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Fed seen keeping options open on pace of bond buying

Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion US, while keeping their options open to scale back the...
Alister Bull, Reuters
Posted on 6-19-2013 at 7:10 AM

David Sykes, Vice President & Director, TD Asset Management

Do Canadian investors have enough U.S. exposure?

David Sykes, vice-president and director of TD Asset Management says Canadian investors are missing out by not holding enough U.S. stocks and those concentrating on the Federal Reserve...
Michael Chu, Chase Producer, BNN
Posted on 6-18-2013 at 1:18 PM

At G8, U.S. talks tough on tax evasion

The United States pledged on Tuesday to keep on pressing for legislation to cut down on the criminal use of shell companies but did not take firmer action for now as part of a Group of...
Jeff Mason and Roberta Rampton, Reuters
Posted on 6-18-2013 at 11:48 AM

Maury Harris, Managing Director & Chief Economist for Americas, UBS

U.S. housing starts fall short, but overall tone upbeat

U.S. housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market.
Lucia Mutikani, Reuters
Posted on 6-18-2013 at 9:41 AM

Obama hints at search for Bernanke’s replacement

President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot...
Steve Holland, Reuters
Posted on 6-18-2013 at 7:47 AM

EU to approve ICE's $8.2B NYSE bid: Reuters

IntercontinentalExchange (ICE) is set to win unconditional EU approval for its $8.2 billion US bid for NYSE Euronext after antitrust regulators found no competition concerns, according to a...
Foo Yun Chee, Reuters
Posted on 6-17-2013 at 10:15 AM

NY manufacturing growth picks up in June, details weak

Growth in the New York state manufacturing sector picked back up in June, but the details were less encouraging as new orders and employment fell to their lowest levels in five months, a...
Reuters
Posted on 6-17-2013 at 9:07 AM

After opening gambit, Detroit manager's next move vexes creditors

Now that Detroit's emergency manager has laid out a tough road that could include a bankruptcy filing for the city, the bondholders, pension managers and others with a stake in the outcome...
Nick Carey and Tom Hals, Reuters
Posted on 6-17-2013 at 8:13 AM