Pimco’s El-Erian Favors Brazil’s Bonds, Chinese Yuan

Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, favors investments in emerging markets on expectations they’ll outpace developed economies in growth […]

Housing and retail news give TSX a boost

The Toronto stock market closed in positive territory Monday as gold hit a new record high and investors took in favourable housing and retail news.
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Summers to lead high-level meeting on economy

White House economic adviser Lawrence Summers will lead a high-level meeting on Monday to discuss the state of the economy, job creation and ways […]

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 […]

Europe Officials Concerned on Dollar, Call Euro Gain ‘Disaster’

European finance officials are concerned the euro’s climb to a 14-month high against the dollar is eroding exports as an aide to French President […]

BOJ Says Need for Credit Steps Waning, Minutes Show

Bank of Japan board members said last month that the need for the central bank’s emergency credit-easing programs was decreasing as companies were finding […]

Winnebago CEO unsure how high business to rebound

The top executive of Winnebago Industries Inc said on Thursday he is not sure how high motorhome industry production will rebound once the market […]

Stocks Rally ‘Way Ahead’ of Economy, Allianz’s Achleitner Says

Allianz SE, Europe’s biggest insurer, expects stock markets to fall because economic recovery is lagging behind the 59 percent jump of the Standard & […]

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 […]

Chrysler creates Dodge Ram brand for trucks

Chrysler Group LLC has created a separate Ram brand for its Dodge pickup trucks and replaced the heads of two car brands as the […]