17 h. ago Here Are the Key Takeaways From the US CPI Report for November

Here are the key takeaways from the US consumer price index report for November, released Thursday:

Other

18 h. ago US consumer prices up 2.7% after government shutdown skipped October data

U.S. inflation slowed unexpectedly last month, the government said in a report that was delayed and likely distorted by the government shutdown.

Politics

19 h. ago US consumer prices slowed unexpectedly in November, but still up 2.7% from a year earlier

WASHINGTON (AP) — U.S. inflation slowed unexpectedly last month, the government said in a report that was delayed by the government shutdown. The Labor Department reported Thursday that its consumer price index was up 2.7% in November from a year earlier. The report was delayed eight days by the federal government’s 43-day shutdown, which also […]

Economics

56 h. ago How will Canada’s new grocery code of conduct impact shoppers?

Consumers will likely see little impact, or relief from high prices, when the code goes into effect Jan. 1

Other

66 h. ago Canadians are spending more money on these key grocery store items

Statistics Canada released the latest inflation numbers, giving shoppers a look at just how expensive their grocery bill could get during the holidays.The government agency revealed the November 2025 Consumer Price Index (CPI) last Friday. According to the data, inflation rose 2.2 per cent on a year-over-year basis last month, matching the increase in October.While prices for services, travel, and accommodations, and rent rose at a slower pace in November compared to October, StatsCan stated that higher prices for goods offset the slowdown.The report suggested that this was "driven by price increases for groceries as well as a smaller decline for gasoline prices."StatsCan found that food prices at grocery stores rose 4.7 per cent in November compared to the same time last year. This is a 1.3 per cent increase in inflation from October."The increase in November was the largest since December 2023 (+4.7 per cent). The main contributors to the acceleration in November 20...

Other

3 d. ago Food prices spiked in November, says StatCan in latest inflation report

Prices for consumer goods and services increased an average of 2.25 per cent in November compared to the same month in 2024, according to the latest Consumer Price Index report.

Economics

4 d. ago Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its latest inflation reading on Monday when it publishes its consumer price index for November. The annual inflation rate slowed to 2.2 per cent in October largely due to lower gasoline prices. Home sales […]

Economics

8 d. ago Italy Eyes €1.6 Billion Cut to Energy Bills by Curbing Gas Price

Italy plans an to shave around €1.6 billion ($1.9 billion) off consumers’ energy bills by curbing wholesale prices for natural gas, despite concern about the legality and effectiveness of such a measure.

Economics

9 d. ago China’s Consumer Prices Pick Up But Factory Deflation Gets Worse

China’s consumer price growth accelerated to the fastest in over a year even as deflationary pressures remained widespread in the world’s second—biggest economy.

Economics

9 d. ago China’s Consumer Prices Rebounded Without Easing Deflation Fears

China’s consumer-price growth accelerated to the fastest in over a year as food costs rose sharply higher, an improvement that’s failing to allay fears about the depth of deflation across large swathes of the economy.

Economics

1 week ago US Consumer Spending Stalled in September, Inflation in Line

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.

Economics

1 week ago Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday in a report that was delayed five weeks by the government shutdown. […]

Economics

2 w. ago Canadians could see federal income tax bracket change in 2026

Slight changes to tax brackets are proposed to keep inflation in check as consumer prices remain high

Economics

2 w. ago Keith Gerein: UCP ideological myopia costs Edmonton another safe consumption site, at the worst possible time

Following the 2021 shutdown of the site at Boyle Street Community Services, the UCP government now intends to close the facility at the Royal Alexandra Hospital before Christmas

Economics

3 w. ago High coffee prices are here to stay for U.S. consumers despite tariff cuts

The cost of Arabica coffee beans surged to a record last month

Economics

3 w. ago US Consumers Dial Back in Sign of Anxiety Heading Into Holidays

US consumers showed signs of fatigue leading up to the longest government shutdown, and their outlook has worsened ever since, sending a note of caution heading into the holiday-shopping season.

Society

3 w. ago US retail sales rose slightly in September, adding to months of big gains

WASHINGTON (AP) — Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer. Sales increased 0.2% last month from August, the Commerce Department said Tuesday, in a report delayed more than a month because of the government shutdown. Many reports on inflation, employment, spending, […]

Other

4 w. ago Labor Department won’t release full October jobs report, a casualty of the 43

WASHINGTON (AP) — The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers. Instead, it will release some of the October jobs data _ most importantly the number of jobs […]

Culture