How emotions can ruin your financesHow you actually feel about money can have a significant impact on how you save, spend and plan for your financial future.
How a financial planner can save you moneyThe initial costs of consulting with a financial planner will be more than worth it.
The world's best countries for entrepreneursNations with thriving small businesses could save the middle class.
Exclusive: In surprise, General Growth eyes New York office towerNEW YORK (Reuters) - General Growth Properties Inc <GGP.N> has paired with Brookfield Office Properties Inc <BPO.TO> to bid for an expensive New York building in what could mark the No. 2 U.S. mall owner's entry into a new segment of the retail real estate market, according to two sources familiar ...
Visa, Mastercard ask U.S. court to declare card fees are lawfulNEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.
- Egyptian tycoon to buy MTS fiber network in new Canada push
TORONTO (Reuters) - Manitoba Telecom Services Inc <MBT.TO> will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million (US$503 million), a deal that signals the Egyptian magnate is still keen on Canada.
Valeant deal sparks share jump, helps TSX ends week higherTORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S. central bank monetary policy that hurt U.S. indices.
Justice Department opposes AMR's $20 million severance for CEO Horton(Reuters) - A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group <LCC.N> is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton.
- U.S. audit regulator reaches deal with China on document access
NEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States.
Yahoo joins growing list of bidders for Hulu: sourcesLOS ANGELES/NEW YORK (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday.
- Valeant near deal to acquire Bausch & Lomb: source
NEW YORK (Reuters) - Canada's Valeant Pharmaceuticals International is nearing a deal to acquire eye care company Bausch & Lomb Holdings Inc from Warburg Pincus LLC for about $9 billion, a person familiar with the matter said on Friday.
- Rent or buy? Crunching the numbers is key
CALGARY - My landlord's email twisted my stomach into knots.
- Home affordability largely stable, says RBC
OTTAWA - A new analysis from the Royal Bank (TX:RY) finds home ownership in Canada remains largely affordable, even if there are signs of mild financial stress among indebted families.
Mortgage group says housing starts to plungeOTTAWA - Canada's housing market is slowing dramatically in terms of both sales and construction, dragging down economic growth and putting some 150,000 jobs at risk in coming years, a mortgage industry association warns in its spring report.
Housing plans point to continued confidenceTORONTO - A new report suggests nearly half of Canadian homeowners intend to buy a property in the next five years, despite a cooling off in the housing market.
Households with no wealth usually middle agedMONTREAL - Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
- Women face unique financial challenges
(Special) - Canadian women undoubtedly are gaining more financial power and control than ever, but in spite of this they still face a unique set of financial challenges based on life expectancy, earning power, marital status, health care needs and estate planning.
- Experts urge caution when buying used cars
TORONTO - July Ono had been buying used cars online for years without problems.
Consumers bitten by higher food costs: RBCTORONTO - A recent survey of Canadian adult consumers found a large majority of them believe the price of the food they buy has gone up in the past year and more than half said they are doing more comparison shopping than before.
- U.S. Treasury
Treasury Closing Summary (May 20):
- U.S. Economic Calendar
(Action Economics) - A look at upcoming economic events in United States:
- Canadian Economic Calendar
(Action Economics) - A look at upcoming economic events in Canada:
- EUR Dollar FX trader
(Action Economics) - 17-May-13 12:09 - EUR-USD has been choppy within a narrow range, defined by its 1.2850 low and 1.2889 peak.
- JPY Dollar FX trader
(Action Economics) - 20-May-13 05:46 - USD-JPY ended the Tokyo session on a stable footing close to 102.60, but had experienced whippy action early on in the session following comments from Economy Minister Amari.
- CHF Dollar FX trader
(Action Economics) - 17-May-13 09:10 - Swiss currency gave back most of the gains it saw in the wake of the net-weak U.S. data releases on Thursday, which had inspired a bout of CHF-supportive risk aversion.
- AUD Dollar FX trader
(Action Economics) - 20-May-13 05:47 - AUD and NZD corrected some of the recent weakness.
- GBP Dollar FX trader
(Action Economics) - 17-May-13 12:07 - GBP-USD consolidated lower Friday, about 50 pips down on Thursday's London closing level (at the time of writing).
News Corp. OKs poison pill, buyback before splitLOS ANGELES, Calif. - News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.
- Kinder Morgan takes next oil pipeline step
Kinder Morgan Canada's proposal to increase the capacity of its Trans Mountain pipeline calls for 30 oil tankers a month to load up with Alberta crude at its terminal in Burnaby, B.C., — up from about one per week.
- Trustee opposes $20M payout to American Air CEO
The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
- Report: Yahoo, pay-TV operators among Hulu bidders
LOS ANGELES, Calif. - Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.
- FDA warns of infections tied to Tennessee pharmacy
WASHINGTON - Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.
- Catalyst sells Elk Falls site for $8.6M
VANCOUVER - Catalyst Paper (TSX:CYT) says it has sold its Elk Falls industrial site and related assets to Calgary-based Quicksilver Resources Canada Inc. for $8.6 million.
Calif. plastic ocean debris bill dies in committeeSAN FRANCISCO - A California bill that would have required manufacturers to figure out how to keep the most common plastic junk out of state waterways died in the state Assembly without a vote Friday.
National Bank considering new acquisitionsNational Bank (TSX:NA) says it's interested in new acquisitions but will be very selective about which sectors it looks to.
