Rising inflation rates weigh on stocks

Rising inflation around the world weighed on stock markets Friday as investors wondered how fast central banks will raise borrowing costs to counter the threat […]

Investors flock to Japanese stocks after quake

Investors are flocking to Japanese stocks in the wake of the costliest natural disaster in history.
Exchange-traded funds that hold Japanese stocks brought in a record […]

AT&T to buy T-Mobile USA for $39 billion

AT&T Inc. says it will buy T-Mobile USA from Deutsche Telekom in a cash-and-stock deal valued at $39 billion.
T-Mobile is the fourth-largest wireless carrier in […]

AIG offers to rebuy toxic assets from New York Fed

American International Group Inc. is offering $15.7 billion for a heap of toxic mortgage bonds that the Federal Reserve Bank of New York took off […]

Fed’s Kocherlakota Says ‘Highly Accommodative’ Policy Warranted on Jobless - Bloomberg

The Federal Reserve’s policy of near-zero interest rates and large-scale asset purchases is warranted, given a natural rate of unemployment that may be as high […]

U.K. Output Prices Increase Twice as Much as Forecast - Bloomberg

U.K. producer prices rose twice as much as economists forecast in January, which may add to concerns the Bank of England is losing control of […]

EU Envoy Rehn Rebuffed on Debt-Crisis Fix as Merkel’s FDP Allies Hold Firm - Bloomberg

Chancellor Angela Merkel’s coalition partner rejected an appeal by the European Union’s top economic official to back more crisis-fighting measures, underlining the risks to government […]

European Rescue Fund May Buy Bonds, Recapitalize Banks, ECB’s Stark Says - Bloomberg

European Central Bank Executive Board member Juergen Stark said measures to strengthen the region’s rescue fund could include purchases of government bonds or injecting cash […]

Spain raises $5.3 billion in strong debt sale

Spain raised nearly euro4 billion ($5.3 billion) Tuesday in an oversubscribed auction of 3- and 6-month bonds, as Parliament prepared to pass an austere 2011 […]

GTA existing home sales down from last November

Existing home sales in the Greater Toronto Area in 2010 will likely not beat last year