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  • Wed, March 5, 2025

by: bnnbloomberg

Hoping to file your 2024 taxes early? You might have trouble online

If you're someone who likes filing your taxes early, you could run into trouble this year. While the Canada Revenue Agency has been accepting online tax returns since Feb. 24, many eager filers have found themselves unable to click the "submit" button.
  • Tue, March 4, 2025

by: bnnbloomberg

JPMorgan traders turn glum on U.S. stocks, expecting tariff pain

As President Donald Trump unleashes a salvo of tariffs on nations around the globe, the trading desk at JPMorgan Chase & Co. is bracing for US equities to extend losses as levies weigh on growth at home and overseas.
  • Mon, March 3, 2025

by: bnnbloomberg

Investors Are Scouring Emerging Markets for Trump-Proof Bets

From China's artificial-intelligence successes to Dubai's immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump's trade agenda.
  • Tue, February 18, 2025

by: bnnbloomberg

YouTuber Is Closing His ETF After Performance Woes, Soaring Costs

A popular YouTuber is closing down his actively-managed exchange-traded fund after it underperformed the market and ran up against the costs of doing business in the competitive ETF industry.
  • Mon, February 17, 2025

by: bnnbloomberg

Steelmaker Thyssenkrupp Soars as Defense Gains Add to IPO Merits

Shares of Thyssenkrupp AG jumped the most in years as investors focused on the German steelmaker's plans to conduct an initial public offering.
  • Tue, February 11, 2025

by: bnnbloomberg

Trump imposes 25% tariffs on steel, aluminum

U.S. President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%.
  • Mon, February 10, 2025

by: bnnbloomberg

Live updates: Poilievre says he'd match Trump's threatened steel, aluminum tariffs if he was PM

Conservative Leader Pierre Poilievre says that he would implement matching tariffs on American steel and aluminum if he was prime minister.
  • Fri, February 7, 2025

by: bnnbloomberg

DeepSeek shock fires up bullish bets on cheap China tech stocks

China's growing clout in the artificial intelligence space has sparked a wave of optimism toward the nation's tech shares, with a gauge entering a bull market and brokers issuing upbeat calls.

by: bnnbloomberg

How to save for a home: the First Home Savings Account explained

The First Home Savings Account (FHSA) is a new tool to help first-time prospective home buyers save for a down payment on their first home. Personal finance contributor Christopher Liew explains how the FHSA works,
  • Wed, February 5, 2025

by: bnnbloomberg

US Stock Futures Fall as Alphabet, AMD Tumble: Markets Wrap

US equity futures dropped as investors navigate the trade war and a busy slate of earnings from some of the world's biggest companies.
  • Tue, February 4, 2025

by: bnnbloomberg

Canada Banks, Consumer Stocks Still at Risk Despite Tariff Delay

Canadian stocks rose Tuesday after an agreement between Prime Minister Justin Trudeau's government and the White House to delay proposed tariffs. But investors shouldn't get lulled into thinking that's the end of the trade drama,
  • Wed, January 29, 2025

by: bnnbloomberg

Goldman Strategists Say Tech Selloff Was No Bear Market Signal

The tech-led selloff in US equities at the start of this week was just a blip, given the positive outlook for the economy, according to Goldman Sachs Group Inc. strategists.
  • Tue, January 28, 2025

by: bnnbloomberg

Hedge-Fund Options Bet Surged Most Since 2020 in Tech Tumult

There was a surprising winner from the market carnage that unfolded on Monday: A popular options strategy that bets on calm.
  • Mon, January 27, 2025

by: bnnbloomberg

Power Providers Drop With Big Tech on DeepSeek AI Worry

A selloff in global technology stocks is causing shockwaves beyond chipmakers and the Magnificent Seven to companies expected to power the sector.
  • Wed, January 22, 2025

by: bnnbloomberg

S&P 500 Hits Record High as AI Powers Tech Rally: Markets Wrap

A rally in big tech and a batch of earnings from corporate heavyweights drove stocks to the brink of all-time highs in a continuation of the advance fueled by the strength of Corporate America.

by: bnnbloomberg

Trade War Threatens Canadian Banks Stocks' Rally After 27% Surge

The rally in Canadian bank equities is at risk from a potential trade war that would quickly cause a surge in unemployment and loan defaults, analysts at National Bank of Canada said.
  • Tue, January 21, 2025

by: bnnbloomberg

Lode Gold looks to unlock value on gold projects in Canada, U.S.

Building on this potential, Lode Gold Resources Inc. (TSXV: LOD | OTCQB: LODFF) is led by CEO and Director Wendy T. Chan and her team, who are focused on creating value and maximizing returns on investments across the short, mid, and long term.
  • Fri, January 17, 2025

by: bnnbloomberg

Traders Ditch Emerging Markets in Rocky Start of the Year

Investors are yanking money from emerging markets at the start of 2025 as they weigh how many of Donald Trump's threats will become policy upon his return to the White House next week.
  • Wed, January 15, 2025

by: bnnbloomberg

Canada, U.S. poised for growth in 2025 amid uncertainty: Edward Jones

A new report says positive gains for U.S. and Canadian economies as well as financial markets are expected to continue in 2025 despite uncertainty around U.S. policy.
  • Wed, January 1, 2025

by: bnnbloomberg

Indian Smallcaps Face Earnings Test as 2025 Begins

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
  • Sun, December 29, 2024

by: bnnbloomberg

S&P 500's 2024 Rally Shocked Forecasters Expecting It to Fizzle

By this time last year, the stock market's rally had blown past even the most optimistic targets and Wall Street forecasters were convinced it couldn't keep up the dizzying pace.
  • Tue, December 24, 2024

by: bnnbloomberg

Japan's 2024 Stock Rally Brought Meager Returns in Dollar Terms

The benchmark Topix index reached a record high in 2024 and rose around 15%. But the dollar-denominated gains are a meager 3% as the yen tumbled around 10% against the greenback. That's far below those posted by its global peers, including the S&P 500 and the Hang Seng China Enterprises Index in US currency terms, which both rose over 25%.

by: bnnbloomberg

Indian Investors Get Reminded About Hidden Risks of Small Cap Stocks

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
  • Thu, December 19, 2024

by: bnnbloomberg

Volatility Futures Show Equities Fear Limited to Near Term

The Federal Reserve's hawkish signaling on Wednesday sent US stocks tumbling and drove a key index of volatility to the highest level since August, but markets are indicating that concern may be limited to the near-term.

by: bnnbloomberg

S&P 500 Buyers Step in Ahead of Fed Meet Despite Narrow Breadth

While concern has grown in the past week that narrowing market breadth has tapped the brakes on the S&P 500 Index's blistering rally, it turns out that stock bulls are still stepping in to snap up shares ahead of the Federal Reserve's interest-rate decision.
  • Wed, December 18, 2024

by: bnnbloomberg

European Stocks Cap Four Days of Losses as Focus Shifts to Fed

European stocks held steady after sliding for four straight days as investors awaited the Federal Reserve's interest-rate decision for clues on the path of monetary policy next year.
  • Tue, December 17, 2024

by: bnnbloomberg

Wall Street's Smart-Trade Complex Booms Even as Simple Bets Win

Wall Street's printing press for complex investment products is having a blockbuster year, minting fees for bankers, hedge fund managers and ETF issuers.

by: bnnbloomberg

BofA Says Stocks Flash Sell Signal After Cash Holdings Tumble

Fund managers have been reducing cash holdings to a record low and pouring money into US stocks, triggering a metric that Bank of America Corp. says could be a signal to sell global equities.
  • Fri, December 13, 2024

by: bnnbloomberg

Day-Trader Spirits Prove Hard to Kill at Market's Riskiest Edges

A five-day runup in Treasury yields finally tamped down the post-election fervor in big US stocks this week. Not so at the market's speculative edges, where Bitcoin and its memed-up cousins keep testing the limits of speculative zeal.
  • Fri, December 6, 2024

by: bnnbloomberg

BlackRock's Big Bet on GIP Puts Fink's Firm in Local Spotlight

In the port city of Duluth, Minnesota, local activists and Washington-based groups are coalescing to scrutinize — and possibly stall — a $6.2 billion acquisition of a power utility led by Global Infrastructure Partners.

by: bnnbloomberg

A $500 Billion Haul Reignites Passive Controversy on Wall Street

The passive-investing juggernaut is picking up speed — and it's stirring up fresh angst about the dangers posed by the index-tracking boom across Wall Street.

Hoping to file your 2024 taxes early? You might have trouble online

If you're someone who likes filing your taxes early, you could run into trouble this year. While the Canada Revenue Agency has been accepting online tax returns since Feb. 24, many eager filers have found themselves unable to click the "submit" button.
The article from BNN Bloomberg discusses the challenges Canadians might face when attempting to file their 2024 taxes early online. It highlights that due to the implementation of new tax software by the Canada Revenue Agency (CRA) and updates to tax laws, there could be delays and technical issues. The CRA has been working on improving its systems, but the transition might lead to slower processing times and potential errors in tax filings. Taxpayers are advised to be patient, ensure all their documents are in order, and possibly consider filing closer to the deadline if they encounter significant issues. Additionally, the article suggests that those who file early might not receive their refunds as quickly as in previous years due to these system changes.

Read the Full bnnbloomberg Article at:
https://www.bnnbloomberg.ca/investing/personal-finance/2025/03/05/hoping-to-file-your-2024-taxes-early-you-might-have-trouble-online/


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