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Congressman Reed: Raising Interest Rates Could Have 'Devastating Consequences'

9th - Higher Ed
After President Trump spoke out about the Fed on Wednesday, Rep. Tom Reed (R-NY) told Cheddar that he believes the U.S. is headed towards a debt crisis, if spending isn't brought under control soon.
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Dow Down Over 1,000 Points Over Two-Day Span

9th - Higher Ed
Stocks continued their slide in volatile trading Thursday. Some tech stocks rebounded, albeit slightly, while President Trump continued his attacks on the Fed.
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Nasdaq Enters Correction Territory as Stocks Extend Losses

9th - Higher Ed
Stocks broke through on the downside in the final hours of trading Thursday, with the Dow sinking as much as 700 points, and the Nasdaq falling into correction territory, down 10 percent from its all-time highs hit in August.
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Nasdaq Briefly Enters Correction as U.S. Stocks Tumble Again

9th - Higher Ed
On Thursday the Dow closed down more than 500 points, just one day after a 800 point drop. The tech-heavy Nasdaq briefly fell more than 10 percent from its all-time highs, as the market's "fear index" hit its highest level since...
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Businesses prepare for legal pot | Business Panel

9th - Higher Ed
Businesses across the country have been reviewing how their workplace will be impacted once recreational marijuana becomes legal in Canada on Oct. 17.
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US Federal Reserve hikes interest rate

9th - Higher Ed
The US Federal Reserve has raised interest rates and forecast three more years of economic growth. America's central bank sees the economy growing at a faster than expected 3.1 percent this year amid high employment rates and stable...
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Canadians' indebtedness a concern amid rising interest rates | Debt Nation

9th - Higher Ed
Our weekend business panel discusses the Bank of Canada's interest rate hike and what it means for Canadians' debt levels.
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Fed Raises Interest Rates, Signals Two More Hikes This Year

9th - Higher Ed
The Federal Reserve raised interest rates by 0.25 percent and hinted at an accelerated timeline for rate hikes this year, given that U.S. economic activity "has been rising at a solid rate." Cheddar's Hope King and Tim Stenovec break...
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Fed Signals Two More Rate Hikes This Year

9th - Higher Ed
The Federal Reserve raised interest rates for the second time in 2018 and hinted at an accelerated timeline for further increases, because U.S. economic activity "has been rising at a solid rate." Cheddar's Hope King and Tim Stenovec...
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ECB to end stimulus programme later this year

9th - Higher Ed
The European Central Bank kept interest rates unchanged at on Thursday. But ECB president Mario Draghi also confirmed that later this year it will end its massive-scale programme to stimulate the eurozone economy. Since 2015 over two...
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Previewing the Federal Reserve's Meeting

9th - Higher Ed
As the central bank heads into its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full employment but wages are stagnant, and a new government spending plan that could increase the national...
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The Federal Reserve's Got a Tough Job

9th - Higher Ed
As the central bank kicks off its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full-employment but with stagnant wages, and a new government spending plan that could increase the national...
News Clip2:22
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Federal Reserve Considers Acting Now, or Later

9th - Higher Ed
As the central bank kicks off its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full-employment but with stagnant wages, and a new government spending plan that could increase the national...
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Interest rate lookahead

9th - Higher Ed
CIBC economist Royce Mendes on what we could see from the Bank of Canada in Wednesday's interest rate decision
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Rate decision

9th - Higher Ed
Frances Donald of Manulife Asset Management offers her insight on the latest Bank of Canada decision on interest rates
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Will UK interest rates rise as inflation outstrips wage growth?

9th - Higher Ed
Consumer price inflation in Britain is now three percent which is close to its highest level for six years. After Britons voted to leave the EU in 2016 the pound tanked and inflation rose as the cost of imports went up. The last interest...
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Bank of Canada raises interest rate

9th - Higher Ed
Jacqueline Hansen reports on the latest move by the Bank of Canada to boost borrowing costs
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Bank of Canada raises rate — what does it mean for you?

9th - Higher Ed
The Bank of Canada has raised its benchmark rate a quarter of a per cent to 1.25 per cent — but what does that mean for Canadians? Whether it’s an increase to your mortgage or personal loans or earning more from savings accounts, the...
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Go forth and prosper - renewed optimism surrounds 2018 financial forecast

9th - Higher Ed
The weather in Davos is finally improving at Davos and this adds even more optimism to the already very good mood among delegates, writes Sasha Vakulina. Chief executives are more optimistic about the economic outlook than they have been...
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Canada's debt addiction

9th - Higher Ed
Frances Donald, senior economist with Manulife Asset Management, on rising mortgage figures
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U.S. bonds

9th - Higher Ed
Kara Lilly, investment strategist at Mawer Investment Management, on China's holdings of U.S. debt
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Rate hike impact

9th - Higher Ed
Keith Emery, operations director at Credit Canada Debt Solutions, on what a Bank of Canada rate hike means for you and how to cope with it
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Brexit weighs on UK economy

9th - Higher Ed
Interest rates in the UK have again been kept at their record low level of 0.25 percent. The Bank of England also cut its forecast for growth and wages, saying the impact of Brexit has dampened household spending power. Mark Carney, the...
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ECB leaves refinancing rate unchanged

9th - Higher Ed
As expected, the European Central Bank has left its benchmark refinancing rate unchanged at 0 percent. ECB President Mario Draghi said the next stage in its Quantitative Easing programme will be discussed in the autumn. He insisted that...