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Overall, the Economy Holds Up, But Some Americans Are ‘Struggling’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
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The Fed Didn’t Cut Rates, But Hey, At Least They’re Not Raising Them
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
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What Are Americans Buying? National Retail Federation Has the Receipts
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
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Sportswear Brand On Is Ready for the 2024 Paris Games
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
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Three Rate Cuts Coming in 2024? Fingers Crossed
Even with inflation slightly higher than the Federal Reserve's 2% goal, still expect the central bank to cut rates three times this year, Cetera's CIO says.
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CBC Winnipeg News May 07, 2024
Your daily round-up of the news of the day each weeknight.
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CBC Sports Presents
CBC Sports recognizes the power of sport to unite a nation, which is never more evident than when Canadians are cheering for an athlete or team wearing the maple leaf. It is this shared experience that CBC Sports aims to recreate each...
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The National - May 07, 2024
Welcome to The National, the flagship nightly newscast of CBC News.
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Taylor Swift fan says Booking.com cancelled her room, relisted at higher price | Go Public
A Taylor Swift fan who had secured accommodations in Toronto for the star’s November concert tells CBC’s Go Public that Booking.com abruptly cancelled the reservations, only offering alternatives that were up to eight times more expensive.
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Kane In Your Corner: What you need to know about the use of herbal product Kratom
The American Kratom Association is lobbying for a bill it calls the Kratom Consumer Protection Act, which would require better labeling and only allow Kratom to be sold to adults.
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RCMP investigating sale of unsafe meat in Alberta
The RCMP has announced a criminal investigation in Alberta, involving meat that might be unsafe. Several halal grocery stores, a warehouse and a catering company were closed by public health and the closure orders cite the purchase and...
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U.S. announces rule aimed at expanding EV sales
The U.S. is moving forward with an ambitious plan aimed at shifting its auto industry toward making more electric vehicles — and Canadian companies could stand to benefit.
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Kane In Your Corner: Experts warn against counterfeit weight loss drugs
Injectable weight loss drugs are in demand but with prices high and supplies low, many consumers are turning to the internet for unapproved versions. The Food and Drug Administration says that's a mistake
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Apple hit with €1.8 billion EU antitrust fine over music streaming
The European Commission started investigating following a complaint by Spotify in 2019.
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Food Prices at Their Highest Level in Decades
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
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Electric vehicles are becoming easier to find in Canada, but not easier to afford
Electric vehicles are becoming easier to find at Canadian auto dealers, but they are still more expensive than most gas-powered vehicles. EV experts encourage drivers to consider fuel savings and provincial incentives as they mull over...
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Hungryroot Is Bringing Healthy Food Straight to Your Door
Off the back of their latest earnings results, Hungryroot CEO Ben McKean discusses how the company is bringing healthy food straight to customers' doors and how it's using A.I.
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Credit card surcharge law takes effect in New York
The New York State Division of Consumer Protection says the new law aims to increase transparency.
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Alberta tells B.C. wineries to stop direct sales to Albertans or be barred from stores
Alberta's liquor wholesaler has given B.C. vineyards an ultimatum: Stop shipping products directly to consumers in Alberta or it will pull those wines from store shelves.
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Following social media trends
From creators to consumers: what one Edmonton marketing instructor thinks will be trending on social media this year.
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A wine war is spilling over the Alberta and B.C. border
The province's liquor commission is trying to stop B.C. wineries from selling directly to Albertans. As Travis McEwan reports, wine producers are caught off guard by the move.
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The Key to Keeping Your Credit Card Balance Under Control
Accrue CEO and founder Michael Hershfield explains why Americans' credit card delinquencies are on the rise, advice on what can help, and the key difference between Boomers and Gen Z when it comes to money.
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CEO of FanDuel on Plans for 2024, Super Bowl Excitement, and the 'Taylor Swift Effect'
To celebrate Flutter Entertainment's debut on the NYSE, FanDuel CEO Amy Howe shares her thoughts on the company's plans for growth, the future of online sportsbetting, and Super Bowl Sunday.
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Google to Pay $700 Million in Settlement
Google has agreed to pay $700 million to settle an anti-trust settlement.