenna Marie Wakani.
A free press needs the free market
Prime Minister Justin Trudeau speaks to reporters at the Liberal party convention in Ottawa, Friday May 5, 2023. THE CANADIAN PRESS/Sean Kilpatrick
How would my memoir, Drunk Mom, have been received in the post-#MeToo world?
AUSTIN, TEXAS - APRIL 05: A waitress pours a glass of wine for guests at the It's Italian Cucina restaurant on April 05, 2023 in Austin, Texas. A new analysis of more than 40 years of accumulated research has found that moderate drinking has no health benefits. (Photo by Brandon Bell/Getty Images)
Legacy mindsets are the biggest hurdle to making real progress in our workplaces
Focused coworkers, attending an online meeting, from home office
What a 2,500-year-old story can teach Canada about how to deal with China
Tony Keller
B.C. court dismissed proposed class action against Zantac over increased cancer risk, GSK says
FILE PHOTO: A bottle of Zantac heartburn drug is seen in this picture illustration taken October 1, 2019. REUTERS/Brendan McDermid/Illustration
Morning Update: CSIS had kept tabs on expelled Chinese diplomat for three years
A sign for the Canadian Security Intelligence Service building is shown in Ottawa on May 14, 2013. Canada's spy agency is asking a court to toss out the claim of an employee who alleges he endured racial discrimination and physical abuse from colleagues. THE CANADIAN PRESS/Sean Kilpatrick
Oil prices fall on stronger dollar, demand fears
FILE - A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Tuesday, Oct. 12, 2021. Under the Biden administration's Inflation Reduction Act, companies must start producing precise measurements of their methane emissions next year or face fines. (AP Photo/David Goldman, File)
Hollywood studios say Canada is out of step with defining what counts as a Canadian movie
This image released by Fox Searchlight Pictures shows Sally Hawkins, left, and Doug Jones in a scene from the film "The Shape of Water," which is nominated for an Oscar for best picture. THE CANADIAN PRESS/AP-Kerry Hayes/Fox Searchlight Pictures via AP, File
CSIS had kept tabs on expelled Chinese diplomat Zhao Wei for 3 years
Chinese diplomat Zhao Wei
Twelve books that capture the fabulous and fraught nature of motherhood
Superfan: How Pop Culture Broke My Heart, by Jen Sookfong Lee
What’s new and noteworthy in fashion, beauty and design
The downside of AI: Former Google scientist Timnit Gebru warns of the technology’s built-in biases
USE TWO COLUMN ONLY --AI expert Timnit Gebru 6th annual Womxn in data science conference and awards April 26-27, 2003 Toronto Handout
Pierre Poilievre may be on his way to becoming Prime Minister
John Ibbitson
CBC says it has no control of gambling ads during hockey broadcasts
A Scotiabank Arena employee watches the Toronto Maple Leafs take on the Tampa Bay Lightning during NHL first round Stanley Cup playoff hockey action in Toronto, on Thursday, April 27, 2023. THE CANADIAN PRESS/Chris Young
What every Canadian investor needs to know today
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2023. REUTERS/Brendan McDermid
A summit with a ceiling and other world market themes for the week ahead
Police officers go up the station stairs depicting the logo of the G7 Finance Ministers and Central Bank Governors meeting, in Niigata, Japan, Wednesday, May 10.
My favourite scenic drives are more of a tug-of-war for the driver than fun
Andrew Clark
Why BlackBerry’s rise and fall still matters
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
Style Advisor May 2023: Download the full issue
The close: U.S. indexes lower with tech-related shares; consumer sentiment falls
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11.
Why this money manager thinks Canada is the best place to invest over the U.S. right now
Illustration of Robert Gill for The Mover. May 13, 2023. Illustration by Joel Kimmel
The Globe and Mail Bestsellers for the week of May 13, 2023
Books on the shelves
Lainey Wilson triumphs at Academy of Country Music Awards; Chris Stapleton wins top honor
US singer/songwriter Lainey Wilson accepts the Female Artist of the Year Award on stage during the Academy of Country Music (ACM) Awards at Ford Center at the Star in Frisco, Texas, on May 11, 2023. (Photo by SUZANNE CORDEIRO / AFP) (Photo by SUZANNE CORDEIRO/AFP via Getty Images)
Term extension will continue to drive investor interest in GICs, report says
Migrants crossing dense Darien jungle at Colombia-Panama border find increasingly organized route
Haitian migrants wade through water as they cross the Darien Gap from Colombia to Panama in hopes of reaching the U.S., Tuesday, May 9, 2023. Pandemic-related U.S. asylum restrictions, known as Title 42, are to expire Thursday, May 11. (AP Photo/Ivan Valencia)
Nuggets blow past Suns 125-100, advance to Western Conference finals
PHOENIX, ARIZONA - MAY 11: Nikola Jokic #15 of the Denver Nuggets high fives Aaron Gordon #50 during the second quarter in game six of the Western Conference Semifinal Playoffs against the Phoenix Suns at Footprint Center on May 11, 2023 in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Christian Petersen/Getty Images)
Hintz has two goals, Pavelski scores again as Stars take 3-2 series lead over Kraken
DALLAS, TEXAS - MAY 11: Jake Oettinger #29 of the Dallas Stars dishes the puck around Yanni Gourde #37 of the Seattle Kraken during the second period in Game Five of the Second Round of the 2023 Stanley Cup Playoffs at American Airlines Center on May 11, 2023 in Dallas, Texas. (Photo by Carmen Mandato/Getty Images)
Shell halts production at Prelude floating LNG facility
Prelude floating LNG plant is live and operating its FLNG facility off northwest Australia in this undated handout photo obtained June 11, 2019. Royal Dutch Shell Australia/Handout via REUTERS
‘Needing eight shots to kill any game animal is massively cruel, causing it to suffer terribly.’ A reader calls out inhumane hunting, plus other letters to the editor for May 12
Johnny Tavalok wears caribou clothing made for him by his mother before her death, in Gjoa Haven, NT on Wednesday, February 1, 2023. Caribou are a lynch pin in Inuit culture, providing teachings, food and some of the warmest hides for clothes. But caribou are becoming harder to hunt due to environmental pressures and the rising costs of gas and other supplies hunters need—Mr. Tavalok's caribou clothes are now antique and showing their age.
Your daily horoscope: May 12
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