Economy

Economic Indicators

By skipping small print, man loses insurance

After finding out he had thyroid cancer, Franco Provenzano turned to his insurance for support.

By Staff |October 10, 2013

1 min read

Economic Indicators

Republican happy with shutdown as U.S. veers toward downgrade

Florida Congressman Ted Yoho is part of the conservative voting bloc that pushed the government into a shutdown last week.

By Staff |October 10, 2013

1 min read

Economic Indicators

Canada constrained until Yellen moves

The BoC's hands are tied until the new U.S. Federal Reserve chair tightens monetary policy.

By Jessica Bruno |October 9, 2013

3 min read

Economic Indicators

Bring back postal banking, says think tank

Bringing back postal banking would give many Canadians access to otherwise unavailable financial services, says a study by the Canadian Centre for Policy Alternatives.

By Staff |October 9, 2013

1 min read

Economic Indicators

Consumers hungry for credit

Consumers’ appetite for credit will keep growing, finds FICO’s quarterly survey of U.S. and Canadian bank risk professionals.

By Staff |October 9, 2013

2 min read

Economic Indicators

9 things to know about Yellen

Current Federal Reserve vice-chair Janet Yellen is expected to be named head of the Fed today after the Senate approves her nomination.

By Staff |October 9, 2013

1 min read

Economic Indicators

13 reasons the U.S. government doesn’t work

Washington is not just dysfunctional, it's actively failing to serve the needs of Americans, says Washington Post columnist Ezra Klein.

By Staff |October 9, 2013

1 min read

Economic Indicators

EU wants to shut down bad banks

As soon as possible, the European Union should establish a corporation that would shut down or bail out problem banks, says the International Monetary Fund.

By Staff |October 9, 2013

1 min read

Economic Indicators

Refinancing requests outpace new home purchases

Home loan applications went up last week in the U.S., and refinancing requests outnumbered purchases, reports Reuters.

By Staff |October 9, 2013

1 min read

Economic Indicators

Could cheap auto loans cause a bubble?

Some auto companies in Canada are offering eight-year interest free loans, and this is causing a spike in car sales, reports the Globe and Mail. But because these cars are being purchased on credit, this news is cause for concern, says General Motors Canada president Kevin Williams. In fact, it’s comparable to the spike in […]

October 9, 2013

1 min read

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