Business

US stocks recovered on Friday after Thursday’s slump

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After a 2-month record plunge on Thursday in Wall Street, US stocks recovered on Friday. News that the US economy had grown by a...
Servicemember family

Loans to military personnel law to be extended

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A 7-year-old law designed to address the problem of high-interest loans to military personnel should be tightened up, the Obama Administration announced, responding to...
tsx

TSX rebounds after dismal week

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After a dismal week the TSX has rebounded strongly, with tech and energy stocks giving it a boost back up. Blackberry shares went up by...
Survey of Consumers

US consumer confidence improved in September

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A better economic outlook combined with greater expectations of higher incomes have boosted consumer confidence in the United States in September, according to the...
Spain

Spain’s economic outlook improves

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Spain's economic outlook for 2014 and 2015 has improved. On Friday, Spain’s government forecast that GDP would grow by 1.3% this year, compared to...
US Flag

US economy grew by 4.6 percent in the second quarter

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The US economy grew by 4.6% in the second quarter of 2014, the fastest pace since the last quarter of 2011 when it also...

Bill Gross leaves Pimco to join Janus Capital Group

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American bond investor and author Bill Gross leaves Pimco, the firm he co-founded in 1971, to join Janus Capital Group Inc., where he will...
sears logo

Sears Canada CEO steps down as retailer braces itself for brankruptcy

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Sears Canada might have to brace itself for a possible bankruptcy. Sears Canada is facing the possibility of bankruptcy, with the department store chain searching...
Bombardier

Bombardier reports 40 new firm orders for its CS300 jetliners

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Bombardier Commercial Aircraft has announced that its signed a firm purchase agreement to sell 40 CS300 jetliners to a wholly owned affiliate of Macquarie...
Wall Street Down

Thursday’s Wall Street slide puzzles investors

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Why did Wall Street suffer its sharpest one-day loss in two months on Thursday? Investors and analysts say they are bewildered. Could it have...