While the corporate world all but crumbled around us, many big-time businesses with local roots continued to grow, recession or not.
- For sale: Luxury goods of the newly broke (and imprisoned)
The financial crisis has led to a new, mass market for luxury goods.
- The real cost of cross-border shopping
Who isn't smitten with the allure of a shopping trip across the border? But breaking down the dollars and cents of the excursion suggests it might not be worth your while.
- Farewell to Wall St.'s decade of hubris
The era will be remembered for two burst financial bubbles and a rogue's gallery of scoundrels who rewarded themselves well and delivered very little.
- How much longer can gold rise?
As the precious metal continues to soar, naysayers abound. But a few things need to happen before the yellow fever cools off.
- Three-step strategy for a twitchy market
Many investors are deeply suspicious of the 60% run-up in stocks this year and are itching to sell, but then what? Here's how to take some profits now while setting up a profitable 2010.
- Go east (and south), young man
As the United States loses ground to the emerging markets of China, India and Brazil, the opportunities that beckon may spur more Americans to seek their fortunes there.
Check out our blogSee how we combine the best spending tips and investing analysis from MSN Money and around the Web.
- Dollar softer as oil dips, bounces from overnight low
TORONTO (Reuters) - The Canadian dollar was lower versus the U.S. currency on Tuesday, hurt by a weaker oil price and soft equity markets, but some upbeat overseas data helped it bounce off an overnight low.
- MKS Q2 profit rises 19 pct, appoints new CEO
(Reuters) - Canada's MKS Inc's <MKX.TO> second-quarter profit rose 19 percent, helped by higher maintenance revenue, and the software and services provider appointed a new chief executive.
- George Weston results hurt by forex charge
TORONTO (Reuters) - George Weston Ltd <WN.TO> said on Tuesday its quarterly profit dropped 52 percent as foreign exchange charges hurt North America's largest baked goods maker.
- BMO posts higher profit, to buy Diners Club NA
TORONTO (Reuters) - Bank of Montreal <BMO.TO> reported a higher-than-expected quarterly profit on Tuesday and said it was buying the Diners Club North America credit card business to double its corporate card portfolio.
- Citigroup to sell BMO a Diners Club business
NEW YORK (Reuters) - Citigroup Inc <C.N> said it agreed to sell its Diners Club North America credit card business to Canada's BMO Financial Group <BMO.TO> as it sheds unwanted assets and focuses on its main units.
- Porsche aims to end Magna's Boxster contract: source
STUTTGART (Reuters) - Germany's Porsche aims to cancel a deal that would have Canada's Magna build the Porsche Boxster model series under contract, a source familiar with the situation told Reuters.
GM pays back Germany, signals fewer job cutsDUESSELDORF/BERLIN (Reuters) - General Motors <GM.UL> has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel.
- Western Coal says aware of potential lawsuit in Ontario
LONDON (Reuters) - Western Coal Corp said it was aware of a proposed class action lawsuit that alleges inaccurate disclosure in the group's second-quarter 2007 financial report.
- Slump chops 4.3 per cent from Canadian living standards: report
OTTAWA - A new independent economic analysis shows Canada's recession has been longer and deeper than the official record indicates.
- RBC survey finds majority of DB pension sponsors worried about future
TORONTO - The overwhelming majority of sponsors of defined benefit pension plans in Canada are at least somewhat pessimistic about their ability to meet future obligations, RBC Dexia Investor Services said Monday.
Investing in classic cars can be fun - but extreme caution is called forTORONTO - It might be tremendously satisfying to pick just the right stock or beat the composite index, but investing is not usually on most people's list of fun things to do.
- Consumers need to prepare for higher mortgage rates next year: advisers
TORONTO - The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates.
Be generous tipper without overspending; holiday tips don't have to wipe you outNEW YORK - This holiday season, a leaner budget might clarify which people truly make a difference in your life. The challenge will be figuring out how much to tip them.
Shoppers and retailers prepare for a tough holiday shopping seasonTORONTO - Shopping malls across the country are decked with sales as the holiday season gets underway, but even with plenty of fanfare, both retailers and shoppers seem to be reining in their expectations.
- Silver could have more upside than gold due to industrial applications: advisers
TORONTO - Much has been said about the upside potential of gold, which has rocketed to new highs in recent weeks amid inflation concerns, but advisers say investors shouldn't ignore the yellow metal's less popular cousin, silver.
- Layoffs, telecommuting let small businesses to downsize real estate, save money
NEW YORK - There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.
