It’s up to you to test your adviser

A recent column advocating a fiduciary standard for all financial advisers — meaning always putting the client’s interests first — prompted a spate of […]

Stagnant household income threatens economic recovery

Household income in the United States is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic recovery. […]

Investors punish CIBC over loan losses

Investors hammered shares of Canadian Imperial Bank of Commerce yesterday on worries about unexpectedly large loan losses, even as the bank announced soaring third-quarter profits.
The […]

What goes up doesn’t always come down

What happens if you had a recession and housing prices didn’t really go down?
That’s the scenario Toronto could be in by the end of 2009, […]

Markets upbeat on U.S. Fed comments

HONG KONG – World stock markets jumped Monday as upbeat comments from the U.S. Federal Reserve's chairman and signs the American housing industry was […]

Condo buyers may have to line up again

A new highrise will soar at 1 Bloor, considered one of Toronto’s most prestigious addresses. But it looks like former buyers of the condominium project […]

GM cans Buick sport-ute plan within weeks of announcement

DETROIT–General Motors vice-chairman Tom Stephens said Wednesday the company is scrapping plans to produce a Buick crossover sport-utility vehicle, just weeks after announcing the […]

Japan pulls out of recession, but outlook shaky

Japan’s economy returned to growth in the second quarter, pulling out of its longest recession since World War Two, but analysts warned of a […]

Canadian manufacturing sales rise in June

OTTAWA–Manufacturing sales rose 1.9 per cent to $39.7 billion in June, partially reversing a 4.9 per cent decline posted in May, Statistics Canada said […]

Delta, Atlanta deal to lead to big bond: report

U.S. carrier Delta Air Lines Inc and the Atlanta airport are close to a lease agreement that would pave the way for an $800 […]