Economy

U.S. jobless claims drop sharply

The number of Americans seeking unemployment benefits fell last week by the most in nearly a year. The figure was a hopeful sign one day before the government releases the April jobs report.

By Wire services |May 3, 2012

2 min read

Rate hikes? Not so fast

Despite repeated warnings that interest rates may rise sooner than many Canadian consumers expect, at least one economist says recent GDP data will give the Bank of Canada reason for pause.

By Staff |May 3, 2012

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U.S. banks ease credit conditions: Fed

Credit conditions in the U.S. are improving due to the rising demand and easier terms for loans, according to the quarterly Federal Reserve survey of senior loan officers.

May 1, 2012

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Business optimism rising

Global business optimism has increased over the last three months, driven by improved revenue and demand prospects, according to the latest Grant Thornton International Business Report (IBR).

April 24, 2012

2 min read