Recession

Industry

AIG selling off $2 billion of AIA stake

Insurance giant American International Group is selling part of its stake in Asian insurer AIA Group.

By Staff |September 7, 2012

1 min read

Industry

Corporate Canada failing to drive growth: Carney

Mark Carney says Canada's publicly traded companies aren’t taking advantage of ultra-low interest rates.

August 22, 2012

2 min read

Industry

Fed leans toward further easing

If the global economy fails to grow substantially in coming months, further stimulus will be essential, says the minutes of the Fed's July 31-August 1 Federal Open Market Committee meeting.

August 22, 2012

2 min read

Industry

U.S. investor appetite returning

The S&P Growth Index—a key benchmark for U.S. growth stocks—has risen to its highest level in more than a decade. But, while investors have pulled their heads out of the sand, the economy is lagging behind.

By Wire services |August 16, 2012

6 min read

Greece fights for two-year austerity extension

Greek Socialist official Panos Beglitis says a proposed round of massive new austerity cuts won’t work without major changes and an extension. Parties in the country’s new coalition government are at odds over how to rescue troubled Greek public finances. Beglitis made the remarks earl this month, hours before the coalition tried once more to […]

By Wire services |August 15, 2012

1 min read

Profits sliding for U.S. blue chips

Wall Street analysts are scaling back their growth expectations for the largest U.S. companies; an early warning sign the country is hovering on the edge of a recession, reports the Financial Times. They predict the revenue of leading U.S. blue chip companies will rise at an annual rate of 1%-to-1.5% during the third quarter of […]

2 min read

Morning roundup: Recession risks rise; J.P. Morgan investigation

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – First the Facebookalypse, now Taxmaggeddon! The Congressional Budget Office issued a report saying proposed tax hikes to close revenue gaps could push the U.S. back into recession if […]

By Staff |May 23, 2012

1 min read

Job growth will bolster U.S. economy

The U.S. economy is poised to gain 2.5% this year, up from a weak 1.7% in 2011, says the Conference Board of Canada’s U.S. Outlook-Spring 2012. “Last year, the U.S. economy appeared ready to take off, only to slump over the summer months,” says Kip Beckman, principal economist. “Fortunately, there are some major differences between […]

By Staff |April 23, 2012

1 min read

Recession

AIG selling off $2 billion of AIA stake

Corporate Canada failing to drive growth: Carney

Fed leans toward further easing

U.S. investor appetite returning

Greece fights for two-year austerity extension

Are your clients itching to leave?

Profits sliding for U.S. blue chips

Bloated financial sectors weigh on economies: study

Morning roundup: Recession risks rise; J.P. Morgan investigation

Job growth will bolster U.S. economy