Home Capital Group Inc.'s shares plunged nearly 65 per cent on Wednesday, pulling down the stocks of other alternative mortgage lenders along with it.
In the U.S., the Dow Jones Industrial Average decreased 0.10 per cent, the S&P 500 index lost 0.05 per cent, and the Nasdaq composite index was relatively unchanged.
Donald Trump's aggressive tax-cut proposal is seen as a hard sell to Congress. What's surprising is that investors don't seem to be buying the value, or possibility, of a large rate cut, either.
The Nova Scotia government introduced a balanced budget on Thursday with all the makings of an election document, including tax cuts, increased spending and a host of new programs aimed at every key voting demographic.
Southwest Airlines says it plans to stop overbooking flights - an industry practice implicated in an ugly incident on a United Airlines flight that has damaged United's reputation with the flying public.