Wednesday June 19, 2013




National Business


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Fed sticks with bond purchases but offers brighter outlook for the economy

WASHINGTON - Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year because the economy is strengthening....

posted: June 19,2013





National Business

Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:...


Hudson's Bay says it's not just a retailer, but a hangout for shoppers

TORONTO - Hudson's Bay Co. says the only way its business will continue to thrive is for it to move away from being seen as just a department store....


Oil falls as Fed's brighter outlook signals a possible unwinding of stimulus

NEW YORK, N.Y. - The price of oil fell slightly Wednesday as the U.S. Federal Reserve indicated it's closer to easing up on economy boosting measures that have been a boon for commodities....


Stocks tumble, traders fret over tapering of stimulus, Fed says economy mending

TORONTO - The Toronto stock market closed deep in the red Wednesday as the U.S. Federal Reserve said it doesn't plan on cutting back on a key stimulus program right now....


Loonie slides, U.S. bonds, greenback advance on stimulus cutback expectations

TORONTO - The Canadian dollar closed sharply lower Wednesday after the U.S. Federal Reserve said that it would maintain the pace of a key stimulus program....


US stocks sink and bond yields rise after Bernanke says Fed could slow its bond purchases

NEW YORK, N.Y. - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year....









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