AFP - WASHINGTON (AFP) - GMAC, the former finance arm of General Motors, needs more capital to meet buffer requirements under the "stress tests" of banking groups conducted this year, the Federal Reserve said Monday.
Reuters - NEW YORK (Reuters) - U.S. stocks fell more than 1 percent on Friday as a possible debt default by a Dubai state-owned conglomerate increased investors' uncertainty about the financial...
Reuters - NEW YORK (Reuters) - Oil prices dropped over 2 percent to nearly $76 a barrel on Friday as fears of possible defaults in Dubai convulsed financial markets and boosted safe-haven demand...
The Canadian Press - OTTAWA - Ottawa is past the halfway mark to the biggest deficit in the country's history, the Finance Department reported Friday.
Reuters - TORONTO (Reuters) - Finance Minister Jim Flaherty said on Friday he expects to see more signs of economic recovery next year and that the Dubai debt payment delays show there are still...
Baystreet.ca - Bay Street stocks bounced back on Friday and recovered some of the sharp losses seen in the previous session.
