Economy

2013 predictions from the oilpatch

Stocks will perform below their historical averages, but still around 4% over the next two-to-five years.

By Jacqueline Louie |January 21, 2013

3 min read

Swiss franc tumbles on profit booking

A wave of sell-off hammered the Swiss franc, which tumbled to its lowest in 20 months. A result of currency traders moving quickly to capitalize on improved sentiment in Europe, the franc’s fall has led many to believe the Swiss National Bank could unload some of its large cache of foreign currency to book profit […]

By Staff |January 18, 2013

1 min read

U.S. under scrutiny in 2013

All eyes will turn to the U.S. as it struggles to get its fiscal house in order.

By Dean DiSpalatro |January 18, 2013

2 min read

U.S. economy experiences moderate growth

Economic activity in the U.S. is expanding, reports the latest Federal Reserve Beige Book, suggesting the country has been able to endure fiscal cliff uncertainty. All 12 Federal Reserve Districts characterized the pace of growth as either modest or moderate in December. Read: Fiscal cliff FAQ Trends in wages, prices, and employment conditions were relatively […]

By Staff |January 17, 2013

1 min read