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Tough months ahead before economy improves: Bank of Canada governor
In a wide-ranging interview, Bank of Canada governor Tiff Macklem tells CBC's Peter Armstrong that Canadians should expect more interest rate hikes, and a mild recession is possible, as the central bank continues its fight against...
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Eurozone heading to a recession at the end of this year, Brussels says
High prices are here to stay, with the European Union predicting inflation will remain high throughout 2023.
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Stocks Rally, S&P Jumps as Market Digests Midterm Results
This week was a big one for stocks as the S&P posted its biggest weekly percentage gain since June. David Sekera, chief U.S. market strategist of Morningstar, joined Cheddar News to discuss how the midterms drove markets this week and...
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Eurozone heading into recession at the end of this year, Brussels says
High prices are here to stay, with the European Union predicting inflation will remain throughout 2023.
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Cadence Weapon says that going on tour ‘isn’t worth it’ anymore
The Edmonton-born, Hamilton-based rapper says that artists are risking their health and finances when they go on tour, as inflation and COVID-19 pummel musicians’ livelihoods.
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The Conservatives should apologize for "reckless" crypto advice: Freeland
Deputy Prime Minister Chrystia Freeland says advice to invest in crypto currency would have bankrupted Canadians
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Unifor president accuses Bank of Canada of 'class war'
UNIFOR national president Lana Payne says interest rate hikes won't solve inflation but they "will cause a lot of pain on workers."
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Lettuce prices skyrocket due to crop disease, supply chain issues
In parts of Canada lettuce is in short supply — and costing a lot more than usual — after drought conditions and disease affected supplies from California.
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Universal government spending may lead to higher inflation in Eurozone, Brussels warns
The European Commission has warned eurozone countries that the "significant" fiscal expansion they are adopting to fight the energy crisis may worsen inflation. It urged common-currency nations to move towards more targeted measures that...
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U.S. midterm elections pose huge risk to Joe Biden’s agenda
Joe Biden may not be on the ballot in the U.S. midterm elections, but he’s the man with the most to lose, including his agenda if the Democrats lose both the House and the Senate. Meanwhile, some fear democracy itself is at stake.
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US midterms: Inflation dominates Arizona political landscape
With just hours to go before votes are cast, polls show that the economy is a top concern for people heading to the ball
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What’s at stake for Canada in the U.S. midterm elections
Chief political correspondent Rosemary Barton breaks down how Tuesday night’s results in the U.S. midterm elections might be felt north of the border.
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The Economic State of America After Midterms
Dan Kanninen, CEO of Arc Initiatives, joined Cheddar News to breakdown the economic impact of the midterm elections as voter frustration with inflation drives them to the polls.
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Parkland Shooter Sentenced, Biden's Warning About Democracy: What You Need2Know Thursday Nov. 3
Here are your Need2Know headlines for Thursday, Nov. 3, 2022.
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Need2Know November 3, 2022
The Federal Reserve raised interest rates again, CVS and Walgreens come to an agreement on an opioid settlement, and the Parkland school shooter is sentenced. Here is everything you Need2Know for Thursday, November 3, 2022.
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Highest rise in UK interest rates since 1989 despite 'looming long recession'
UK finance minister Jeremy Hunt said Thursday's 0.75% hike by the Bank of England would be "very tough" for families with mortgages and businesses with loans.
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Annual inflation in Turkey reaches record 25-year high of 85.5%
Turkish President Recep Tayyip Erdogan believes that high-interest rates encourage inflation and lead to higher prices.
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'Economy is slowing down,' says Freeland
Finance Minister and Deputy Prime Minister Chrystia Freeland delivers her Fall Economic Statement on Thursday in the House of Commons.
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Canada’s fall economic update highlights shrinking national deficit
Finance Minister and Deputy Prime Minister Chrystia Freeland unveiled Ottawa's fall economic statement, highlighting a shrinking national deficit and a projected surplus by 2027.
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Argentinean fans desperate to fill World Cup stickers album
In stores around Argentina, children and their parents are caught up in the hunt for men's World Cup stickers.
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Canada adds 108,000 jobs in October, unemployment steady at 5.2%
Canada's economy added 108,000 jobs in October, roughly 10 times what was expected. Still, an unexpectedly hot job market isn't enough to bring down the overall cost of living.
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Kellogg Tops Earnings Estimates, Raises Sales Forecast
Kellogg's Chairman and CEO Steve Cahillane joined Cheddar News to discuss the company's latest quarterly earnings.
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Tech Layoffs Weighing on Labor Market
Andrew Challenger, senior vice president of Challenger, Gray & Christmas Inc., joined Cheddar News to discuss looming layoffs in the tech industry and what the October jobs numbers tell us about the overall state of the labor market.
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Dow Jumps After Inflation Data Hints at Slowing
Stocks closed sharply higher after a report on inflation showed easing. Chance Finucane, chief investment officer at Oxbow Advisors, joined Cheddar News to break down Thursday's trading session and what lies ahead.