Green shoot and dandelion

Measuring the recession

The good, the bad, the less bad, and the ugly

Parsing the week’s economic indicators, and looking ahead to what’s next. This week: Signs of healing but a fragile recovery expected

David Ricardo

In Review

Required reading: Five essential stories of the week

Why the Pope wants a new financial order. How the cost of aging is weighing on governments. And, why it only seems like the summer of the strike

Derek DeCloet

Commentary

China must tread lightly with attack on greenback

Country has been pounding away that the world needs a new reserve currency to replace the U.S. dollar

Introducing: Street Quotes

What market watchers are saying this week

David Parkinson tracks down the insightful, the outspoken, the colourful and occasionally the just plain weird words coming out of the investing community

Movie goers watch Ice Age: Dawn of the Dinosaurs 3D at the Scotiabank Theatre in Toronto.

Is the future filmed in 3-D?

When James Cameron's Avatar hits theatres this year, it will be the most expensive movie ever made. The director wants to change not only the way we watch movies – but also the industry itself.

Strike looms at Vale Inco's nickel operations

More than 85 per cent of unionized workers reject company's final contract offer, with Sunday midnight strike deadline approaching

New GM's next task: Restore customer confidence

Emerging from bankruptcy protection, auto maker to have four brands instead of seven

Ranks of jobless, self-employed swell

Unemployment rate climbed to 8.6 per cent in June as the economy shed a fewer-than-expected 7,400 jobs

Restaurant sector

Tims makes foray into New York

Canadian coffee and doughnut chain to open a dozen outlets in Big Apple over the weekend

Portfolio Facelift

Time is still right to build high-income portfolio

Markets have enjoyed a surge recently, but many good dividend-yielding stocks and corporate bonds are still undervalued

Matthew Dobbin (left) mentors Rodney Bergman (right) as part of an in-house program run by Accenture that pairs tech savvy younger employees with senior employees.
Weekend Workout
Role reversal
Advertisement:

Market Action

Markets Change Value
S&P/TSX Composite -26.79 9,747.13
Dow Jones Industrials -36.65 8,146.52
S&P 500 Index -3.55 879.13
NASDAQ Composite 3.48 1,756.03

Powered by Globe Investor

Market Blog
The close: Four in a row

The losing streak stretches on

David Berman
SEARCH FOR
LOCATION

Calendar
Goldman Sachs reports, Tuesday

Get up to speed on the news that matters, before it happens

July 13 - 17
Streetwise
New hires at Macquarie and UBS

Macqurie hires Watanabe from TD and Lindow, last with UBS, to bolster desk; Toriola to cover oil stocks at UBS

Fabrice Taylor
Why Ontario bonds are a lousy bet

The province is deep in debt and unlikely to become more attractive to business

Construction
With glowing hearts, an Algerian city rises

SNC-Lavalin wins deal to build town near oil field that will house 80,000 people

The Skikda thermal power plant, one of SNC-Lavalin's projects in Algeria
John Heinzl
Signs of fizz returning to Coke

Some believe battered stock is a bargain as company adapts to changing consumer tastes and speeds its international expansion,

My money
Ten tips for steering clear of credit scams

There are plenty of financial scams out there bilking innocent people of their hard earned money. Here are some other warning signs that should ring your scam alarm.

Will we soon be returning to happier times?
Strategy
Stay in stocks this summer, CIBC says

And watch for buying opportunities if the market slips again, chief economist Avery Shenfeld says

Let's Talk Investing
What rising mortgage rates mean to you

Robert McLister, author of the Canadian Mortgage Trends blog and a mortgage planner, talks to Rob Carrick about what borrowers should do in this environment

Robert McLister, author of the Canadian Mortgage Trends blog and a mortgage planner
ROB Magazine
The Top 1,000: Pain, no gain

Unless you were selling oil, it was the year that profits swooned in the heat of a global meltdown. And don’t put those smelling salts away yet