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Economy News

EU officials dismiss Greek reform offer
Despite signs that Prime Minister Alexis Tsipras is adopting a more conciliatory line as time runs short for a deal, the officials in Brussels were quick to declare that Greece’s international lenders would not accept the latest proposals on tax, debt and the budget.
Posted on 6-09-2015 at 8:32 AM
Draghi economy fails to stoke cash machine for Europe stocks
Under Mario Draghi's stimulus, it looks as though Europe's economy is expanding, profits rising, and the market is up. And yet the proportion of income companies are poised to return to shareholders in 2015 will probably be the lowest in five years.
Posted on 6-09-2015 at 7:26 AM
Fed seen raising rates in October as job market firms
After an unexpected surge in U.S. job gains in May, traders are now betting the Federal Reserve will start raising interest rates as soon as October
Posted on 6-05-2015 at 10:37 AM
U.S. job growth surges as wages push higher in May
U.S. job growth accelerated sharply in May and wages picked up, signs of momentum in the economy that could put a September interest rate hike from the Federal Reserve back on the table.
Posted on 6-05-2015 at 8:48 AM
Jobs gain shatters forecasts as private-sector employment rises
Canada added six times as many jobs in May as economists predicted on gains in private-sector, manufacturing and health-care work.
Posted on 6-05-2015 at 8:39 AM
IMF slashes U.S. growth forecast
The International Monetary Fund has substantially downgraded its U.S. economic growth forecasts and suggested the Federal Reserve should remain on hold with interest rates until the first half of 2016, even though it described the U.S. economy’s troubles so far this year as “temporary” setbacks.
Posted on 6-04-2015 at 9:55 AM
Barclays CEO bets on potential 11th hour solution for Greece
The chief executive officer of Barclays says that a solution to the standoff between Greece and international creditors may come at the 11th hour.
Posted on 6-04-2015 at 7:34 AM
Canada April trade gap second-widest ever after March record
Canada reported its second-largest merchandise trade deficit ever in April, narrowing from the record shortfall set in March as imports fell faster than exports.
Posted on 6-03-2015 at 9:55 AM

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