Economy

U.S. debt drama: Financial experts still hopeful

Debt Crisis Update

By Vikram Barhat |July 29, 2011

3 min read

Obama calls for action

President Barack Obama warns the U.S. will lose top credit rating in default, urges people to pressure Congress.

July 29, 2011

2 min read

Debt crisis portfolio outlook

We are less than a week away from the self-imposed August 2nd deadline for the United States to increase its debt ceiling from the current $14.3 trillion. The United States has imposed a debt ceiling limit since 1917 as one of several ‘checks & balances’ for its political system.

By David Andrews |July 29, 2011

5 min read

Economic news drives down consumer confidence

Canadian consumer confidence has taken a hit amidst negative reports on employment, continuing high gas prices, the markets, and the yet to be resolved debt crisis, according to the TNS Consumer Confidence Index for July.

By Staff |July 28, 2011

2 min read