Oil falls on China’s weak manufacturing figures
Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy. CBC | Business News…
Fans of the Euro Are Short-Term Optimists – Wall Street Journal
Telegraph.co.uk Fans of the Euro Are Short-Term OptimistsWall Street JournalBy MATTHEW WALTER And IRA IOSEBASHVILI The single currency is up more than 4% since it touched a two-year low in…
Fed Moves Toward Open-Ended Bond Purchases to Satisfy Bernanke – Bloomberg
The Associated Press Fed Moves Toward Open-Ended Bond Purchases to Satisfy BernankeBloombergFederal Reserve Chairman Ben S. Bernanke says the US economy is “far from satisfactory.” His colleagues are moving to…
Canada’s economy outperforming U.S.
Canada’s economy expanded at a 1.8 per cent annual pace during the last quarter, the same growth seen at the start of the year and slightly better than what economists…
Economic Outlook: Draghi plan awaited – Financial Times
Business Recorder Economic Outlook: Draghi plan awaitedFinancial TimesBy Stephen Smith The monthly US jobs report assumes even greater significance than usual on Friday with Federal Reserve policy makers poised on…
Potential suitors line up for American Airlines
British Airways’ parent company and US Airways have both signed non-disclosure agreements with American Airlines, allowing them to look at the company’s books. CBC | Business News…
At Jackson Hole, a growing fear for Fed independence – Reuters
Telegraph.co.uk At Jackson Hole, a growing fear for Fed independenceReutersBy Pedro Nicolaci da Costa | JACKSON HOLE, Wyoming (Reuters) – Increasing political encroachment on the Federal Reserve, particularly from the…
New York probes private equity tax strategy – Financial Times
Forbes New York probes private equity tax strategyFinancial TimesSept 1 – At least a dozen US private equity firms have been subpoenaed by the New York state attorney-general as part…
Federal deficit shrinking, for now
Canada’s federal government deficit for the first three months of the 2012-13 fiscal year was $ 2 billion — less than half the $ 4.2-billion recorded for the same period…
Bernanke Defends Bond Purchases in Signal of More Fed Easing – Bloomberg
New York Times Bernanke Defends Bond Purchases in Signal of More Fed EasingBloombergFederal Reserve Chairman Ben S. Bernanke, with a little more than a year left in his second term,…
