Most interesting finance and busines news.
Prime Minister Gordon Brown said rising energy and food costs will limit growth in the U.K.
“If you've got a 60 to 80 percent growth in oil, coal and gas prices, it's bound to affect the rest of the economy,'' Brown told the BBC's The Politics Show. “The issue for us is actually, […]
The United States is at the edge of a recession, with the odds at 50 percent or possibly higher, former Federal Reserve Chairman Alan Greenspan said on Thursday.
“The odds have definitely moved up from a year ago when I was talking of about a third,” Greenspan told a financial audience in Vancouver.
“I […]
Shares of Toronto-Dominion Bank slumped Monday on speculation that the lender had substantial undeclared exposure to the subprime mortgage mess, a notion the bank staunchly denies.
Toronto-Dominion Chief Executive Officer Ed Clark has spent the past few months reminding anybody who will listen that his bank has avoided the subprime debacle, but a rumor swept through […]
Filed under: Canada, bank, dollar, finance, money, news by Guru
Comments Off