Economy

Nasdaq earnings lower than expected

Nasdaq’s second-quarter earnings were depressed by loss of market share for U.S. equity transactions and costs incurred trying to expand into data and fixed income trading, reports the Financial Times.

By Staff |July 25, 2013

1 min read

U.S. new home sales rise

Sales of new single-family houses in June were at a seasonally adjusted annual rate of 497,000.

By Staff |July 25, 2013

1 min read

Canadian firms aren’t competing globally

Only one-sixth of Canadian firms adopt an innovation strategy that focuses on competing in international markets. Lack of funding is the biggest challenge.

By Staff |July 17, 2013

2 min read

Carney against extra QE

The minutes of Mark Carney’s first Bank of England policy meeting show the vote to stay the course with QE was unanimous.

By Staff |July 17, 2013

1 min read