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Trudeau credits Poilievre for tapping into affordability concerns
Chief Political Correspondent Rosemary Barton sits down with Prime Minister Justin Trudeau for a year-end interview about pocketbook issues, how Opposition Leader Pierre Poilievre has capitalized on them and how the Liberal government is...
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Surge in Holiday Spending May Help U.S. Economy
A surge in holiday spending could help combat inflation worries.
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What to Expect During Wednesday's Federal Reserve Meeting
Experts predict the U.S. Federal Reserve will leave rates unchanged during Wednesday's meeting.
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Federal Reserve Rate Decision Coming This Afternoon
Federal Reserve Rate Decision Coming This Afternoon
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Argentina’s economic crisis: Economists predict December inflation could be higher
Argentina's government has devalued its currency, the peso, by 50-percent.
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Stocks Up As Data Shows Inflation Cooling
Stocks opened higher for the first time this week as Wall Street digested positive economic data that showed inflation was cooling.
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Grocery shoppers more cost conscious than ever
Faced with news that their grocery bill might go up another $700 next year, Canadian grocery shoppers told CBC News that they're coupon clipping, comparison shopping and trying to boost their income to cope with the eye-watering increase...
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Some foods could get cheaper in 2024, but grocery bills may still go up
Canada's Food Price Report predicts that overall food prices will go up in 2024, but some products could get cheaper as many industry challenges have eased.
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Higher prices have Canadians cutting spending but not on cosmetics, data suggests
New data suggests Canadian consumers are falling into the 'lipstick index,' spending more on cosmetics when financial times are tough. Several Canadian beauty retailers say they're stocking up on products, expecting to build on last...
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Inflation in Europe falls to 2.4%, as higher interest rates squeeze growth
Inflation for the 20 countries using the euro currency fell from an annual 2.9% in October, according to numbers released Thursday by Eurostat, the European Union's statistics agency.
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'Lipstick index' suggests tough economic times as beauty sales boom
New data suggests Canadian consumers are falling into the 'lipstick index,' spending more on cosmetics when financial times are tough. Several Canadian beauty retailers say they're stocking up on products, expecting to build on last...
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Fed's Preferred Inflation Measure Up in October
Fed's Preferred Inflation Measure Up in October
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New mortgage charter may not be enough to protect homeowners
As millions of mortgages are set to be renewed at much higher interest rates, new guidelines are meant to help protect homeowners, but some say the measures don’t go far enough.
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Christmas shoppers expected to cut back on spending
Canadians are feeling the pressure of higher prices and interest rates. Experts say consumers are looking for deals and cutting back where they can, such as on eating out and vacations.
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Despite gloomy fall economic update, Freeland has a 'glass-half-full perspective'
CBC's chief political correspondent Rosemary Barton speaks with Chrystia Freeland, Canada's deputy prime minister and minister of finance, about the new Canada Mortgage Charter and whether it will help Canadians in need.
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How Traders Are Looking at Consumer Spending, Inflation Data, Mortgage Rates
Eliott Wallenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the...
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Ottawa to commit billions toward building more housing
CBC News has learned the federal government intends to commit billions towards addressing the housing crisis during its fall economic statement Tuesday. The money will go toward loans and grants for building new housing units and changes...
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Argentina in Transition: Far Right Influence as Javier Milei Promises a Massive Shake-up
Milei was elected as Argentina's new president.
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Inflation fell in October, but life is still expensive
Canada's inflation rate fell to 3.1 per cent in October, down from 3.8 per cent in September — a good sign for the economy, but the cost of living is still too high for many Canadians.
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B.C. gig workers to make more than minimum wage under proposed law
Proposed legislation in British Columbia aims to ensure gig economy workers, including Uber and DoorDash drivers, make more than minimum wage when they are on a call.
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Argentina election: cost of living high on voters’ minds
Argentinians will vote for their next president , with inflation being a primary concern due to rising prices.
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Argentina presidential run-off: Polls indicate tight race and divided voters
Voters in Argentina are heading to the polls, in a presidential run-off between the Economy Minister Sergio Massa and outsider Javier Milei.
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Brussels cuts EU growth forecast again to just 0.6% this year
Europe's economy will grow less than originally predicted, according to the European Commission's latest forecast.