Canadians and Their Bankers Guardedly Optimistic for 2010
Top economists from Canada’s five biggest banks came together recently and in true consensus, the group views 2010 with guarded optimism, predicting a more subdued economic climate in Canada and south...
View ArticleMoney Morning Mailbag: Mortgage Rates Slip But U.S. Housing Market Still...
U.S. mortgage rates dropped to a record low this week as the U.S. Federal Reserve started its second round of quantitative easing (QE2). The 30-year fixed loan rate fell to 4.17% from 4.24%, Freddie...
View ArticleDeficit Reduction Plan Promises Painful Prescription For U.S.
A bipartisan White House commission this week announced a sweeping proposal to slash the federal deficit by hundreds of billions of dollars a year by taking aim at virtually every sacrosanct area of...
View ArticleU.S. Retailers Hoping Black Friday Sales, Smartphone Apps Fuel Strong Holiday...
Another Black Friday. Another holiday shopping season. But a whole new strategy for U.S. retailers. As the Friday after the Thanksgiving holiday, today marks the “official” kickoff of the 2010 holiday...
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