| Consumer confidence falls in July Consumers' confidence in the economy fell for the second straight month in July, the Conference Board of Canada says. cbc.ca |
Australia facing slower economic growth AUSTRALIA'S economic growth rate slows for third straight month, sparking fears of an imminent slow down, says survey. news.com.au |
OECD warns Canadians about debt loads High personal debt levels have left many Canadians financially vulnerable just when the country's economy is projected to slow, the OECD warns in a report. cbc.ca |
Canada business owners' confidence weakens Optimism among Canada's small- and medium-sized business owners fell for the fourth straight month in September punctuating the weakening faith that small businesses have in the shaky economy. cbc.ca |
When Howard Marks talks, the Street listens Since founding Oaktree Capital in L.A. in 1995, Howard Marks, 64, has built his institutional investment firm into a $76 billion powerhouse in high-yield bonds, distressed debt, and private equity. During the 2008 financial crisis he raised an unprecedented $10.9 billion fund to buy distressed assets -- a bet that has paid off richly for his investors. Admired for the folksy charm and astute commentary of his letters to investors, Marks shared his wisdom with Fortune's Mina Kimes. money.cnn.com |