The latest local, global economic and financial news

Economic

U.S. housing starts up slightly in July in face of high costs

Manufacturing sales rise 1.1% in June, boosted by oil and coal

U.S. productivity grew at strong 2.9% rate in Q2

U.S. retail sales rose at robust 0.5% annual rate in July

More Economic

Fed signals end to QE2

U.S. politics threaten AAA-rating: HSBC

U.S. new home market warms

Federal deficit improves

Debt–laden Canadians struggling to save

S&P warns on U.S. debt

Canadian firms bullish, but fret about inflation