Obama budget: $901 billion deficit in 2013

President Obama will propose a budget on Monday that forecasts a $901 billion deficit in 2013, and includes plans to make targeted investments in […]

Papademos to Ministers: Back Bailout or Quit - Bloomberg

Greek Prime Minister Lucas Papademos told members of his government they must back deeper budget cuts needed to prevent financial collapse or quit, as political […]

Best Consumer-Stock Gain May End on South Africa Valuations - Bloomberg

The world

Thank Uncle Sam for boosting your mortgage payment

While the Federal Reserve is trying to hold mortgage rates down, Congress recently gave them an upward shove.
The bill extending the payroll tax cut, which […]

State of siege lifted in Peru mine region

Peru’s government has lifted the state of emergency it declared last week in a northern region wracked by protests against the country’s biggest mining project.
The […]

Black Friday: How retailers plan to keep you here

Some of Canada’s largest retailers are planning a counter-offensive this weekend — using deep discounts and longer store hours — in a bid to keep […]

US builders spent slightly more in September

U.S. builders spent slightly more in September on home construction, partially offsetting losses in public schools, roads and government offices.
Construction spending rose 0.2 percent in […]

Enterprise Financial’s profit nearly doubles in third quarter

Growth in commercial loans and improving credit quality helped Enterprise Financial Services Corp.’s profit to nearly double in the third quarter.
Clayton-based Enterprise Financial is the […]

Why living downtown has become more attractive

When Jeff Walker purchased his home a decade ago in downtown Ottawa, environmental sustainability and transportation costs were a big reason.
“I had to sacrifice 20 […]

Survey: CEOs of big companies foresee less hiring

Only about one-third of chief executives of the nation’s largest companies expect to hire or spend more in the next six months, down sharply from […]