The Bank of England battled against a panel of politicians today over its role in the alleged currency market manipulation scandal. It also revealed some rather embarrassing details over its dismissed currency chief Martin Mallett.
As the BLS is scheduled to release its big Jobs Report today at 8:30 a.m. EDT, Goldman Sachs (GS) economist expect the report will show the unemployment rate at 6.6%, down from 6.7% in February, as the U.S. economy added 200K jobs last month. The economy added 175,000 in February. [via Zero Hedge] “We forecast […]View the full post at: Goldman’s (GS) U.S. March Jobs Report Prediction
TORONTO — Former Windsor-West MPP Sandra Pupatello emerged as the front-runner in the race to replace Dalton McGuinty as Ontario premier and Liberal leader after a weekend of delegate selection votes across the province.
Pupatello, who quit politics in 2011, captured 504 committed first-ballot delegates (27.44%) to the leadership convention in Toronto Jan. 25-27, according to official results released at two a.m. Monday.
House Majority Whip Kevin McCarthy and Rep. Pete Sessions (R-Texas) will vie to replace Eric Cantor as majority leader next week. Sessions told The Washington Post's Robert Costa on Thursday he will run for majority leader and Rep. Jeb Hensarling (R-Texas) will not run.
Ontario Progressive Conservatives won’t pick a new leader until early May, but they are already getting an early sense of the shape of the race to replace Tim Hudak. There are three official candidates, and another all-but-declared, with the dynamics of the race largely centred around the legacy of Mr. Hudak, who many PCs blame for the party’s loss in June’s election.
After more than three decades together, resulting in two children, a charitable foundation and many musical collaborations, Canadian rock legend Neil Young and long-time muse, Pegi, are calling it quits, according to a published report.
Mr. Young, 68, filed a petition to dissolve the marriage in the couple’s hometown of San Mateo, Calif., on July 29, Rolling Stone reported on its website Tuesday. A hearing is scheduled for Dec. 12.
The short list of potential candidates to replace Tim Hudak as leader of the Ontario Progressive Conservative party became even shorter Thursday when Rod Phillips, the former head of the provincial lottery corporation, announced he would not seek the job.
Phillips, who currently chairs the boards of Postmedia Network, which owns the National Post, and the Greater Toronto CivicAction Alliance, had been touted as a Toronto-friendly candidate in the race.
Spencer Dale is leaving the Bank of England (BOE) after 25 years to join BP plc (ADR) (BP). Since the arrival of the new Governor Mark Carney a year ago, there have been numerous changes in the management of the central bank. Mr. Dale was Chief Economist under the previous governor’s tenure before becoming Executive Director for financial stability around two months ago, as part of some major changes brought on by the new governor.