Harper Says Economic Recovery Must Precede Environmental Fixes

Canadian Prime Minister Stephen Harper said he will use Canada’s co-chairmanship of next year’s Group of 20 countries meeting to urge members to put […]

Australia’s Stevens to Keep Leading World in Increasing Rates

Australia’s Glenn Stevens will continue leading the world in raising interest rates, with economists predicting a record fourth straight increase at the central bank’s […]

McCain warns of Medicare cuts, tax increases

U.S. Sen. John McCain, R-Ariz., warned of major cuts to Medicare and large tax increases as the U.S. Senate neared its first votes this weekend […]

Rise in durable goods orders meets expectations

New orders for long-lasting U.S. manufactured goods rose 1 percent in September, meeting Wall Street expectations, Commerce Department data showed on Wednesday.
This was the […]

Philips’ profit beats forecasts, remains cautious

Dutch conglomerate Philips Electronics’ reported a better than expected third-quarter operating profit on Monday as a result of cost reductions but the company remained […]

IRS: Don’t wait for new offshore deal

There will be no new deal for rich Americans seeking to come clean about offshore income once an amnesty deadline expires next week, the […]

Family Dollar profit beats estimates

Family Dollar Stores Inc reported a 13 percent rise in quarterly profit on Wednesday, topping Wall Street estimates, as frugal shoppers scoured its stores […]

Inflation fears eating you up? Consider TIPS

One steady bit of good economic news: Inflation remains near zero. So who would want to pay extra these days to add a dose […]

Push is on to extend $8,000 homebuyer tax credit. Is it worth it?

It helped Elizabeth Poelker buy her house.
It probably helped Paul Medler sell his.
But is the $8,000 tax credit for first-time homebuyers really […]

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 […]