Lower oil price won’t delay big projects, yet
The downward slide of oil prices may lead some companies to trim their capital spending plans, but analysts suggest the bigger projects are not in jeopardy, at least not yet.…
Ugly jobs numbers rattle Obama’s reelection bid – New York Daily News
New York Daily News Ugly jobs numbers rattle Obama's reelection bidNew York Daily NewsWASHINGTON — Nothing upsets a president's re-election groove like ugly economic numbers. A spring slowdown in hiring…
Unemployment May Prompt Fed to Heed Rosengren’s Stimulus Call – San Francisco Chronicle
Moneycontrol.com Unemployment May Prompt Fed to Heed Rosengren's Stimulus CallSan Francisco ChronicleJune 2 (Bloomberg) — Some Federal Reserve policy makers may join Boston Fed President Eric Rosengren in backing new…
Stock markets sag as oil hits 2-year low
Stock markets including the TSX were a sea of red on Friday, as investors digested a slew of underwhelming economic news. CBC | Business News…
GM to cut about one-fourth of US pension liability – CNBC.com
CBS News GM to cut about one-fourth of US pension liabilityCNBC.comDETROIT (Reuters) – General Motors Co will cut nearly a quarter of its US pension obligation by transferring the management…
New duty-free limits will challenge Canadian retailers
Cross-border shoppers may welcome increased duty-free limits that kick in Friday, but those changes will magnify problems Canadian retailers are having with the noticeable price gaps between Canada and the…
EURO GOVT-Bund yields hit new low as Spain hogs spotlight – Reuters
Telegraph.co.uk EURO GOVT-Bund yields hit new low as Spain hogs spotlightReuters* Two-year Bund yields turn negative * Profit-taking eyed ahead of long UK weekend * Spanish yields steady but little…
China manufacturing growth slows down – AFP
AFP China manufacturing growth slows downAFPBEIJING — China's manufacturing activity grew at a markedly lower rate in May, official data showed Friday, providing further confirmation that the world's number two…
Loonie hits lowest level of 2012
The Canadian dollar was trading below 97 cents US on Thursday, dragged down by weak commodity prices and discouraging news about the U.S. job market. CBC | Business News…
US jobs data points to recovery losing momentum – Reuters
Moneycontrol.com US jobs data points to recovery losing momentumReuters* Private payrolls rise 133000 in May -ADP * Jobless claims increase 10000 last week * Midwest business activity slows in May…
