Veselin Georgiev Rangelov

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Baby boomers are what's wrong with America's economy

One moment in the third Republican presidential debate encapsulates everything terrible about baby boomers and the way they’ve pillaged the U.S. economy. It came from Sen. Marco Rubio of Florida, a Generation Xer, who offered the standard line — you can hear it from the mouth of almost any American …

Demographics

Australia's RBA sees better economic conditions, cuts inflation forecast

Australia's central bank has become more confident about the outlook for economic growth, while a surprisingly subdued pace of inflation offered room …

Economy

Investment flooding out of Canada at fastest pace in developed world

Money is flooding out of Canada at the fastest pace in the developed world as the nation’s decade-long oil boom comes to an end and little else looks …

Business (Canada)

Where is Canada’s economy headed? Notes for the new finance minister

Canada's new finance minister Bill Morneau is stepping into the role amid great uncertainty for the nation's economic prospects. The economy has perked up in recent months, but languished in a brief technical recession to start the year. Still, the global outlook is shaky, and with abundant supply …

Canada

AB InBev, SABMiller delay mega merger to keep talking

LONDON (AP) — Budweiser maker Anheuser-Busch InBev's $106 billion bid for SABMiller has been delayed again as the world's two biggest brewers work out details of a complex transaction with global implications.<p>Britain's takeover panel agreed to extend the deadline until Nov. 11 to give the beer …

Stella Artois

Cheap oil no deterrent to Shell-BG deal

Paying a premium<p>Cheap oil is no barrier to Shell’s takeover of smaller rival BG Group. The Anglo-Dutch major has boosted its synergy estimates for …

Oil

Euro falls to 3-month low after comments from Fed’s Janet Yellen

The euro fell to its lowest level relative to the dollar in three months Wednesday after Federal Reserve Chairwoman Janet Yellen told lawmakers that …