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US Fed delivers big rate hikes, signals next one could be smaller

9th - Higher Ed
It took note of the still-evolving impact that its rapid pace of rate hikes has set in motion
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How will this rate hike affect you?

9th - Higher Ed
On the streets of Toronto, Canadians told CBC News how the Bank of Canada's decision to raise interest rates will impact their finances.
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Interest rate hike less than expected but still 'significant,' says economist

9th - Higher Ed
Derek Burleton, chief economist for TD Bank, reacts to the Bank of Canada's 50-basis-point interest rate increase and how high he anticipates it may go.
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Bank of Canada hikes rate again to 3.75%

9th - Higher Ed
Governor Tiff Macklem said Wednesday that it's the sixth time this year the Bank of Canada has raised its benchmark interest rate to curb decades-high inflation.
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Bank of Canada raises interest rate again as recession fears grow

9th - Higher Ed
The Bank of Canada's benchmark interest rate increase of 50 basis points to 3.75 per cent was less than the 75 points that economists and investors were anticipating.
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'Yes we've got more to come. How much? We'll see': David Dodge

9th - Higher Ed
Former Bank of Canada governor David Dodge on interest rate hikes: "At the moment the risk of not doing enough is greater than the risk of doing too much."
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How Canada’s interest rate hikes could impact your budget

9th - Higher Ed
Economist Armine Yalnizyan breaks down how the Bank of Canada’s interest rate hikes could impact the economy, and what it all means for your wallet.
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Bank of Canada hikes interest rate to 3.75 per cent

9th - Higher Ed
Canada’s central bank raised its benchmark interest rate to 3.75 per cent as part of its ongoing effort to bring down inflation. Bank of Canada governor Tiff Macklem pointed to signs of an economic slowdown that may tame inflation, but...
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European Central Bank announces new super hike of interest rates to tame inflation

9th - Higher Ed
The eurozone's central bank intends to make spending more expensive in order to bring down prices.
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'This is the toughest time in our history': Food Banks Canada CEO

9th - Higher Ed
Food Banks Canada CEO Kirstin Beardsley says agencies across the country are seeing more people 'who never thought they would be' seeking food assistance.
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Today Explained: IRS Announces Tax Bracket Changes

9th - Higher Ed
The IRS has announced changes in income tax brackets due to inflation.
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Canadians expected to pay more to heat homes this winter

9th - Higher Ed
Keeping warm at home could be a bigger part of Canadians’ budget this winter as natural gas prices begin to climb. Experts say Canada is selling its natural gas abroad due to worldwide demand, which is putting pressure on domestic supply.
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IRS Raising Limits on 401k Contributions

9th - Higher Ed
The IRS has announced that it will raise limits on 401k contributions amid the persistently high inflation
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Canada faces economic trouble in months ahead: International Monetary Fund

9th - Higher Ed
The chief economist of the International Monetary Fund is warning that Canada faces economic challenges in the months ahead as concerns loom about a potential recession.
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Bank of Canada expected to raise interest rate this week

9th - Higher Ed
The Bank of Canada is expected to raise its trend-setting interest rate on Wednesday, the sixth increase this year. The bank's key interest rate has increased from 0.25 per cent to 3.25 per cent since March.
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Apple Hikes Prices for TV and Music Streaming Services

9th - Higher Ed
Apple is raising prices on TV and music streaming services. The tech giant blames the increase on higher licensing fees and general inflation.
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IRS Raises Retirement Contribution Limits

9th - Higher Ed
Greg McBride, chief financial analyst at BankRate, joined Cheddar News to discuss the IRS announcement that it would increase 401(k) and IRA contribution limits next year.
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Amid high food prices, questions arise about grocery chains’ profits

9th - Higher Ed
Loblaw says it’s freezing prices on its No Name products until 2023 to help Canadians struggling with inflation. But with major grocery chains seeing their profits increase, some are questioning whether they should be the target of...
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Loblaw facing criticism after announcing No Name price freeze

9th - Higher Ed
Some critics have labelled Loblaw's announcement that it is freezing prices on its No Name brand until January a PR stunt. Its competitor Metro says such a freeze is 'an industry practice.'
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Get a Christmas spending plan now, says personal finance expert

9th - Higher Ed
Pot luck dinners, consignment store goods and new, cheaper traditions can help you cope with high inflation this Christmas. But you need a spending plan so you don't wind up in debt, says personal finance expert Barry Choi.
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Shoppers react to sky-high food prices

9th - Higher Ed
Increases in the price of food are out of control, and on the streets of Toronto on Tuesday, Canadians told CBC News about what they are doing to deal with them.
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Is high inflation getting entrenched?

9th - Higher Ed
Kevin Page, head of the Ottawa-based Institute of Fiscal Studies and Democracy, discusses Canada's latest inflation data, and what it means for Canadians.
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Freeland issues warning as rising interest rates cool economy

9th - Higher Ed
Finance Minister and Deputy Prime Minister Chrystia Freeland used a speech in Windsor, Ont., to issue an economic warning that 'difficult days' remain ahead for Canadian consumers as rising interest rates slow a once red-hot economy.
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Halloween Candy Prices Up 13% This Year

9th - Higher Ed
Candy has been hit by a 13% price hike this Halloween. Experts suggest buying in bulk to maximize savings.