Pfizer drug works on rare pancreatic cancer: study

A study of Pfizer Inc’s Sutent was halted early after the medicine delayed progression of a rare form of pancreatic cancer affecting tens of […]

IMF chief says bank cleanup too slow

The world’s advanced economies are moving too slowly in ridding banks of problem assets, which could jeopardize a global economic recovery in 2010, the […]

Horwath ‘not daunted’ by Ontario’s dismal economic outlook

HAMILTON – On Andrea Horwath’s first full day on the job as provincial New Democratic leader she vowed to bring universal child care, affordable housing […]

Companies caught in Whirlpool of debt

It wasn’t long ago that Canadians were wringing their hands about the loss of such iconic companies as Hudson’s Bay, Stelco, and Molson to a […]

Goldman Cuts Global GDP Forecast, Sees 0.6% Decline

Goldman Sachs Group Inc. predicted a deeper global recession than it previously anticipated and said the slump could yet worsen.
Goldman Sachs now expects […]

S&P 500 ends day at lowest since ‘92

New York — Stocks retreated for a fifth day Tuesday as Federal Reserve Chairman Ben Bernanke said the banking system still hasn’t stabilized, offsetting […]

Dollar gains on euro, pound

The dollar rallied against the euro and the pound Monday, as the Dow Jones Industrial Average fell below 6,800 for the first time in […]

AIG posts $61.7B 4Q loss

CHARLOTTE, N.C.–American International Group is reporting that continued financial market turmoil has resulted in a large fourth-quarter loss.
Monday's results come as the U.S. government […]

Risk-free notes can be anything but

Christine is 57 years old and hopes to retire in a few years.
Last July, at her independent adviser’s recommendation, she bought what she thought […]