Fri, Aug 1 2008, 7:00 AM
The U.S. Employment Report for July's nonfarm payrolls was a
"marginal surprise" and weakness in the labour market
could keep the Fed on hold for ...
Fri, Aug 1 2008, 7:00 AM
The Housing Assistance Act of 2008 , finally passed by
both houses of Congress and signed into law by President Bush this week,
contains some not-to...
Fri, Aug 1 2008, 7:00 AM
U.S. nonfarm payrolls declined for the seventh
straight month, falling less than expectations by a total of 51k jobs in
July, according to the Bur...
Thu, Jul 31 2008, 10:46 AM
Thu, Jul 31 2008, 7:00 AM
The advance U.S. GDP report came in lower than
expected for the second quarter of 2008, rising by 1.9% against
expectations of 2.3% growth, accord...
Thu, Jul 31 2008, 7:00 AM
Speaking before the Exchequer Club of Washington, U.S. Treasury
Secretary Henry Paulson said the stimulus package has
supported the economy in the...
Thu, Jul 31 2008, 7:00 AM
Zimbabwe is the latest example of what happens when inflation spirals
out of control to the point of hyperinflation. With the highest rate of
inflat...
Thu, Jul 31 2008, 7:00 AM
In an interview on CNBC, Former Federal Chairman Alan
Greenspan warned that if the Federal Reserve is given a role to
oversee the financial system...
Thu, Jul 31 2008, 7:00 AM
The ISM-Chicago business barometer bounced into
growth mode in July following five months of slowdown. The growth was led
by advances in productio...
Thu, Jul 31 2008, 7:00 AM
Economists say the reported 1.9% GDP growth for the second quarter of
2008 was boosted by a 1.5% increase in consumption and a 2.4% gain in net
expo...
Thu, Jul 31 2008, 7:00 AM
Freddie Mac today told mortgage servicers it was
doubling the amount of money it pays for each workout
that keeps a delinquent borrower with a Fr...
Thu, Jul 31 2008, 6:52 AM
Thu, Jul 31 2008, 6:45 AM
Thu, Jul 31 2008, 1:28 PM
Wed, Jul 30 2008, 10:57 AM
Wed, Jul 30 2008, 10:17 PM
Wed, Jul 30 2008, 9:55 AM
Wed, Jul 30 2008, 7:48 AM
Wed, Jul 30 2008, 7:14 AM
Wed, Jul 30 2008, 7:00 AM
Headline inflation in the United States could be
headed as high as 6% before the end of the year, CIBC chief economist
Jeff Rubin warns in a foreca...
Wed, Jul 30 2008, 7:00 AM
The consensus forecast expects U.S. GDP growth to
come in quite a bit better than the two previous quarters, as exports
have surged on the weak do...
Wed, Jul 30 2008, 7:00 AM
On Tuesday evening, the Securities and Exchange Commission
extended its emergency rule limiting short selling of
Fannie Mae, Freddie Mac and 17 br...
Wed, Jul 30 2008, 7:00 AM
Mortgage service providers have staved off the foreclosure of
1.9 million homes in the past year in what has been the
largest bailout the housing ...
Wed, Jul 30 2008, 7:00 AM
Whatever else is going on in the housing market, it appears that
Americans are no longer using their homes as gigantic credit
cards to finance new...
Wed, Jul 30 2008, 7:00 AM
Following the release of the ADP private employment
report on Wednesday, which posted a gain of 9k jobs in July,
economists dismissed the figures ...
Wed, Jul 30 2008, 7:00 AM
In addition to the $75 billion 28-day Term Auction Facility (TAF), the
Fed will also be conducting a $25 billion 84-day TAF to address the
ongoing ...
Wed, Jul 30 2008, 7:00 AM
The ADP employment report will be the most closely looked at economic
event of the day ahead of Friday's U.S. nonfarm payrolls. In Canada,
markets w...
Wed, Jul 30 2008, 7:00 AM
Weekly mortgage applications declined in the week
ending July 25, according to data released from the Mortgage Bankers'
Association (MBA) on Wednes...
Wed, Jul 30 2008, 7:00 AM
Fixed-rate mortgages (FRMs) hit the highest levels of
2008 during the week ended July 24 according to Freddie Mac's
Primary Mortgage Market Survey...
Wed, Jul 30 2008, 3:33 PM
Wed, Jul 30 2008, 1:12 PM
Tue, Jul 29 2008, 11:20 AM
Tue, Jul 29 2008, 9:36 AM
Tue, Jul 29 2008, 8:57 AM
Tue, Jul 29 2008, 8:10 AM
Tue, Jul 29 2008, 8:02 AM
Tue, Jul 29 2008, 7:08 AM
Tue, Jul 29 2008, 7:00 AM
Is it possible that some of the collapses and near misses in the
financial markets over the last six months will ultimately be tied to a
few sick an...
Tue, Jul 29 2008, 7:00 AM
The S&P Case-Shiller U.S. home price index continued
to deteriorate in May as the 20-city composite index posted a record
annual decline of 15.8%....
Tue, Jul 29 2008, 7:00 AM
The Conference Board's consumer confidence index for
July improved to 51.9 in Tuesday's report, against expectations
of a slight decline to 50.0. ...
Tue, Jul 29 2008, 7:00 AM
Consumer confidence for July and the S&P/Case-
Shiller's home price index for May will be the main focus of
Tuesday's economic events with no majo...
Tue, Jul 29 2008, 4:02 PM
Tue, Jul 29 2008, 1:00 PM
Mon, Jul 28 2008, 10:50 AM
Mon, Jul 28 2008, 9:24 AM
Mon, Jul 28 2008, 7:02 AM
Mon, Jul 28 2008, 7:00 AM
The U.S. government plans to issue more debt in the
current quarter than any time in history , the Department
of Treasury said on Monday.