Toyota Profit Forecast Hit by U.S., China Headwinds
May 8 (Bloomberg) -- Bloomberg's Jonathan Ferro reports that Toyota Motor Corp. forecast a smaller annual profit than estimated as the carmaker battles fiercer U.S. competition and falling demand in China. He speaks on Bloomberg Television's "On The Move."
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How Much Gold Would Buy You a Home in Toronto?
56:50 - Douglas Porter, chief economist at the Bank of Montreal, mined data showing that when expressed in terms of gold, house prices in Canada’s red-hot real estate market are far from record highs. An average home in Toronto today costs just over 540 ounces of gold, well below the record 655 ounces in 2005, Porter found. Bloomberg's Jeanette Rodrigues reports. (Source: Bloomberg)