Tracing America's Urban-to-Urban Migration Through the Recession
Written by Nate Berg |
  
 There’s obviously a lot of talk about the rural-to-urban shift that’s underway in countries all over the world. The majority of people now live in urban areas, and that’s not expected to change. But many countries have had urban majorities for decades. The United States, for… Add new comment
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January inflation remained under control in both the U.S. and Canada
Written by Alex Carrick, RCD Canadian Chief Economist |
 In January, the rate of inflation in Canada increased a little from +2.3% the month before to +2.5%, according to Statistics Canada. That was the year-over-year change in the Consumer Price Index (CPI).
In the U.S., the inflation rate fell back ever so slightly to…Inflation Doesn’t Just Happen
Written by Claus Vogt |
 First of all, inflation is man-made. It is the wealth-destroying outcome of reckless monetary and fiscal policies.
For instance …
From 1949 to 1969, when the Bretton Woods monetary system was working properly, official foreign exchange reserves increased 55 percent globall…Japan: The Sleeping Sovereign Debt Giant
Written by Bryan Rich |
 (May 2010) Over the course of this year in my Money and Markets columns I've presented some compelling reasons why the euro zone and the euro were in for a life threatening crisis. And despite the general consensus along the way that the problems in Greece were contained …China–ASEAN Free Trade Area
Written by Editorial Team |
 The ASEAN–China Free Trade Area (ACFTA), also known as the China–ASEAN Free Trade Area is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China. The initial framework agreement was signed … |
U.S. November retail sales played a role in boosting the economy
Written by Alex Carrick |
 Media hype concerning records set by retailers on Black Friday and Cyber Monday may have led to unrealistic expectations of how strong the November retail sales report from the Census Bureau would be.
The total dollar volume pulled ahead 0.2% month to month, which was …Sticking Out the Neck
Written by Jeff Stimpson |
 “Never volunteer!” is the old army adage. “Volunteering looks great on the resume!” is the old job-hunter’s adage.
I was never in the army and never will be, now, as I’m 48. I am, however, coming into my 19th month of unemployment and I have a son with autism, so I thoug…Can I borrow someone’s dollar stretcher?
Written by Bryan Lawson |
 Does anyone have a dollar stretcher I could borrow or could I pick from your money tree? Isn’t this something that most of us are wishing for right now. Unemployment rates are at an all time high and it seems that cutbacks and instability are have become a permanent part of … |
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Senate immigration bill to aid economy, budget office says
By Thomas Ferraro and Richard Cowan WASHINGTON (Reuters) - A White House-backed bill to overhaul the U.S. immigration system got a boost on Tuesday when the non-partisan Congressional Budget Office concluded that the measure would cut federal budget deficits and boost the U.S. economy. The CBO analysis came as the Senate fended off amendments by the bill's opponents that would have delayed for an unspecified amount of time provisions to legalize up to 11 million undocumented immigrants and allow them to gain citizenship within 13 years. ...
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UK's Osborne to unveil future of state-controlled banks
By David Milliken and Matt Scuffham LONDON (Reuters) - The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes. But while Osborne will attempt to point to a healthier future for Britain's economy and banking sector in his annual speech to financiers in the evening, reminders of recent troubles will not be far away. An influential panel of legislators called for new laws on Wednesday to make it easier to jail reckless bankers. ...
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UK lawmakers call for 'reckless' bankers to face jail
By Matt Scuffham LONDON (Reuters) - Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday. The Parliamentary Commission on Banking Standards, set up by the government last year after Barclays was fined over the manipulation of global interest rate benchmarks, said deep lapses in standards had been commonplace and recent scandals had exposed "shocking and widespread malpractice". "Taxpayers and customers have lost out. The economy has suffered. ...
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Senate immigration bill would boost economy, CBO says
WASHINGTON (Reuters) - A White House-backed immigration bill moving through the U.S. Senate would cut federal budget deficits over the long term and provide an overall boost to the economy, the Congressional Budget Office said on Tuesday. The CBO, the nonpartisan budget scorekeeper for Congress, estimated the legislation would reduce deficits by $197 billion from 2014 to 2023 and by $700 billion from 2024 to 2033. The estimate contrasts starkly with a forecast issued last month by the conservative Heritage Foundation think tank that said the immigration bill would cost taxpayers $6. ...
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Fed optimism, Tim Hortons lift TSX to 1-week high
By John Tilak TORONTO (Reuters) - Canada's main stock index climbed to a one-week high on Tuesday as positive economic data and hopes that the U.S. Federal Reserve will stick to its supportive monetary policy drove gains in almost every major sector. Coffee chain Tim Hortons Inc also boosted Canada's main stock index rising 4 percent on news that it now faces pressure from U.S. hedge fund Scout Capital Management to make changes after recently outlining plans to address the concerns of activist investor Highfields Capital. Sentiment improved further after U.S. ...
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