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Economy News

Paul Masson, fellow at C.D. Howe Instituteplay

Central banks looking for an exit strategy

While central banks were celebrated for their bold steps in the wake of the financial crisis, how they exit those policies is proving to be far more difficult and contentious.

Posted on 5-17-2013 at 1:45 PM
May U.S. consumer sentiment rises to highest in nearly 6 years

May U.S. consumer sentiment rises to highest in nearly 6 years

U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among...

Posted on 5-17-2013 at 10:27 AM
Avery Shenfeld, Chief Economist, CIBC World Marketsplay

April inflation well under forecast, BoC range

Cheaper gasoline and cars helped Canada's annual inflation rate fall dramatically in April to 0.4 percent from 1.0 percent in March -- its lowest rate since 0.1 percent in October 2009,...

Posted on 5-17-2013 at 8:42 AM
ECB to keep monetary policy loose for as long as needed

ECB to keep monetary policy loose for as long as needed

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.

Posted on 5-17-2013 at 8:13 AM
Ashok Kumar, Senior Technology Analyst, Maxim Group play

Dell's profit dives as billionaire battle rages on

Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales...

Posted on 5-16-2013 at 4:47 PM
CPPIB notches 10% return, eyes infrastructure, private equity deals

CPPIB notches 10% return, eyes infrastructure, private equity deals

The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said a glut of cheap capital may mean it makes fewer big purchases in 2014, but it sees big opportunities in...

Posted on 5-16-2013 at 2:26 PM
Mihir Dange, Metals Options Trader, Amarok Capitalplay

Gold slides to 4-week low as investors sidestep bullion

Gold hit a four-week low on Thursday, declining for a sixth straight day for the first time in more than four years, as investors spooked by recent price falls favoured other assets.

Posted on 5-16-2013 at 2:01 PM
Emanuella Enenajor, Economist, CIBC World Marketsplay

Bank of Canada sees unorthodox-policy benefits outweighing risks

The risks of unconventional policies pursued by major central banks since the financial crisis appear to be minor compared with the benefits, Bank of Canada researchers said on Thursday.

Posted on 5-16-2013 at 1:49 PM

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