Sep
30
The 25% plunge last week in the Baltic Dry index is not good news for those hoping for a mild recession in the global economy. The index measures the cost of shipping raw materials by ocean tanker and is considered a leading indicator of the direction of the world economy. ...
Sep
19
A reader writes asking for help finding a real-estate agent who can sell her house in a down market. “I have been trying to sell my home since Christmas without much luck,” she explains. “Unfortunately, the agents have been unhelpful: everyone wants the listing but not the work.”
May
16
The current edition of Canadian Business Magazine has a feature titled “The Power of Innovation” with a ranking showing that we are number 7 out of 25 in 2007 when compared to the world’s largest economies. (See rankings at www.canadianbusiness.com/countryrankings). This remains unchanged from 2006. So how much money has ...
Mar
04
Today the main Indian exchange, Sensex, has stopped trading after dropping more than 11%—and that’s after a big drop yesterday. In Hong Kong, the Hang Seng opened down 5.4%. Europe was a nightmare, too. In the States, Nasdaq opened down 5% after a holiday yesterday, and the Dow immediately shaved ...
Well, the superb job numbers released last Friday once again impressed headline writers around the country, as employment rose and the economy posted yet another 33-year low in the unemployment rate.
