Economy

Droughts, rising food prices predicted for 2013 Fallback Image Decorative pattern

Economic Indicators

Droughts, rising food prices predicted for 2013

If conditions don’t improve, food prices will likely remain high this year after a record 2012 for grain futures.

By Staff |January 23, 2013

1 min read

Jobless ranks to swell in 2013 Fallback Image Decorative pattern

Economic Indicators

Jobless ranks to swell in 2013

The New York Times reports over 197 million people are out of work worldwide, and close to 40 million more have thrown in the towel and stopped looking for work altogether.

By Staff |January 22, 2013

1 min read

U.S. to focus on budget deficits Fallback Image Decorative pattern

Economic Indicators

U.S. to focus on budget deficits

Now that the inauguration of President Obama is behind us, the nation is turning it’s focus onto another matter — budget deficits. In the next 15 years, debts will rise in an unsustainable way if no action is taken beyond the 2011 budget deal and the end-of-year fiscal cliff agreement, reports Lawrence Summers of ft.com. […]

By Wire services |January 22, 2013

1 min read

Entitlement reform key to recovery: TD economist Fallback Image Decorative pattern

Economic Indicators

Entitlement reform key to recovery: TD economist

How advanced economies deal with government debt will shape the economic and investment landscape for the next 10 years, Craig Alexander, senior vice president and chief economist, TD Bank Group, said at a Strategy Institute Summit in Toronto.

By Dean DiSpalatro |January 22, 2013

4 min read