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Small firms fear effects of UK govt's new mini-budget
The UK package is expected to include tax cuts and billions of dollars worth of spending.
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The EU should be 'very careful' about capping gas prices, warns German minister
In an interview with Euronews, Anna Lührmann said an EU-wide price cap on gas imports could endanger the bloc's security of supply.
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Canada's inflation rate slows to 7%
As Canada's inflation rate cooled to seven per cent in August, economist Brett House said he thinks the trend will continue. Food prices, however, are still climbing.
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How are you dealing with high food prices?
On the streets of Toronto, shoppers tell CBC News about how high prices for food are taking a bite out of their family budgets.
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Ford Shares Fall on Supply Chain Woes
Ford shares fell Tuesday on their warning over the impacts of increased supply chain costs and inflation. In the announcement, the auto giant is estimating an extra $1 billion in supply chain costs. Karl Brauer, an executive analyst from...
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Inflation rate cools, but not enough to bring down grocery prices
New numbers show Canada’s inflation rate dropped again to seven per cent in August, but grocery prices are still at their highest in decades.
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US students squeezed: Rising fees and cost of living double blow
Soaring inflation and tuition fees force US college students to choose between eating, or filling their car's fuel tank
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Canadian dollar hits lowest level in 2 years
A surge in the U.S. dollar combined with other factors has pushed the Canadian dollar to its lowest level in two years. It could hurt businesses selling products made south of the border, and customers could soon feel it too.
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Dow, S&P and Nasdaq Post Worst Day Since June 2020
All three major indexes posted the worst percentage drop since June 2020. Chad Oviatt, director of investment management at Huntington National Bank, joined Cheddar News to discuss the stock market plunge on the heels of the inflation...
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Canadians turning to credit cards for financial stress relief
A report from the Equifax credit bureau shows a 6.4 per cent increase in Canadian credit card balances between the first and second quarters of this year.
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What's Next For U.S. Travel Following Labor Day Weekend
Labor Day capped off a turbulent summer travel season. The holiday weekend saw a surge in air travelers, with the TSA screening more people than on the same weekend in 2019, before the pandemic. So, what does it mean for expected travel...
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New U.K. PM sworn in as country faces economic challenges
Britain's newly elected Prime Minister Liz Truss was officially sworn in after meeting with Queen Elizabeth. She’s faced big political challenges during her first day on the job with the country in the midst of economic turmoil.
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BOC's big rate hike not the end, says economist
The Bank of Canada's 'aggressive' language along with its 75-basis-point boost in the bank rate sends the message that further interest rate hikes are ahead to bring down inflation, says Douglas Porter, chief economist for the Bank of...
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Sam’s Club Raises Annual Membership Fee
Walmart-owned Sam's Club raises annual membership fees for the first time in nine years. However, the price club's fees for its two tiers of membership are still marginally cheaper than other competitors' prices.
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Today Explained: Inflation Relief for Some Goods, Still High for Others
Signs of cooling inflation have been dominating the headlines lately, so some people believe that the days of rising prices might finally be behind us — but that isn't the full story. Cheddar News explains that while there are indicators...
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Beef Prices Falling Despite Ongoing High Inflation
Beef is seeing some of its lowest prices despite inflation issues, with some cuts seeing price drops as much as 10 percent.
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Chad: Climate change blamed for driving up food costs
Farmers in Chad say climate change is affecting their harvests, contributing to an increase in food prices.
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Inflation and your wallet: 2018 vs. 2022
Armed with a stack of receipts from 2018, we hit the streets of Toronto to see just how much more expensive life is now and break down our findings with the CBC’s Peter Armstrong.
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Combating high grocery costs due to inflation
Tamara Kuly, a mother of two in Winnipeg, talks about how her family's grocery costs have almost doubled, and how they've had to adjust their habits in order to stay on budget.
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Wingstop CEO Discusses Successful Q2, Chicken Sandwich Debut
Despite the pressures of supply chain issues and inflation that have plagued many companies over the last few months, Wingstop had a great Q2, reporting a 7.5% sales increase year over year. Wingstop CEO Michael Skipworth spoke...
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Canada’s inflation rate drops to 7.6% in July, first decrease in a year
Canada’s inflation rate is down for the first time in more than a year, dropping to 7.6 per cent in July compared to 8.1 per cent in June. Yet some Canadians say they’re feeling little relief.
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Streaming Wars: How to Find Your Budget-Friendly Streaming Service Combination
With so many streaming platform options, viewers may feel overwhelmed with how to make the best, cost-effective decision for subscriptions. Joan E. Solsman, a senior reporter at CNET, joined Opening Bell to talk through how consumers can...
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Hudson’s Bay to bring back discount retailer Zellers
A decade after closing its doors, Hudson’s Bay Company wants to revive the Zellers brand. The company says it plans to launch a new e-commerce website and sell products under the discount label in some Bay stores by early 2023.
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Why are oil and gas companies making huge profits?
The world’s biggest oil and gas companies have posted record profits in the past quarter.