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American Apparel's energy and fashion risk-taking was refreshing, and I would venture to say that it revived a love for long-lost styles that have since been adopted and copied by many fast-fashion retailers. Blatant dare-to-dream mentality and unabated vision is so hard to come by these days. Whatever happens, American Apparel is an example of what to do.
WASHINGTON - The U.S. economy's stumble at the start of 2015 is dragging down the world's growth to the lowest level since the Great Recession, the International Monetary Fund said Thursday.The IMF fo...
According to many North American economic analyses, we're not headed toward a bubble -- we're in one. But how is this bubble different from past bubbles and what will happen when it ultimately bursts?
WASHINGTON - After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 per cent in the April-June quarter, the government said Thursday, slightly faster than it had first es...
WASHINGTON - The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008.The Treasury Department said Friday that its June surplus tot...
"Merger of the Century" is stirring a conversation in both Canada and the United States. And kneejerk reactions, by those who haven't read it, miss the actual reasoning behind the book that cannot be...
The bottom line? Fiscal policy is already a drag on growth, and will be, but perhaps not for as long as many now believe, given the speed with which fiscal dynamics can flip around. Monetary policy is generally expected to tighten, but in a way that does not undermine, but rather lend support to nascent economic growth.
International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?
Americans and Canadians should take note -- beyond the surface in Ohio lies an incubator and perhaps even a model for what a future energy self-sufficient North American economy might look like. This should cause Canada to worry about moving from leader to laggard economically.
In a few days the "fiscal cliff" deadline will arrive and potentially bring massive automatic spending cuts and tax increases to the U.S. Even if Congress and the President agree to avoid the cliff, the next crisis awaits.
It has long been said that when the U.S. sneezes, Canada catches a cold. So why have these debt-related ailments in the U.S. not afflicted the Canadian government? The answer is that Canada has been practicing what the U.S. always preached. That is why we Canucks are not jumping off cliffs or smashing into ceilings.
If the labour market does indeed turn, and it becomes a buyers' market, are you ready to attract the best talent? This change could be big. Is your company positioned well enough in the market to keep your current high potentials and simultaneously attract new A-players?
The U.S. economy is careening toward the so-called fiscal cliff at a frightening pace, and it's creating a lot of concern. Will political sclerosis drive America -- and the world -- to the precipice? If it did, it would be a shame. Consumers are spending at a rapid clip. Housing markets have turned the corner. Is the present whiff of recovery incentive for action?
As metaphors go, "fiscal cliff" must surely rank as one of the most striking ever coined. It implies something scary, irreversible, even fatal. U.S. Federal Reserve chairman Ben Bernanke – normally o...
How do governments "create" money? That is the very relevant question a Sun reader asked me after reading one of my columns. Well, physical cash is only a tiny portion of existing money. Most of it nowadays simply exists as digits in computers. Granted, monetary economics is one of the most boring and technical topics in the field of economics. But given what is at stake in this risky experiment, we all have an interest in better understanding what is going on.
With the victory that is known as Obamacare under his belt, a strong national security platform, and an opponent with a personality that has alienated the American public, Obama remains a strong incumbent president. While I hesitate to make any predictions, the odds are in favor of a second term for President Barack Obama.
Barack Obama is foreign. Oh yeah? Mitt Romney is a bully. Think the U.S. presidential election will be about the economy? Think again. We'd like to imagine that elections are decided on the issues, by voters responding rationally to competing policy proposals. But myth and narrative are stronger than reason -- and strongest of all when, as now in the U.S., times are hard and solutions are lacking.
Recently the Wall Street Journal told its readers that Canada is faring better than Americans, and that "Canada shows how mistakes can be reversed with sound policies." When outsiders remark that Canada is being well and responsibly governed, we in Canada could do worse than take note.
TORONTO -- The Canadian economy appears to be on a long-term trend toward less dependence on the United States, according to a new study issued Wednesday by TD Economics. The study released Wednesday...
OTTAWA - The Canadian economy will likely be able to avoid a double-dip recession, predicts a new report as fresh evidence emerged that Canadians have more than recouped the hit to their pocketbooks f...
Canada created jobs at a rate more than five times as fast as the United States in September, according to numbers released in the two countries Friday. It's yet another sign that, even as the two eco...
Former New York mayor Rudy Giuliani says the United States has let its economy and federal budget get so out of control that it has become a national security problem that could compromise the safety...
WASHINGTON - The U.S. economy grew at a meagre one per cent annual pace this spring, a slower rate than previously estimated. The downward revision will likely increase fears that the economy is at ri...
BEIJING, China - Global stock markets tumbled Tuesday after downbeat U.S. data fueled fears the world's largest economy might be sliding back into recession. Oil prices fell to near $94 a barrel on ex...
WASHINGTON - President Barack Obama appealed for public support Saturday to push Congress to avert an unprecedented default on America's national debt as lawmakers worked on dual tracks to reach an el...
CBC — TORONTO - The Canadian dollar was higher Monday in the wake of strong economic reports last week that could persuade the Bank of Canada to raise its key interest rates sooner rather than later....