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PCE Sees Smallest Annual Gain Since 2021
The Federal Reserve's preferred gauge of inflation showed the pace of price increases is slowing.
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Party positions solidify as MPs return to Parliament after break
On the first day back on Parliament Hill after the holiday break, opposition leaders revealed where they think the governing Liberals are most vulnerable.
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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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Benin inflation: Public suffers from high cost of living
The high cost of local produce and transportation remain a source of worry for many in Benin.
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Proctor & Gamble Set to Hike Prices on Household Goods as Revenue and Profits Decline
Proctor & Gamble, the parent company of many of your go-to cleaning supplies like Cascade, Tide, and Swiffer, among others, is set to hike the prices on many of its goods.
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Record Number of Eggs Smuggled Over US and Mexico Border
Record Number of Eggs Smuggled Over US and Mexico Border
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Food prices soar as inflation rate drops
Food prices in Canada continue to soar, while lower gas prices contributed to a drop in the country's inflation rate in December.
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Zellers 2.0: Stores set to open inside 25 Bay locations
More than two dozen Bay locations across Canada will soon be home to Zellers stores, as the retailer has announced more details of its plan to resurrect the defunct discount brand both online and in physical stores.
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Argentine artist uses inflation-hit banknotes as a canvas
Rocketing inflation has hit the value of Argentinian banknotes hard, so this artist uses them to paint on.
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Consumer Price Index Rises 6.5 Percent Year-Over-Year
Jose Torres, senior economist at Interactive Brokers joined Cheddar News to discuss the slowing CPI increase seen in December.
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Food bank usage expected to increase 60% in 2023: report
Food bank usage is expected to see a 60 per cent increase in 2023, according to a new report from food rescue organization Second Harvest. A number of factors are driving the increased demand, including inflation and wages that aren’t...
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The Benefits of I-Bonds
Barbara A. Friedberg, CEO at Wealth Media joined Cheddar News to discuss I-bonds, which are issued by the government, and how yields are adjusted.
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Rising food prices mean less nutritious school lunch programs
School lunch programs are feeling the pinch of rising prices, with some finding it harder to afford more nutritious — and more expensive — food.
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Food bank usage expect to increase 60% in 2023: report
Food bank usage is expected to see a 60 per cent increase in 2023, according to a new report from food rescue organization Second Harvest. A number of factors are driving the increased demand, including inflation and wages that aren’t...
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Taking a Look at Walmart as One of the Stocks of the Year
Cheddar News looks back at a challenging year for big-box retail giant Walmart.
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Expect another tough economic year ahead, analysts say
The International Monetary Fund expects one-third of the world to be in a recession in 2023 as the Bank of Canada says the financial pains Canadians struggled with last year are not going away.
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Canada’s highest-paid CEOs make an average of $14.3M a year: CCPA
According to a new report released on Tuesday by the Canadian Centre for Policy Alternatives (CCPA), Canada's highest-paid CEOs now make an average of $14.3 million, which is 243 times what the typical worker earns annually.
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One-third of world economy going into recession this year: IMF
The International Monetary Fund is warning that up to one-third of the global economy is in danger of an outright recession in 2023, because the three biggest economies, the U.S., EU and China, are all slowing down simultaneously.
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Tips on Negotiating Salaries Amid Inflation
Thanh Nguyen, CEO, and co-founder of OpenComp, joined Cheddar News to discuss salary trends and how to negotiate a raise amid historically high inflation and recent data on compensation.
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Inflation, soaring prices making lives 'difficult' for Filipinos
The Philippines is battling record inflation.
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Lebanon inflation soars as economy hit by war in Ukraine
Lebanon ranks second in a World Bank assessment of countries hardest hit by global food price inflation.
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UK nurses stage second strike for inflation-busting pay
Up to 100,000 members of the Royal College of Nursing demand better pay to make up for years of real-terms salary cuts.
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Christmas food shopping impacted as inflation hits Belgian shoppers
According to surveys made by some of the larger supermarket chains, 75% of Belgians say they will celebrate a “more frugal” Christmas this year.