Economic Indicators

U.S. consumer sentiment surges: report

A monthly gauge of U.S. consumer sentiment jumped higher in early October, pushing past Wall Street’s expectations, says MarketWatch. Economists had told MarketWatch before the release of the data today that while the index jumped up to a final reading of 78.3 in September, the gauge should be sitting higher on average and would be […]

By Wire services |October 12, 2012

2 min read

Fed official proposes new U.S. bank cap

U.S. lawmakers are being urged by regulators to cap the size of banks based on the amount of their borrowing.

By Wire services |October 11, 2012

2 min read

Beware these 6 financial mistakes

No one likes to lose money. But if you make a bad financial decision, it can set you back a hefty penny or two. In the U.S., for example, the average mistake costs $23,000, reports MoneyWatch. While investing isn’t foolproof, there are some steps you can take to avoid potential losses. Read: Mind those mistakes […]

By Wire services |October 11, 2012

1 min read

More Canadians are debt-free: RBC

Canadians have been working hard in 2012 to reduce their debt levels. In fact, 26% have no personal debt, up from 22% in 2011, finds RBC. Further, 51% say it’s more important to pay down debt than save or invest in the future, up from 49%. Read: Canadians focused on reducing debt “It’s encouraging the […]

By Staff |October 10, 2012

1 min read