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. Brady Yauch, BNN.ca Posted on 5-17-2013 at 1:45 PM
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... Leah Schnurr, Reuters Posted on 5-17-2013 at 10:27 AM
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,... Reuters Posted on 5-17-2013 at 8:42 AM
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. Ingrid Melander, Reuters Posted on 5-17-2013 at 8:13 AM
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... Poornima Gupta, Reuters Posted on 5-16-2013 at 4:47 PM
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... Andrea Hopkins, Reuters Posted on 5-16-2013 at 2:26 PM
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. Jan Harvey and Clara Denina, Reuters Posted on 5-16-2013 at 2:01 PM
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. Louise Egan, Reuters Posted on 5-16-2013 at 1:49 PM