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US Dollar, Markets Pay Heavy Price Of Trump Tariffs, Fight With Fed Reserve Chair | 'Major Loser'
The U.S. dollar and markets tumbled as Donald Trump escalated his fight with Federal Reserve chair Jerome Powell. In a post on Truth Social, Trump called Powell a major loser for not lowering interest rates. Following his comments Dollar...
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Trump accuses Federal Reserve chair of ‘playing politics’
Donald Trump said he is “not happy” with US Federal Reserve Chairman Jerome Powell, accusing him of “playing politics.”
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‘Priced out’ of downtown: Why housing is a top issue for this Toronto-area voter
Jacob Roslyn, 28, says housing is an issue he’s keeping a close eye on this election after he and his partner were priced out of downtown Toronto’s rental market.
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Inside the CRE Market: Peachtree Group CEO Breaks Down Industry Trends
Peachtree CEO Greg Friedman on the hospitality business, commercial real estate and what the numbers are telling you. Watch!
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Debt, Data, and Danger Signs: The State of the U.S. Consumer
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
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What B.C.'s downgraded credit rating means for you
Two global ratings agencies downgraded B.C.'s credit rating on Wednesday, citing the fiscal deficit and financial outlook for the province. Bryan Yu, chief economist at Central 1 Credit Union, said this means the B.C. government may have...
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Trump's end goal with tariff war — and what it means for your investments
Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, said U.S. President Donald Trump may be trying to aggressively lower interest rates with a global trade war initiated by tariffs. Ting said...
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Will High Rates and Prices Keep People Renting Over Buying?
RedFin's Chen Zhao joins Cheddar to breakdown the current state of the housing market in the United States and what prospective homebuyers need to know. Watch!
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Gold nears record as central banks, ETFs drive demand
Gold continues its upward climb, fuelled by Trump’s new auto tariffs and Goldman Sachs raising its gold price forecast. Investors fear that Trump’s reciprocal tariffs, expected by April 2, could fuel inflation, slow economic growth, and...
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What to expect from Fed's rate policy this week
The upcoming week is a major one for global markets-- will the Federal Reserve hold steady or make a move on interest rates?
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Bank of Canada cuts interest rate in face of economic ‘uncertainty’
The Bank of Canada lowered its key lending rate to 2.75 per cent Wednesday but warns Canada is entering a period of economic uncertainty due to a trade war with the U.S.
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Japan unions demand biggest pay hike since 1993
Japan faces a deep economic dilemma. While its workforce is shrinking, those who remain are demanding the highest pay raise since 1993. This puts Japan in a tricky position—caught between a cost crunch and a worker crunch.
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Edmonton mortgage rates in uncertain times
Interest rates, tariffs — there's a lot of economic uncertainty in the air. And even though Edmonton is one of the most affordable cities in Canada to live in, how will the uncertainty impact your mortgage? CBC's Nancy Carlson finds out...
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How Ontario’s major parties plan to jumpstart housing construction
Housing affordability is front of mind for many Ontarians heading into the Feb. 27 provincial elections. But as CBC’s Shawn Jeffords reports, some voters and experts worry housing has taken a back seat in the campaign because of the U.S....
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Why This Wealth Management CEO Says His Clients Are Thrilled With Trump Back in The White House
Ty Young, CEO of Ty J. Young Wealth Management, joins Cheddar to discuss Trump's moves as he returns to Washington D.C. and how it may affect the U.S. economy.
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Trump's Rare Ultimatum To Arab & Islamic Nations Over Putin's Ukraine War; 'Lower Prices For...'
US President Donald Trump urged Saudi Arabia and OPEC to lower oil prices at the World Economic Forum. He expressed surprise that they didn't act before the election, interpreting it as a lack of support. Trump believes that reducing oil...
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Why is rent falling in Canada’s most expensive cities? | About That
The cost of rent in major Canadian cities is decreasing. Andrew Chang explains changes in the market driving the downward trend and why fewer people are renting right now.
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Ottawa-Gatineau housing market enters 2025 with a steady pace
Real estate agents and experts in the National Capital Region say 2024 ended on a positive note for the local housing market, which is showing signs of consumer confidence and stability after a slowdown last year.
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A London real estate outlook for 2025
Will it be a buyers or sellers market this year? London Morning was joined by Dale Marsh, the chair of the London and St. Thomas Association of Realtors for a check on the market and a look ahead.
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Here’s what Toronto buyers and renters should expect in 2025
Interest rate cuts and changes to mortgage rules could mean a shift for Toronto's real estate market this year. CBC's Talia Ricci spoke to experts to find out what buyers and renters should expect.
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Donald Trump's Efficiency Co-Chief Elon Musk Calls Fed 'Overstaffed'
Billionaire Elon Musk has focused on the Federal Reserve as President-elect Donald Trump prepares to take over the US government in January. Musk, tasked with making the US government more efficient, called the US Federal Reserve...
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Elon Musk Sets Target On The US Federal Reserve, Calls It 'Overstaffed'
Elon Musk has targeted the US Federal Reserve, calling it "overstaffed" in a recent statement. The tech mogul’s remarks highlight growing concerns over the central bank's role in economic policy, particularly as inflation and interest...
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Positive outlook for Alberta's economy heading into 2025
ATB Financial chief economist Mark Parsons met with Mark Connolly on Edmonton AM to discuss Alberta's economy heading into the new year. While praising the progress and growth made in 2024, he warns that the risks are still high due to...
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Japan Faces Debt Crisis As Borrowing Hits Record Highs
Japan is facing a growing personal debt crisis as borrowing accelerates amid rising interest rates and the increasing cost of living. Consumer loans in the country are growing at the highest rate in 16 years, with household borrowing...