WHITE HOUSE WATCH: OF ISM, FALLING MICE AND THE NEW DONGFENGS

By Denny Gulino THE WHITE HOUSE (MaceNews) – Here at the center of the action Tuesday, about 150 feet from the Oval Office , there is …. no action. When you watch the evening news, it will seem that a lot is going on. But take it from one of the “pool” reporters who rotated […]

CANADA GDP FLAT IN JULY, WITH GOODS-PRODUCING SECTOR WEAKENING

By Gordon Isfeld OTTAWA (MaceNews) – The Canadian economy stalled in July after a four-month growth spurt, as major sectors such as manufacturing, construction, and oil and gas showed signs of weakening. “Following four months of growth, real gross domestic product was essentially unchanged in July as a decline in goods-producing industries was offset by […]

FED’S EVANS SEES CURRENT RATES AT APPROPRIATE LEVELS, BUT LEAVES EASING DOOR OPEN

By Laurie Laird FRANKFURT (MaceNews) – U.S. interest rates currently reflect the “fundamental” resilience of the economy, according to an influential Federal Reserve policy maker, in line with the latest outlook provided by the central bank, suggesting a holding pattern for monetary policy. “The setting of the funds rate at the moment is appropriate for […]