retreats

Finance Minister Jim Flaherty was forced Tuesday to step back from deficit-cutting projections in last June's budget and extend provisions to help employers retain workers as Canada's economic performance fell short of what was expected just five months ago.

HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's biggest bank said on Monday after it reported a surprise rise in first-half profit.

Traders faced bad economic news on three continents Wednesday after the Fed’s decision on Tuesday to buy government debt.

Americans' confidence in the economy eroded further in July amid worries about a job market that has proven stubbornly stagnant.

The report raised concerns about the overall economy and the back-to-school season.

U.S. shares made large gains on Monday, channeling momentum from rallies in Europe and Asia and a renewed rush for gold.

Following two solid days of gains, commodities stepped back Thursday as the US dollar showed signs of life. Gold retreated slightly from an 18-month high, silver shed several pennies, platinum dropped 0.6 percent and crude oil declined four cents.

US stocks slipped a touch as well.

Its 300 producers in New York are backed by hundreds of freelancers and programmers across the globe who churn out copy and edit photos.

Trading was little changed following the previous day’s retreats as investors awaited important U.S. consumer data later in the week.