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Bill Gross: Fed tightening now could create self-inflicted instability
Gross wrote that his concept of a neutral policy rate closer to a nominal 2 percent "now cannot be approached without spooking markets further and creating self-inflicted financial instability."
Posted on 9-02-2015 at 9:54 AM
Valeant to buy ophthalmic surgical device maker Synergetics
Valent said on Wednesday it would commence a tender offer to acquire all outstanding shares of Synergetics for US$6.50 per share, a premium of 48 percent to Synergetics' Tuesday close on the Nasdaq.
Posted on 9-02-2015 at 9:27 AM
Moody's cuts 2016 global growth forecasts
Credit rating firm Moody's cut its 2016 global economic growth forecasts on Friday, with China and United States both trimmed and Russia and Brazil seen staying in recession.
Posted on 8-28-2015 at 1:48 PM
Fed officials pushing for rate hike unfazed by market turmoil
Recent market turmoil should not delay the Federal Reserve from raising interest rates at least once, given that the global equities selloff and China's economic slowdown have had little effect on the U.S. economy, a top Fed official said on Friday.
Posted on 8-28-2015 at 1:56 PM
China jitters, globalization bode ill for Fed's inflation goal
As they try to nudge U.S. interest rates away from zero, policymakers might have to rethink a basic assumption that solid economic growth and swelling payrolls at home are enough to do the job even as the world's second-largest economy stutters.
Posted on 8-28-2015 at 9:52 AM
Lower loonie discouraging Canadians from heading south
The declining dollar is causing Canadian tourists to avoid travel in the U.S., experts say.
Posted on 8-27-2015 at 4:56 PM
I told you so: Trump says about U.S. exposure to China
"I've been talking about China for years. Because China's going bad it's going to bring us down, too, because we're so heavily coupled with China," says real-estate mogul and Republican U.S. presidential candidate Donald Trump.
Posted on 8-24-2015 at 1:23 PM
Fed officials see rate rise conditions approaching, minutes show
Federal Reserve officials said last month that while conditions for raising interest rates were approaching, they saw more room for labour market healing and need more confidence that inflation is moving toward their goal, minutes of their meeting show.
Posted on 8-19-2015 at 2:06 PM

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