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U.S. manufacturing activity contracts in May to 4-year low

The U.S. manufacturing sector contracted in May, driving activity to the lowest level in nearly four years, in the latest sign the economy is encountering a soft patch.
Reuters
Posted on 6-03-2013 at 9:24 AM

British manufacturing registers two-month expansion

A strong rise in new orders helped British manufacturing grow at its fastest pace in over a year last month, a survey showed on Monday, and revised data for April meant UK factories have...
David Milliken and Christina Fincher, Reuters
Posted on 6-03-2013 at 8:35 AM

How high should tax rates go? 70% says Krugman

Nobel-prize winning economist Paul Krugman says it's time the rich pay a bit extra when it comes to taxes.
Brady Yauch, BNN.ca
Posted on 5-31-2013 at 2:12 PM

U.S. consumer spending falls, inflation subdued

U.S. consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity, which should allow the Federal...
Lucia Mutikani, Reuters
Posted on 5-31-2013 at 9:50 AM

Eric Lascelles, Chief Economist, RBC Global Asset Management

Canadian economic growth gains steam

The Canadian economy is showing signs of life, after posting lackluster growth in the back half of last year. The economy grew at an annualized pace of 2.5 percent in the first quarter,...
Brady Yauch, BNN.ca
Posted on 5-31-2013 at 8:23 AM

CAW and CEP merge to create Unifor

It's official: the combined Communications, Energy and Paperworkers union and the Canadian Auto Workers union will be called Unifor.
BNN.ca
Posted on 5-30-2013 at 2:10 PM

S&P cuts outlook on Ontario's credit rating

Ratings agency Standard and Poor's lowered its outlook on Ontario's credit rating, citing the province's high debt and "aggressive" plan to control spending as it tries to balance its...
Brady Yauch, BNN.ca
Posted on 5-30-2013 at 10:02 AM

Crisis states lift euro zone's economic mood

Confidence in the euro zone economy grew by more than expected in May, with hope that the worst of the crisis may be over.
Martin Santa, Reuters
Posted on 5-30-2013 at 9:02 AM