Economy

No value play in European bonds

The European bond market is bracing for a rough week during which Belgium, Italy, Spain and France will be auctioning their debts. The timing couldn't of worse. Just last week, in it's worse-ever auction Germany failed to find buyers for about 40% of its €6 billion offering of 10-year bunds.

By Vikram Barhat |November 28, 2011

3 min read

Time to tighten the national belt: Flaherty

After months of urging consumers to rein in their spending and pay down debt, Finance Minister Jim Flaherty says the time has come for the government to do just that.

By Wire services |November 25, 2011

2 min read

Carney reaffirms inflation targeting

The Bank of Canada’s inflation-targeting regime has served Canadians since its adoption in 1991, and is partly responsible for the strength and relative stability we enjoy today, according to the Governor of the Bank of Canada.

By Staff |November 23, 2011

2 min read

U.S. incomes rise, but spending stagnates

There’s some positive economic news out of the U.S. this morning, with the Commerce Department reporting incomes rose 0.4% in October, making it the best month since March.

By Wire services |November 23, 2011

3 min read