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Canada’s depressed dollar could be a swing factor for Black Friday
As Americans prepare to pack it in for Thanksgiving, the weak loonie could prove to be an irresistible lure for shoppers seeking discounts on Black Friday. The Canadian dollar is 14 percent cheaper than it was last time consumers camped out for door crasher specials.
Posted on 11-25-2015 at 10:39 AM
U.S. new home sales rebound strongly in October
With a surge in U.S. home sales during the month of October, the bounce back should offer some assurance that the housing market remains on solid ground despite declines last month in home resales, housing starts and confidence among builders.
Posted on 11-25-2015 at 10:22 AM
U.S. jobless claims fall more than expected
The number of Americans filing for unemployment benefits fell more than expected last week, drifting back to near 42-year lows as labor market conditions continue to tighten.
Posted on 11-25-2015 at 9:53 AM
U.S. consumer spending posts tepid gain in October
U.S. consumer spending rose slightly in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years, pointing to moderate economic growth in the fourth quarter.
Posted on 11-25-2015 at 9:40 AM
Big brands try to attract milennials with Periscope's live streaming service
It is still early days for Periscope, but some big brand companies are taking a chance on the live-streaming video service in order to attract the young, millennial consumer.
Posted on 11-25-2015 at 8:54 AM
Mortgage rates tick higher as banks reverse course on ultra-low rate trend
Mortgage rates are on the rise in Canada, a trend that could cool the housing market even as the economy struggles to recover from the effects of low oil prices.
Posted on 11-25-2015 at 7:42 AM
Deere tops Street estimates, despite profit and sales drop
Deere & Co. posted higher-than-expected quarterly earnings even as weak global demand for farm equipment and soft commodity prices pressured sales.
Posted on 11-25-2015 at 7:26 AM
Canada's economy moving out of recession: BoC deputy governor
Canada's economy is rebounding following a modest contraction in the first half of the year, boosted by non-energy exports and investment, which will help growth reach 2-1/2 percent in 2017, Bank of Canada Deputy Governor Lynn Patterson said on Tuesday.
Posted on 11-25-2015 at 7:10 AM

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