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The secret ingredient behind these best-performing TSX stocks
Seven of the top 10 best-performing stocks in the Standard & Poor’s/TSX Composite Index this year report their businesses in U.S. dollars and generate a significant amount of their sales there.
Posted on 7-31-2015 at 11:00 AM
Consumer spending bolsters U.S. second-quarter growth
U.S. economic growth accelerated in the second quarter as solid consumer spending offset the drag from weak business spending on equipment, suggesting a steady momentum that could bring the Federal Reserve closer to hiking interest rates this year.
Posted on 7-30-2015 at 9:43 AM
Fed sees improving economy, job market; September rate hike in view
The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible rate hike when central bankers next meet in September.
Posted on 7-29-2015 at 9:31 AM
Health insurer Anthem to buy Cigna in $54.2-billion deal
The deal – the biggest ever in the health insurance industry – comes three weeks after Aetna Inc agreed to buy Humana Inc for $37-billion and is part of an industry-wide consolidation following the roll-out of the Obama government’s healthcare reform law.
Posted on 7-24-2015 at 10:08 AM
Ikea issues warning after 2 boys killed by falling dressers in U.S.
Ikea Canada is urging customers to ensure that dressers and chests purchased from the Swedish furniture giant are securely anchored to a wall after two U.S. children were fatally injured when the units tipped over last year.
Posted on 7-23-2015 at 10:02 AM
Canadian sports teams feel the squeeze as loonie falls
Canada's NHL, NBA and Major League Baseball franchises pay their players in American dollars but collect most of their revenue in Canadian currency, so the loonie's drop puts a strain on their bottom line.
Posted on 7-17-2015 at 9:09 AM
Yellen says U.S. economy on track, defends Fed 'transparency'
Federal Reserve Chair Janet Yellen said on Wednesday the U.S. central bank remains on track to raise interest rates this year, with labour markets expected to steadily improve and turmoil abroad unlikely to throw the U.S. economy off track.
Posted on 7-15-2015 at 11:00 AM
Long-awaited ‘To Kill A Mockingbird’ sequel hits shelves
After months of speculation and 55 years after the classic To Kill A Mockingbird was published, Go Set A Watchman, Harper Lee’s second novel – or first, depending on how you look at it – will arrive in bookstores.
Posted on 7-14-2015 at 12:09 PM

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