IMF backs UK economic policy despite low growth

The British government should stick to its guns and continue its deficit-reduction strategy despite weaker than anticipated economic growth, the International Monetary Fund said Monday.
Though […]

Consumer Confidence falls unexpectedly in May

A monthly survey shows consumers are losing faith that the economy will keep improving.
The Conference Board’s Consumer Confidence Index fell to 60.8 from a revised […]

Competition watchdog sues Toronto Real Estate Board

The Competition Bureau has filed a lawsuit against Canada’s largest real estate board to stop alleged “anti-competitive” practices that it says bars agents from offering […]

Germany’s Ifo Business Confidence Remained Unexpectedly Unchanged in May - Bloomberg

German business confidence remained unexpectedly unchanged in May as booming exports and rising company spending boosted economic growth.
The Ifo institute in Munich said its […]

Luukko: Fund facts help make investment info clearer

Fund facts

Asian shares follow Wall Street up

Better-than-expected job growth data from the U.S. late last week helped carry Asian stocks mostly upward on Monday.
Hong Kong’s Hang Seng index rose 1 percent […]

Madoff victims could soon start getting funds

The trustee in charge of recovering money stolen by Bernard Madoff took steps Wednesday to begin payments to victims totaling $272 million.
The trustee, Irving […]

Carrigan: Sell in May? Don

Advocates of seasonal investing are getting ready to sell in May and go away.
There are two variations of this broadly recognized investment strategy. The […]

Swiss Bond Sales Boom as Banks Diversify Amid Dollar Plunge: India Credit - Bloomberg

After a 24-year hiatus, Indian companies are poised to raise almost $1 billion of Swiss franc- denominated bonds, about a quarter of total overseas borrowing […]

Stocks steady after S&P warns about US debt

Standard & Poor’s warning that it could downgrade the United States’ credit rating continued to haunt the markets Tuesday, but hopes for a small recovery […]