55% Chance Of Made-In-China World Recession: Citigroup

The Huffington Post Canada | Daniel Tencer | Posted 09.09.2015 | Canada Business

The U.S.’s fourth-largest bank is betting the world is headed for a recession. In a note published Tuesday, the chief economist at Citigroup, Wil...

Four Big Banks Plead Guilty To Rigging Global Currency Markets

CP | Ken Sweet And Eric Tucker, The Associated Press | Posted 05.20.2015 | Canada Business

WASHINGTON — Four global banks agreed Wednesday to pay more than $5 billion in penalties and plead guilty to rigging the world's currency market, th...

Look At The Massive Spike In Energy Industry Layoffs

The Huffington Post Canada | Daniel Tencer | Posted 02.10.2015 | Canada Business

Announced layoffs in the U.S. energy industry have hit a record high of more than 20,000, according to a new analysis from the Bank of Montreal. Bu...

Major Shake-Up At Citibank

Posted 10.16.2012 | Canada Business

Vikram Pandit is resigning as CEO of Citigroup, the company announced in a press release Tuesday. He will be replaced by Michael Corbat, previously th...

World's Richest Country 40 Years From Now Will Be..

The Huffington Post Canada | Daniel Tencer | Posted 11.06.2012 | Canada Business

Economists often can’t agree on where the economy will be headed next week, let alone where it will be 38 years from now, so predictions about the s...

26 U.S. Companies Paid CEOs More Than Government Taxes: Study

CP | Bernard Condon, The Associated Press | Posted 10.15.2012 | Canada Business

NEW YORK, N.Y. - Twenty-six big U.S. companies paid their CEOs more last year than they paid the federal government in tax, according to a study relea...

Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

The Huffington Post | James Sunshine | Posted 10.06.2012 | Canada Business

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it...

Bank CEOs Try To Strong-Arm Fed

The Huffington Post | Mark Gongloff | Posted 06.27.2012 | Canada Business

The banking industry is getting personal in its tireless fight against regulation. Jamie Dimon, chief executive of JPMorgan Chase and the industry'...

Universal To Buy EMI Music In $1.9 Billion Deal

CP | The Associated Press | Posted 01.11.2012 | Canada Business

LOS ANGELES, Calif. - EMI Group Ltd., home of The Beatles and Coldplay, has been sold in two parts for US$4.1 billion.Vivendi SA's Universal Music Gro...

Not Just Hippies Occupying Wall Street

Raymond Heard | Posted 12.19.2011 | Canada Politics
Raymond Heard

Occupy Wall Street is supported by titans of commerce, not just a bunch of latter-day hippies, street people and other idealistic, but woefully misguided, young people. And those pundits, including the contenders for the Republican presidential nomination, who whine it has no clear goal, are themselves hypocrites.

Loonar Eclipse

Andrew Pyle | Posted 11.26.2011 | Canada
Andrew Pyle

For snowbirds looking to make their annual sojourn to southern U.S. climates, this recent weakness in the canuck buck couldn't have come at a worse time. My advice for those who are going to be looking to convert Loonies for greenbacks is to stagger those purchases over the next few months.

Wall Street Aristocracy Got $1.2 TRILLION In Secret Loans

Bloomberg | Posted 10.22.2011 | Canada Business

Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as ...

Water Market Will Be Bigger Than Oil, Analysts Predict

The Huffington Post Canada | Daniel Tencer | Posted 09.20.2011 | Canada Business

Forget oil and natural gas. The truly worthwhile commodity in which to invest in the 21st century is water, say a growing number of economists and mar...