Europe Can Be Saved

Speaking in Italy at the Festival of Economy, the Financial offered a variety of comments on the economy, but has spent most of his time on the current situation in Europe. In a speech long enough, Soros covered Greece, Germany and the reasons why it considers that the Union will survive financial and trade-offs between Read more about Europe Can Be Saved[…]

New-Home Sales

Fewer people bought new homes in June, evidence that the housing market remains weak. Sales of new homes fell 1 percent last month to an annual rate of 312,000, the Commerce Department said Tuesday. That’s less than half the 700,000 homes sold per year that economists say is typical in healthy markets. Last year was Read more about New-Home Sales[…]

Canadian Dollar Fall

The Canadian dollar was sharply lower amid deep disappointment in the U.S. non-farm payrolls report for June. The loonie was down 0.55 of a cent to 103.76 cents US after the U.S. Labour Department reported that the economy created only 18,000 jobs while the unemployment rate rose 0.1 of a percentage point to 9.2 per Read more about Canadian Dollar Fall[…]

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