Poloz will not change Canadian economic policies based on the US Fed
Stephen Poloz, Governor of the Bank of Canada, has said that he will be focusing monetary policy on Canadian economic growth, rather than making...
S&P downgrades Finland’s credit rating from AAA to AA+
Standard & Poor’s cut Finland’s credit rating from AAA to AA+, amid concerns of the country’s pace of economic growth.
Finland was one of the...
Pork prices may drop as farms rebound from virus and stocks surge
Last year millions of baby pigs died due to a virus which increased the price of pork. However, high temperatures over the recent summer...
S&P 500 swings drives CBOE Volatility Index spike
The CBOE Volatility Index peaked to over 20 for the first time since early February. Volatile action in US stocks is a sign of...
Weak global growth could postpone Fed interest rate hike
Reports of weak global growth could slow the pace at which the Federal Reserve increases interest rates, according to Fed Vice Chairman, Stanley Fischer.
At...
IMF revises down GDP growth for emerging Europe
The International Monetary Fund (IMF) has revised down its growth forecasts for emerging Europe to 1.2% for 2014, due to the Ukraine-Russia tensions. The...
Enbridge’s Line 9 pipeline startup delayed by at least 90 days
The operation of the newly reversed Enbridge Inc.’s Line 9 pipeline has been postponed by a few months following the National Energy Board’s request...
US Teens like Instagram now, not Facebook
American teenagers today prefer Instagram and Twitter rather than Facebook, showing they have become visual and sound bite communicators, says a new survey carried...
Amazon to open its first physical shop
Amazon.com says it plans to open its first physical shop. The bricks and mortar store will be located in New York across from the...
Men and women judge art differently
Men and women evaluate art differently, researchers found. While women focus more on the art itself, men tend to pay more attention to the...