Is Canada lagging behind in online education?

William Gibson, the American-Canadian science fiction writer who coined the term cyberspace, is well-known for having stated

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Wall Street Journal remains No. 1

NEW YORK • U.S. newspapers reported a slight increase in circulation over the past year as more readers purchased digital subscriptions, according to a media industry group. Average daily circulation in the six months that ended on March 31, rose nearly 1 percent for the 618 newspapers that participated in the Audit Bureau of Circulations […]

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St. Louis’ latest honor: best city for cheapskates

At first blush, it may not seem like an honor to be called the best city for cheapskates.
But upon further reflection, St. Louis’ clinching of the top spot in Kiplinger.com’s list of top 10 cities for cheapskates may just be something to brag about.
After all, the website came up with the list by comparing a […]

Consumer Spending Probably Paced Growth: U.S. Economy Preview - Bloomberg

The biggest gain in consumer spending in a year probably helped the U.S. economy keep expanding in the first quarter even as fuel costs climbed, economists said before a report this week.
Gross domestic product, the value of all goods and services the nation produced, rose at a 2.5 percent annual rate after advancing 3 […]

Patriot Coal to idle Kentucky mine amid demand slump

Patriot Coal Corp. annnounced today that it will idle production at its Freedom underground mine in an effort to deal with falling coal demand from utility companies.
The mine, located near Henderson, Ky., produced 1.2 million tons of thermal coal in 2011.
“Thermal coal markets remain weak as a result of the mild winter, coupled with low […]

Canadian banks the safest in the world, Moody

OTTAWA

US weekly unemployment aid applications decline

The number of people seeking U.S. unemployment benefits dropped last week, the latest evidence that the job market is strengthening.
The Labor Department says weekly unemployment benefit applications fell 5,000 to a seasonally adjusted 359,000. That’s the smallest number of applicants since April 2008. The four-week average, a less volatile measure, declined to 365,000.
The department also […]

Asia stocks mixed amid doubts about China growth

Asian stock markets were mixed Thursday, hindered by falling commodity prices and worries about the extent of China’s economic slowdown.
Benchmark oil remained below $106 per barrel while the dollar rose against the yen but slipped against the euro.
Japan’s Nikkei 225 index rose for a third straight day, basking in the ongoing retreat of the yen […]

Banks pay delinquent borrowers $35,000 to sell their homes

In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.
The deals are aimed at incentivizing homeowners who owe more on their home than it is worth and who are seriously delinquent on their payments to sell their […]

Euro ministers question deal to bail out Greece

Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Greece’s new austerity plan, which makes sharp cuts to the minimum wage and thousands of public-sector jobs, ignited fresh criticism from unions and the country’s […]