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Patrick Newport, U.S. Economists, IHS Global Insight.play

U.S. existing home sales highest in almost 3-1/2 years

U.S. home resales rose in April to the highest level in nearly 3-1/2 years, which should support the housing sector and the overall economic recovery.
Lucia Mutikani, Reuters
Posted on 5-22-2013 at 10:55 AM
eter Kenny, Managing Director, Knight Capital Groupplay

Bernanke offers no hint of pullback in Fed stimulus

The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben...
Pedro da Costa and Alister Bull, Reuters
Posted on 5-22-2013 at 10:10 AM
Rock Lefebvre, CGA-Canada’s Vice-President of Research and Standardsplay

29% of households living paycheque to paycheque

Nearly one-third of Canadian households over the past year never or almost never had enough money left over after paying essential expenses, says a new report.
Bertrand Marotte, The Globe and Mail
Posted on 5-22-2013 at 9:22 AM
Too soon to dial back Fed stimulus: Dudley

Too soon to dial back Fed stimulus: Dudley

It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three...
Jonathan Spicer, Reuters
Posted on 5-22-2013 at 9:01 AM
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...
David Ljunggren, Reuters
Posted on 5-22-2013 at 8:55 AM
Ireland feels the heat from Apple tax row

Ireland feels the heat from Apple tax row

Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant...
Carmel Crimmins and Conor Humphries, Reuters
Posted on 5-22-2013 at 8:49 AM
Credit rating firms sow doubt on euro zone bond rally

Credit rating firms sow doubt on euro zone bond rally

Credit rating firms say they could further downgrade the ratings of highly indebted euro zone countries, putting their bonds at risk of being pitched out of global indexes and reversing a...
Reuters
Posted on 5-22-2013 at 8:44 AM
Staples quarterly profit misses analysts' estimates

Staples quarterly profit misses analysts' estimates

Staples Inc. reported a slightly lower-than-expected quarterly profit on Wednesday, hurt by a stronger dollar and weak sales in Europe and Australia.
Dhanya Skariachan, Reuters
Posted on 5-22-2013 at 8:18 AM
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