Curated Video
US Fed holds interest rates steady, indicates hikes upcoming
Holding rates steady will allow Fed to assess information as it seeks to balance risk to economy and high inflation.
Curated Video
Argentina's economic woes: Annual inflation rate hits 114 percent
Argentina's latest statistics show how rising inflation has plunged more people into poverty.
Curated Video
Analyst Lays Out Trading Trends Amid Monetary Policy Moves, Inflation and Economic Data
Ed Siddell, CEO and chief investment officer with EGSI Financial, joined Cheddar News to discuss Thursday's positive trading session in what Siddell called "a year of momentum" as investors continue to digest a heavy amount of news that...
Curated Video
Grocery chain leaders push back at price-gouging allegations
At a committee hearing in Ottawa this week, the heads of Loblaw, Metro and Empire Foods faced tough questions from parliamentarians about why food prices continue to skyrocket. All three pushed back forcefully against allegations they...
Curated Video
The Day Ahead: Trump Expected to be Arraigned & Inflation Data Update
The Day Ahead: Trump Expect to be Arraigned & Inflation Data Update
Curated Video
Bank of Canada hikes interest rate to 22-year high
The Bank of Canadian has raised its benchmark interest rate to 4.75 per cent, the highest it's been since May 2001, making everything from mortgages to credit lines more expensive.
Curated Video
'Cancel this budget,' Poilievre tells Trudeau
‘The Conservatives are prepared to work all summer long to rewrite a budget,’ Conservative Party Leader Pierre Poilievre says after delivering a long speech in the House of Commons during debate at third reading of the budget...
Curated Video
Analyst Discusses Market's Recent Gains Ahead of Inflation Data, Fed Policy
Edward Moya, chief market strategist with Oanda, joined Cheddar News to discuss Thursday's gains as investors were surprised by a jump in weekly job claims and as Wall Street braces for key inflation data and the Fed's latest policy...
Curated Video
Tracking Consumer Spending Trends With Tanger Outlets CEO Stephen Yalof
Tracking Consumer Spending Trends With Tanger Outlets CEO Stephen Yalof
Curated Video
Next Week on the Street: Trump in Court, Fed Meeting and More Earnings
Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see...
Curated Video
Here's what to expect from the Bank of Canada
Veronica Clark with Citibank thinks the Bank of Canada should raise its lending rate on Wednesday, and even if the central bank surprises her and doesn't, she lays out the many reasons why they'll probably have to later this summer.
Curated Video
The Day Ahead: Earnings, Economic Data, World Food Safety Day
Cheddar News checks in to see what to look out for on The Day Ahead as Campbell Soup and Vera Bradley are due to report earnings while economic data, including the April trade deficit and consumer credit, are slated to be released. And...
Curated Video
Some Canadian mortgage holders anxious over another possible rate hike
With a roaring economy, rising inflation numbers and another possible interest rate increase, cash-strapped Canadian homeowners are getting worried their mortgage payments could soon be unaffordable.
Curated Video
Economist questions rate hike rationale
Armine Yalnizian, the Atkinson Fellow on the Future of Workers, says the central bank's decision to raise interest rates again won't help fix the inflation problem, and could actually make things worse.
Curated Video
Parents Could Experience Sticker Shock as Inflation Hits Summer Camps
Summer camps across the country will open this month, but parents may experience some sticker shock. With the cost of goods and services rising, so is the price of camp. Cheddar’s Ashley Mastronardi spoke to experts who shed some light...
Curated Video
Poilievre explains how he'll try to block the Liberal budget
Speaking before a meeting of the Conservative caucus, Leader of the Official Opposition Pierre Poilievre says that tonight he ‘will keep speaking and keep speaking and keep blocking this inflationary trainwreck until the prime minister...
Curated Video
Bank of Canada interest rate reaches highest level since 2001
There will be no financial relief for many overstretched Canadians as the Bank of Canada raised its benchmark interest rate again. The rate of 4.75 per cent is the highest it's been since May 2001, and it's making everything from...
Curated Video
B.C. minimum wage jumps, but not everyone is happy
British Columbia residents earning minimum wage now make $16.75 per hour, an increase of 6.9 per cent to keep up with inflation. While that’s good news for workers, some small business owners worry it will cut into their already...
Curated Video
Germany: Food bank reliance soars despite slowing inflation
Food prices are still surging in Germany despite slowing inflation, driving reliance on food banks.
Curated Video
B.C. raises its minimum wage to $16.75/hour
British Columbia residents earning minimum wage now make $16.75 per hour, an increase of 6.9 per cent to keep up with inflation. While that’s good news for workers, some small business owners worry it will cut into their already...
Curated Video
Poilievre says if demands not met, Tories will 'block the budget'
Conservative Party Leader Pierre Poilievre says his two demands are ‘a plan to balance the budget to lower interest rates and inflation, and no new carbon tax hikes.’
Curated Video
How these Canadians are dealing with the high cost of living
CBC News spoke to several people in downtown Toronto about the financial challenges they're contending with, including housing, food and child care, and what they're doing to keep expenses down.
Curated Video
Inflation adds to restaurants’ post-pandemic hangover
The triple whammy of soaring inflation, labour shortages and COVID-19 loan repayments are forcing many Canadian restaurants into bankruptcy. According to Restaurants Canada, bankruptcy filings have increased by 116 per cent since 2022.