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A typical Toronto household will see its electricity bill drop by 91 cents a month under new rates approved for Toronto Hydro.
The new rates, set by the Ontario Energy Board, are effective May 1, 2011, so bills will be slightly adjusted to make up for the past three months.
The energy board says a typical household […]
Filed under: finance, homeowners by Finance Boss
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World markets managed modest gains Thursday, shrugging off a weak U.S. growth report and an interest rate hike in China.
Oil prices rose above $97 a barrel as a report showed U.S. crude supply fell more than expected last week, suggesting demand is improving. The dollar slipped against the euro and the yen.
In early European trading, […]
Failure, sometimes, is a good thing.
The motto of learning from our mistakes makes sense, yet too often we don
Filed under: Uncategorized, finance by Finance Boss
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On a windy, chilly day near the top of a volcano known as “little Mount Fuji,” the Ryan family of Florida described the fuss back home before they left.
“People thought we were crazy,” said Kerry Ryan, 52, of Cape Coral, Fla.
“They said we’d come back glowing,” 10-year-old granddaughter Isabelle Ryan added.
But the Ryans, who had […]
Filed under: finance, homeowners by Finance Boss
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Australia’s economy needs to introduce a price on carbon to protect its prosperity, Treasurer Wayne Swan said as labor unions threatened to oppose the government’s plan over concerns it will cost jobs.
“These big reforms are always hard fought, they’re always difficult and they’re always contested,” Swan said in an interview with Sky Television yesterday. […]
A spike in the cost of gasoline pushed wholesale prices higher in March, a trend that could limit consumer spending in the coming months.
Still, most economists don’t expect that will lead to widespread inflation because businesses are wary of raising prices when most people aren’t getting pay increases.
Gasoline at the wholesale level jumped 5.7 percent […]
European Central Bank President Jean-Claude Trichet indicated the bank still plans to raise interest rates next month, saying he doesn’t want to change his message on the need to contain inflation.
“I have nothing to add, nothing to withdraw,” Trichet told reporters today in Frankfurt when asked if policy makers are still in a posture […]
Filed under: economics, finance by Finance Boss
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There may have been a fundamental safety design problem with the pods that controlled the massive device that failed to stop the Gulf oil spill, federal investigators said Friday as they asked that more testing be done to confirm that.
The U.S. Chemical Safety Board has objected to the government’s decision to halt testing of the […]
Ian Read, the new chief executive of Inc., plans to lower costs by closing labs and reducing research spending by as much as $3 billion as the company faces declining sales of its best-selling drug no checking account payday advance.
Filed under: Small Business, finance by Finance Boss
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President Barack Obama nominated Nobel Prize-winning economist Peter Diamond to the Federal Reserve Board, marking a third try to win Senate approval for the Massachusetts Institute of Technology professor.
The White House announced the renomination to the Fed’s Board of Governors in an e-mailed statement today. The Senate adjourned last month without approving Diamond, 70, […]