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Traders don’t need Mnuchin to tell them equities are in trouble after he spends the weekend quizzing bank CEOs on their liquidity

Traders don’t need Mnuchin to tell them equities are in trouble after he spends the weekend quizzing bank CEOs on their liquidity

Treasury Secretary Steven Mnuchin plans to convene a call with the President’s Working Group on financial markets on Monday, a panel created in the aftermath of the Crash of 1987.Evan Vucci/AP Photo file If the Treasury Secretary wants to keep tabs on the financial system when the market is tumbling, that’s fine. But the idea

TSX ends the year down 11.6%

For the year, the TSX fell 11.6 per cent.Canadian Press The Toronto Stock Exchange’s S&P/TSX rose 100.86 points, or 0.71 per cent, to 14,322.86. For the year, the TSX fell 11.6 per cent. Leading the index on Monday were Turquoise Hill Resources Ltd, up 6.6 per cent, Semafo Inc, up 6.5 per cent, and Baytex

Mark Zuckerberg halts stock sales as Facebook shares slide

Mark Zuckerberg said in September 2017 that he would unload 35 million to 75 million Facebook shares over the following 18 months as part of a pledge to give away almost all of his fortune during his lifetime.David Paul Morris/Bloomberg Mark Zuckerberg’s multibillion-dollar stock sale ground to a halt in the final months of 2018.

Warren Buffett once said he didn’t invest in tech stocks because he didn’t understand them — he might have been right

Apple dropped to as low as US$144.51 in extended trading, trimming the value of Warren Buffett’s stake by about US$3 billion.AP Photo/Nati Harnik, File Warren Buffett has a questionable track record investing in technology companies. It’s only getting worse with Apple Inc., which had already lost more than US$350 billion in market value since October,

Relax Amazon investors, Jeff and MacKenzie Bezos’ divorce shouldn’t shift the share price

Amazon founder Jeff Bezos, rated the world's wealthiest person, announced on Wednesday on Twitter that he and his wife Mackenzie Bezos were divorcing after a long separation.Jorg Carstensen/AFP Amazon.com Inc founder and Chief Executive Jeff Bezos, the world’s richest man, and wife MacKenzie Bezos are divorcing after 25 years of marriage, the couple said on

RBC and BlackRock team up to form ETF powerhouse

RBC Global Asset Management Inc. and BlackRock Asset Management Canada Ltd., announced a strategic alliance for their ETFs that will unite them under a single brand, RBC iShares.Canadian Press file photo Royal Bank of Canada and BlackRock Inc. have decided to team up to try to dominate the market in Canada for exchange-traded funds. Two of

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