Sears Canada tarnishes the gold standard of pensions
Nov 08, 2017 15:36 pm UTC| Insights & Views Economy
Like many department stores, Sears Canada has struggled with competition from specialty stores and online retailers. Its bankruptcy will eliminate some 12,000 jobs and leave 16,000 retirees worried about their...
Why financial inequality can't simply be blamed on older people hoarding their wealth
Nov 08, 2017 15:16 pm UTC| Insights & Views Economy
Millennials are typically spending three times as much money on housing costs as their grandparents, according to recent research from the Resolution Foundation think tank. It has warned of a tight spending squeeze for...
The world is in economic, political and environmental gridlock – here's why
Nov 08, 2017 15:14 pm UTC| Insights & Views Economy
The crisis of contemporary democracy has become a major subject of political science in recent years. Despite this, the symptoms of this crisis the vote for Brexit and Trump, among others were not foreseen. Nor were the...
GOP plan to tax college endowments like Yale's and Harvard's would be neither fair nor effective
Nov 08, 2017 15:04 pm UTC| Insights & Views Politics Economy
Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my...
Shipbuilding in Britain: how to reboot it
Nov 08, 2017 14:40 pm UTC| Insights & Views Economy
The UK has a new strategy for shipbuilding. After a 20th century marked by a painful decline in UK shipbuilding, it is not about to resume global dominance. There is, however, a chance to leave the past behind and revive...
U.S. Treasuries range-bound ahead of 10-year, super-long 30-year auction
Nov 08, 2017 10:54 am UTC| Commentary Economy
The U.S. Treasuries traded tad lower Wednesday as investors wait to focus on the countrys long-term 10-year auction, scheduled to be held today by 18:00GMT. Also, the countrys 30-year note auction, due on November 9 by...
EUR/USD likely to rise to 1.25 by Q2 2019, says ANZ Research
Nov 08, 2017 09:53 am UTC| Commentary Economy
The ECB has attempted to limit the upside for the euro by stressing the link between developments in financial conditions and QE. The market may try to probe the downside in EUR/USD, but demand for euro area real and...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects