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Editors picks
  • China flagChina crash coming? Don't bet on it

    Conventional wisdom would suggest China's economy is heading for a painful landing. But the government will go to great lengths to avoid that -- which creates a different set of problems.

  • Starbucks coffee; McDonald’s coffee (© David Goldman, AP; Dick Whipple, AP)McDonald's or Starbucks: Who wins?

    The purveyor of burgers is going upscale, treading on turf that the coffee titan has trolled for years. Which company will prevail? And what's the effect on consumers?

  • US moneyWhy U.S. Treasury crash won't happen

    Investors worried about sinking U.S. Treasury values can breathe easier -- for now. New banking regulations mean sovereign debt will look a lot more attractive in the short term. After that, things could turn ugly.

  • Canadian Zinc raises capex estimate for Prairie Creek mine

    (Reuters) - Canadian Zinc Corp <CZN.TO> said it expects capital spending at its main project, the Prairie Creek Mine in the Northwest Territories, to be more than expected due to the addition of more features and an increase in costs.

  • Gasoline drips off a nozzle during refueling at a gas station in AltadenaOil falls on euro zone, WTI at six-month low

    LONDON (Reuters) - Oil prices slid with world shares and the euro on Wednesday as investors fled from riskier assets, while a surprise build in U.S. crude inventories helped send the WTI benchmark to a more than six-month low.

  • Man looks at a stock quotation board outside a brokerage in TokyoGreek political turmoil heightens euro exit fears

    LONDON (Reuters) - Fears of a Greek exit from the euro zone worsening the debt crisis facing other European nations gripped financial markets on Wednesday, sending shares and other riskier assets lower as investors shifted funds into safe havens like the U.S. dollar.

  • BHP Billiton Chairman Nasser speaks at a business luncheon in Melbourne in this May 9, 2011 file photoBHP warns commodity markets to cool further

    SYDNEY (Reuters) - BHP Billiton <BHP.AX> <BLT.L> said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, in the most cautious comments yet from the world's biggest miner.

  • Gold bars are displayed at a gold jewellery shop in the northern Indian city of ChandigarhGold hits 4-1/2 month low on Greece turmoil

    SINGAPORE (Reuters) - Gold extended losses on Wednesday to slip to its weakest level since late December after the collapse of efforts in Greece to form a new government, prompting investors to cut exposure to the precious metal.

  • A man makes his way next to a replica of a one drachma coin outside the Athens Town HallAnalysis: Euro twilight zone beckons for Greece

    LONDON (Reuters) - Speculation about an endgame in Greece's protracted crisis has flooded markets with euro exit scenarios this week, but investors reckon there's still every chance that uncertainty will simply drag on for months.

  • Protestors hold signs as JP Morgan Chase & Co convenes its annual shareholders meeting at the bank's back-office complex in Tampa, FloridaFBI probes JPMorgan, shareholders back Dimon

    TAMPA, Florida (Reuters) - The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking into high-risk trades that first drew regulators' attention last month.

  • A pedestrian walks past a CIBC branch in MontrealCIBC hopes to steal clients with "mobile wallets"

    TORONTO (Reuters) - Canadian Imperial Bank of Commerce is hoping its deal with Rogers Communications to allow customers to pay for purchases with smartphones will help it steal clients from banking rivals who must now rush to match the offering.

More Reuters updates...
  • Freedom from debt key to retirement: poll
    thecanadianpress.com - 14/05/2012 10:28 AM

    WATERLOO, Ont. - Nearly nine in 10 Canadian homeowners surveyed recently said that being debt-free was key to their idea of a successful retirement — even more than most lifestyle factors.

  • Canadians, Americans share retirement angst
    thecanadianpress.com - 14/05/2012 8:47 AM

    (Special) Misery, it seems, still loves to have a little bit of company.

  • Facebook in your mutual fund? It could be soonFacebook in your mutual fund? It could be soon
    thecanadianpress.com - 11/05/2012 7:09 AM

    BOSTON - Ask people what they think about Facebook, and you're likely to hear everything from "It's a terrific way to connect with friends and family," to "It's a colossal drain on time and productivity."

  • Time to cash in on hot real estate market?Time to cash in on hot real estate market?
    thecanadianpress.com - 10/05/2012 6:29 AM

    OTTAWA - For most Canadians their home is the biggest investment they'll ever make — but they might be surprised to learn you can use if for more than just sleeping.

  • Online con jobs can be deceptively simpleOnline con jobs can be deceptively simple
    thecanadianpress.com - 03/05/2012 6:54 AM

    MONTREAL - Did you ever get an email saying a package couldn't be delivered and you should click on the attachment for details?

  • Some home-office tax myths
    thecanadianpress.com - 01/05/2012 7:58 AM

    (Special) - The way people work today is changing. The internet and computer technology increasingly is making it possible for people to telecommute and work from home. While working from home can have a number of advantages and perks, many Canadians may be misled about what expenses associated with a home-based office or business they are entitled to claim on their income tax returns.

  • Home price index up from February: CREA
    thecanadianpress.com - 27/04/2012 3:56 AM

    OTTAWA - Home prices crept higher in March as a slowing Vancouver market was offset by an acceleration in prices in Calgary, Toronto and Montreal, according to a report by the Canadian Real Estate Association.

  • Insurance should be included on packing listInsurance should be included on packing list
    thecanadianpress.com - 26/04/2012 7:21 AM

    CALGARY - First the severe thunderstorms hit. Then a landing gear malfunction forced the evacuation of a plane at Chicago's O'Hare Airport.

More Your Money updates...
  • NOK Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 11-Apr-11 08:24 -Norwegian March inflation data were mixed, with PPI rising to a 21.4% y/y pace, up from 21.2% in February, while core CPI ebbed to 0.8% y/y from 0.9% y/y in the month prior and the headline CPI figure coming in at an unchanged 1.0% y/y.

  • AUD Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 16-May-12 05:59 - AUD-USD headed towards 0.9900 as regional accounts shunned growth-related currencies.

  • Canadian Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 15-May-12 18:37 - USD-CAD spiked to highs over 1.0045 from under parity after the news broke that There will be new Greek elections.

  • CHF Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 16-May-12 10:43 - EUR-CHF tried to trade lower, but did not progress beyond 1.2008 due to large Swiss name bids ahead of SNB's lower limit at 1.2000.

  • GBP Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 16-May-12 10:43 - GBP slumped on the BoE Inflation Report, which forced Cable from 1.5975 below 1.5900, while EUR-GBP bounced from 0.7967 towards 0.8000, where strong offers capped.

  • EUR Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 16-May-12 10:42 - EUR-USD registered fresh trend lows around 1.2680-85 in early trade before light profit taking went through after very large bids put a floor in place from 1.2680.

  • US Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 15-May-12 19:06 - The dollar rallied again on Tuesday, as European fears drove the market to safety.

  • JPY Dollar FX trader
    thecanadianpress.com - 15/05/2012 11:31 PM

    (Action Economics) - 16-May-12 06:01 - USD-JPY extended gains to 80.44 amid a broadly firmer dollar tone, which tripped stops over 80.30, while adding to gains were rumours that BoJ could cut the deposit rate on excess reserves.

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

Financial markets, market commentary, breaking news, major indexes, TSX, Dow Jones, Nasdaq, S&P, CP, Canadian Press, Reuters

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