Grave business - my financial world

The British government will restructure the country’s banks by separating their retail activities from riskier investment banking operations, Business Secretary Vince Cable said Sunday.
Cable said […]

The deficit in the broadest measure of foreign trade fell in the summer to the lowest level in nearly two years, reflecting stronger exports of […]

The Toronto stock market was higher Tuesday as crude oil prices rose and traders took in positive data from Europe

The number of people applying for unemployment benefits fell last week to the lowest level in nine months, evidence that the job market is improving.
The […]

Citigroup Inc. is eliminating 4,500 jobs in its latest effort to cut costs. The bank will take a $400 million charge in the fourth quarter […]

U.S. stocks appear headed for gains after overseas markets welcomed German Chancellor Angela Merkel’s call for stronger rules to enforce fiscal discipline in the European […]

Republicans and Democrats on Congress’ deficit-reduction supercommittee have resumed face-to-face meetings after more than a week of backbiting and stalemate.
But the 12-member panel is still […]

China’s government is pessimistic about its export outlook this year amid global economic turmoil, a Commerce Ministry spokesman said Wednesday.
Demand for Chinese goods is under […]

Italy’s Senate prepared Friday to vote on economic reform measures demanded by the European Union that should pave the way for Premier Silvio Berlusconi to […]

Employers likely added only enough jobs in October to keep the unemployment rate from rising, reflecting their cautious outlook in the sluggish economy.
Economists predict employers […]