Canadian economy set for growth, RBC says

The latest forecast from RBC Economics suggests the Canadian economy is poised to show some growth in the third quarter.
RBC chief economist Craig Wright […]

Ontario leads rise in auto sales

OTTAWA–Sales of new motor vehicles rose 5.3 per cent in July to 126,665 units, driven by especially strong sales in Ontario, Statistics Canada reported […]

Sprint shares soar on T-Mobile USA tie-up talk

Sprint Nextel Corp shares jumped 14 percent on speculation that the No. 3 U.S. mobile service might be bought by Deutsche Telekom even as […]

Don’t fret: The oil market stumps even the experts

Oil companies are the elephant in the room.
The wide trading range and erratic movement of oil prices has been perplexing to pundits, […]

Bellwether FedEx says earnings looking up

FedEx Corp., the world’s second-largest package delivery company, on Friday offered a signal that the global economy is improving, as it raised its first-quarter […]

U.S. probes AIG finance executives: source

U.S. investigators are probing the former head of American International Group Inc’s Financial Products unit, Joseph Cassano, and other executives for securities fraud, a […]

U.S. recession ends, jobless outlook bleak: survey

The U.S. employment picture will stay bleak well into next year long after the recession ends, but the worst of the labor market crisis […]

U.S. and U.K. Aaa ratings safe for now: Moody’s

The United States’ and Britain’s triple-A sovereign debt ratings are safe for now but both countries will need to “severely adjust” fiscal policies in […]

Ferragamo sees recovery signs, crisis ongoing

Italian luxury goods group Salvatore Ferragamo saw signs of recovery in the last few months, but it is still difficult to say the global […]

Life insurance policies may be saleable asset

Seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.
Unlike younger investors, older adults may […]