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Economy News

TSX shrugs off weak oil, gold prices on solid earnings

Decent earnings reports from several resource stocks and a major telecom company helped Canada's main stock index keep intact a string of all-time highs on Thursday, despite slips in oil...

Posted on 7-24-2014 at 5:37 PM
IMF cuts 2014 global forecast after slowdowns in China, U.S.

IMF cuts 2014 global forecast after slowdowns in China, U.S.

The International Monetary Fund lowered its outlook for global growth this year as expansions weaken from China to the U.S. and military conflicts raise the risk of a surge in oil prices.

Posted on 7-24-2014 at 2:39 PM
IMF slashes U.S. outlook, but sees better 2015

IMF slashes U.S. outlook, but sees better 2015

The International Monetary Fund slashed its outlook for U.S. economic growth this year, the latest reminder of the toll an unusually difficult winter took on the country’s recovery.

Posted on 7-23-2014 at 2:59 PM
S&P 500 rises to record on Apple, biotech results; Dow retreats

S&P 500 rises to record on Apple, biotech results; Dow retreats

The Standard & Poor’s 500 index rose to an all-time high, as Apple Inc. boosted technology companies and health-care shares rallied amid earnings. Boeing Co.’s results dragged the Dow...

Posted on 7-23-2014 at 2:45 PM
Strong auto sales drive retail sales in May to new record

Strong auto sales drive retail sales in May to new record

Strong car sales helped push Canadian retail trade up by 0.7 percent in May to $41.98-billion, eclipsing April’s record sales, Statistics Canada reported on Wednesday.

Posted on 7-23-2014 at 9:13 AM
Alberta oil dominates an increasingly unbalanced Canadian economy

Alberta oil dominates an increasingly unbalanced Canadian economy

In Canada’s economy there’s Alberta, and there’s everywhere else.

Posted on 7-23-2014 at 8:23 AM

U.S. consumer inflation rises on high gasoline prices

U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures.

Posted on 7-22-2014 at 9:30 AM
Most Canadians unfazed by worst labour market slump since 2009

Most Canadians unfazed by worst labour market slump since 2009

Canada's worst labour-market slump since the 2009 recession, a source of worry for policy makers, is hardly being noticed.

Posted on 7-21-2014 at 2:22 PM

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