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Editors picks
  • Newly assembled Toyota Vios sedans are seen at a stockyard of the Toyota Philippines manufacturing plant in Sta Rosa, Laguna, south of ManilaPolicy delay has Japanese carmakers reviewing Philippines expansion plans

    MANILA (Reuters) - Top Japanese automakers in the Philippines are threatening to shift production to cheaper Southeast Asian countries as the government drags its feet on a plan to rebuild its shrinking car manufacturing industry.

  • The MetLife building is seen in New YorkU.S. risk council takes next step in MetLife systemic review

    WASHINGTON (Reuters) - The top U.S. financial risk council has gathered enough evidence to decide whether insurer MetLife should be designated as a systemically important firm, a source familiar with the situation said.

  • A visitor takes a photo with a tablet in front of a Hewlett-Packard  HP  stand at the Mobile World Congress in BarcelonaHewlett-Packard posts surprise revenue gain after PC sales spike

    SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.

  • Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New YorkIcahn reveals stake in Hertz, plans to push management

    BOSTON (Reuters) - Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car company's management over accounting issues and operational failures.

  • Traders work on the floor of the New York Stock ExchangeGlobal stocks rebound as Fed indicates no rate hike soon

    NEW YORK (Reuters) - Global equity markets rose on Wednesday after minutes from the Federal Reserve indicated there is no rush to bring forward plans to raise interest rates in the future, reversing earlier declines that were driven by hints from the Bank of England of an early rate hike.

  • A Hertz sign is seen outside a rental car office in Ferndale in this file photoCar rental firm Hertz is latest victim of auto recalls

    (Reuters) - While an improving U.S. economy has helped rev up demand for car rentals, the rental companies have found themselves short of vehicles due to the slew of recalls by car manufacturers this year.

  • A sign board displaying Toronto Stock Exchange stock information is seen in TorontoTSX hits record high after Fed comment

    TORONTO (Reuters) - Canada's main stock index touched a record high on Wednesday after commentary from the Federal Reserve suggested that the U.S. central bank’s monetary policy will remain market-friendly for now.

  • U.S. Federal Reserve Chair Yellen testifies before the Senate Banking Committee on Capitol Hill in WashingtonFed debates merits of earlier rate hike given U.S. jobs gains

    WASHINGTON (Reuters) - The U.S. Federal Reserve hinted on Wednesday that a surprisingly strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating.

More Reuters updates...
  • The Economist's most and least livable cities - 2014-08-19 3:46 AM

    TORONTO - A quick list of the most and least livable cities according to a survey of 140 cities by the Economist Intelligence Unit:

  • 3 Canadian cities among most livable - 2014-08-19 3:38 AM

    TORONTO - Three Canadian cities — Vancouver, Toronto and Calgary — have been named as some of the best places to live in the world, according to a report by The Economist.

  • Renovation spending on the rise - 2014-08-19 2:00 AM

    (Special) - Drive around virtually any city or town across Canada this summer and you'll likely see homes undergoing renovations.

  • Report: Cost to raise today's child tops $245,000 - 2014-08-18 5:36 AM

    WASHINGTON - A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out Monday.

  • Most expect to have $10K of student debt:poll - 2014-08-18 12:27 AM

    TORONTO - Getting a post-secondary degree can be an expensive endeavour, but a recent survey suggests that most students believe they'll be on track to pay off their student loans within five years of graduating.

  • What happens to bonds when everyone aims to sell? - 2014-08-14 8:48 AM

    NEW YORK, N.Y. - If bonds start to tumble, should I sell my bond mutual fund?

  • CPPIB reports 1.6 per cent Q1 return - 2014-08-14 7:06 AM

    TORONTO - The Canada Pension Plan Investment Board says it earned a gross investment return of 1.6 per cent in its fiscal 2015 first quarter, an improvement over the same period a year earlier but, as expected, down from the stellar returns it enjoyed at the end of last year.

  • Set a budget if you're going away for school - 2014-08-14 4:06 AM

    TORONTO - There are a lot of things Basma Hakem wished she had done to save money when she first moved away from home to attend university.

More Your Money updates...
  • TSX moves higher, traders look to Fed - 2014-08-20 8:33 AM

    TORONTO - The Toronto stock market closed higher Wednesday as traders got some reassurance about interest rates from the minutes of the latest meeting of the U.S. Federal Reserve.

  • U.S. Treasury - 2014-08-20 7:30 AM

    Treasury Closing Summary (August 20):

  • Canadian Economic Calendar - 2014-08-20 2:15 AM

    (Action Economics) - A look at upcoming economic events in Canada:

  • U.S. Economic Calendar - 2014-08-20 2:15 AM

    (Action Economics) - A look at upcoming economic events in United States:

  • AUD Dollar FX trader - 2014-08-19 11:30 PM

    (Action Economics) - 20-Aug-14 06:53 - AUD-USD hit a one-week low of 0.9278, reflecting a broader gain in the US. dollar following net positive U.S. data yesterday and expectations for the FOMC minutes from the late July meeting, due later today, which may show the hawkish voices at the Fed strengthening a little.

  • Canadian Dollar FX trader - 2014-08-19 11:30 PM

    (Action Economics) - 19-Aug-14 18:22 - USD-CAD made intra day highs of 1.0949, moving higher despite the better risk backdrop (though softer oil and gold prices offset), as USD gains remained broad through the session on Tuesday.

  • CHF Dollar FX trader - 2014-08-19 11:30 PM

    (Action Economics) - 20-Aug-14 06:31 - EUR-CHF steadier, back above 1.2100, after clocking an eight-month low at 1.2086 on breaching supports at 1.2120 and 1.2100-2105.

  • GBP Dollar FX trader - 2014-08-19 11:30 PM

    (Action Economics) - 20-Aug-14 10:36 - Sterling popped higher on the BoE MPC minutes, which revealed the first vote split since July 2011 with members Weale and McAfferty voting for a 25 bp rate hike.

More market updates...
More Canadian Press updates...

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