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Economy News

Vacant positions and Canada's weakening labour market

Vacant positions and Canada's weakening labour market

Clouds are gathering over Canada's labour market, providing yet more ammunition to investors who believe the Bank of Canada is nowhere near hiking its benchmark interest rate.

Posted on 5-23-2013 at 1:22 PM
Bank of Canada rate hike view pushed to last quarter of 2014

Bank of Canada rate hike view pushed to last quarter of 2014

The Bank of Canada's next interest rate hike won't come until the fourth quarter of 2014, according to a Reuters survey that saw economists push back forecasts for the next tightening due...

Posted on 5-23-2013 at 1:00 PM
Dan Haugh, president, PTI Securities in Chicagoplay

Shares volatile on uncertain growth outlook

U.S. stocks and bonds were volatile on Thursday, alternating between steep losses and break-even levels as investors questioned the pace of economic growth and when the U.S. Federal...

Posted on 5-23-2013 at 9:58 AM
Signs of weakness mar UK economic growth

Signs of weakness mar UK economic growth

Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising...

Posted on 5-23-2013 at 8:31 AM
ECB seeks new tools while Fed toys with exit

ECB seeks new tools while Fed toys with exit

The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting...

Posted on 5-23-2013 at 8:21 AM
Gap first-quarter profit rises 43 percent

Gap first-quarter profit rises 43 percent

Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia.

Posted on 5-23-2013 at 4:33 PM
Retail sales flat but higher volumes spur optimism

Retail sales flat but higher volumes spur optimism

Falling gasoline prices kept the value of Canadian retail sales unchanged in March from February, but analysts said a sharp rise in volumes signals the economy was more robust than expected...

Posted on 5-22-2013 at 8:55 AM
play

Fed wants more progress before bond tapering

Many Federal Reserve officials earlier this month wanted to see more evidence that the U.S. economy was recovering before shifting toward a tapering of their bond purchase program, the Fed...

Posted on 5-22-2013 at 2:11 PM

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