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Stock Market Today: Wall Street Slips, Slicing Gain for Week
Wall Street is edging lower Wednesday following mixed earnings reports from big U.S. companies and another signal that inflation remains painfully hot around the world.
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Stock Market Today: Wall Street Wavers Amid Earnings Updates
Wall Street is wavering Wednesday following mixed earnings reports from big U.S. companies and another signal that inflation remains painfully hot around the world.
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Stock Market Today: Wall Street Steadies as Calm Continues
Wall Street is staying steady Wednesday following another set of mixed earnings reports from big U.S. companies.
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Stock Market Today: Wall Street Ends Flat as Calm Continues
Stocks are closing mostly flat on Wall Street Wednesday following mixed earnings reports from big U.S. companies.
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Signs housing market could be warming up this spring
The average price of a Canadian home was down 13.7 per cent compared to this time last year, but a lack of properties on the market have prices starting to creep back up.
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The Day Ahead: Fed Minutes, Inflation Data and Earnings
Cheddar News takes a peek at what to look for on The Day Ahead as the Fed's March minutes from its meeting is released while the market awaits key inflation data. Rent the Runway is also scheduled to release earnings and Warner Bros....
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Key interest rate holds at 4.5 per cent
The Bank of Canada is holding its key interest rate at 4.5 per cent as inflation slows, giving a bit of predictability to homeowners.
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What to Expect in the Market Ahead of This Week's Economic Data
Stocks closed mixed ahead of the release of more economic data. Matthew Johnson, president of Johnson Wealth & Income Management, joined Cheddar News to also weigh in on last week's jobs data and the status of the country's labor market...
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Stocks Mixed After Fed Decision, Jobs Data
Mario Veneroso, partner & wealth manager with Kingsview Asset Management, joined Cheddar News to discuss Monday's trading session following last week's Fed decision to hike rates as well as Friday's jobs data.
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Stretching Your Dollar: When to Opt for a Credit Union Vs. Bank
Kia McCallister-Young, director of America Saves, joined Cheddar News to explain key differences to consider when making a choice between a credit union and a bank. "You want to do your research and know exactly how to gain membership to...
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Poilievre says Bank of Canada interest rate hike a 'sucker punch' for Canadians
Conservative Party Leader Pierre Poilievre blames the latest increase in interest rates and the cost of living on Prime Minister Justin Trudeau 'adding more debt than all previous prime ministers combined.'
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Bank of Canada hikes interest rates again to 4.5%
The Bank of Canada is raising interest rates again, bumping it to 4.5 per cent. This marks the eighth increase in less than a year, leaving some homeowners scrambling to keep their mortgages.
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Looking at Cash-Back Reward Services As Consumers Seek Savings
Kristin Myers, editor-in-chief of The Balance, joined Cheddar News to discuss cash-back rewards services and explained some common programs as demand jumps.
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Used-Car Market Slows as Interest Rates Stay High
Lauren Fix, founder of Car Coach Reports, joined Cheddar News to discuss the used car market and when would be a good time to shop for a new car.
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Canadian economy gains 104,000 jobs in December, unemployment falls slightly
Canada's economy added 104,000 jobs in December as the unemployment rate fell slightly to 5 per cent, Statistics Canada said Friday.
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Credit Card Interest Rates Reach Record High
Interest rates for bank-issued credit cards hit a record high.
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Two-year ban on house sales to non-Canadians begins New Year's Day
A two-year, national ban on the sale of residential real estate to non-Canadians begins on New Year's Day. The ban is part of a federal government plan to tackle home affordability and housing supply.
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Halal mortgages help fill the gap for Muslim homebuyers
For some Muslims, religious beliefs that restrict paying and receiving interest mean a traditional mortgage is off the table. To fill the gap, halal mortgages are hitting the Canadian housing market that are interest-free, but not...
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Inflation rate falls slightly but food, rent costs still climbing
Canada’s inflation rate fell slightly in November to 6.8 per cent, a 0.1 per cent decrease, but the cost of food and rent are still increasing, according to new data from Statistics Canada. That’s left millions of Canadians struggling to...
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Housing Market Outlook for Next Year
David R. O'Reilly, CEO of The Howard Hughes Corporation, joined Cheddar News to preview the 2023 housing market.
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Taking a Deeper Look Into Rising Prices This Year
Cheddar News takes a deep look into rising prices across all sectors this year.
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Bank of England hikes interest rates by 0.5% to 3.5%; Gas prices jump sixfold
Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per cent.
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Average Canadian home price fell by 12% in last year
New data from the Canadian Real Estate Association shows both home sales and average prices in Canada have fallen yet again, with the average cost of buying a home dropping to $632,000. It’s a trend that’s expected to continue well into...
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'There's certainly a bit of hope,' says economist on interest rate hike
Chief economist at Scotiabank, Jean-Francois Perrault, reacts to the Bank of Canada raising its benchmark interest rate for the seventh time this year to 4.25 per cent, but signalling that rate hikes could end soon.