The head of the European Central Bank said Tuesday that it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to "stamp out" inflation if it surges faster than expected.
Economy class passengers are going to have the option of stretching out for some sleep on actual beds during their flight on an Air New Zealand flight, launching in 2024.
Waning consumer confidence and Fed warnings about interest rate hikes pushed North American stock markets lower ahead of data Wednesday that could confirm the U.S. is in a technical recession.
Nike Inc forecast first-quarter revenue below estimates as it expects to discount more and wrestles with pandemic-related disruptions in China, its most profitable market.
Nova Scotia's Progressive Conservative government says it will gather information from shoppers this summer as it tries to make good on an election promise to increase demand for local products.
Russia appears to have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, and the U.S. and its allies are taking aim at the former Soviet Union's second largest export industry after energy -- gold.
The U.S. Supreme Court on Monday rejected another Bayer bid to dismiss litigation alleging that its Roundup weedkiller causes cancer as the German pharmaceutical and chemical giant tries to avoid potentially billions of dollars in damages.
The federal border agency is not moving fast enough to fill staff shortages that have bogged down airport traffic and revved-up passenger frustration, the union representing customs officers says.
Russia is poised to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system following sanctions imposed over its war in Ukraine.
European Union countries agreed Monday that all natural gas storage in the 27-nation bloc should be topped up to at least 80 per cent capacity for next winter as they prepare for the possibility of Russia further reducing deliveries.
With inflation reaching a 40-year high, many Canadians have been left in a state of worry. Not only about the rising prices of consumer goods, but whether or not they should continue to save money. It’s not such a simple question, and it depends greatly on your circumstances, contributor Christopher Liew explains in an exclusive column for CTVNews.ca.
As inflation rates soar to the highest they've been in Canada in nearly forty years, nearly half of Canadians say that right now, they're doing worse financially than they were at this time last year.
With Statistics Canada reporting a 9.7 per cent increase in food costs over the last year, Canadians are being pushed to find ways to pinch pennies at the grocery stores. Here are some ways to save.
As fuel prices reach record highs and drive inflation, there have been growing calls for governments to temporarily suspend or reduce gas taxes. CTVNews.ca spoke with experts on whether a gas tax holiday makes sense in Canada.
Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt for a supersized interest rate hike next month.
An Ontario student is warning people of the risk that comes with failing to report a lost debit card after $14,000 in fraudulent deposits landed in her RBC account.
Almost half of Canadians who rent say they will continue to do so indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.
A new report outlines the most expensive places in Canada to rent in June, including cities like Toronto and Vancouver averaging over $1,800 a month for a one-bedroom apartment.
TransLink is turning to real estate development as a way to bring in the money it needs for expansion plans, as it deals with the impact of years of decreased ridership.
New research shows house prices in Canada's suburbs grew faster than in downtown areas during the pandemic as remote work spurred a preference for bigger homes.
With interest rates on the rise, entering the housing market for the first time can be a daunting process. If you're looking to purchase your first home, CTVNews.ca wants to hear from you.
FILE - This Sept. 11, 2018, file photo, shows a marijuana plant at in the coastal mountain range of San Luis Obispo, Calif. New York Gov. Andrew Cuomo signed a bill Monday, July 29, 2019 that softens penalties for possessing small amounts of marijuana and allows for the expungement of some past convictions. (AP Photo/Richard Vogel, File)
As NATO prepares to embark on the greatest overhaul of the alliance’s deterrence capabilities since the Cold War at a leaders’ summit in Spain, Canada’s role in the new defence strategy remains uncertain.
A Nexus card is supposed to help put low-risk Canadians on the fast track when crossing the U.S. border, but at least 330,000 Canadians aren’t sure when their applications will be processed.
Canada Day celebrations are making a return after two years of scaled-down festivities because of the COVID-19 pandemic, but some Canadians hoping to catch a traditional parade may be out of luck.
Film and TV actress Sandra Oh and track champion Donovan Bailey are among dozens of performers, athletes, advocates and experts newly named to Canada's highest civilian honour.
Ontario's new natural resources minister, former Bracebridge mayor Graydon Smith, is facing a hearing to determine whether he harmed a threatened turtle species when he was the mayor of the small town.
The mastermind of an elaborate Ponzi scheme that cheated hundreds of people of tens of millions of dollars was sentenced Tuesday in a Barrie, Ont., courtroom. Charles Debono has been behind bars since his arrest in 2020 for his role in one of the largest Ponzi schemes in Canadian history.
U.S. President Joe Biden said Wednesday that the U.S. will significantly increase its military presence in Europe for the long haul, including by establishing its first permanent presence in Poland, to bolster regional security after Russia's invasion of Ukraine.
Ukraine's President Volodymyr Zelenskyy accused Russia on Tuesday of becoming 'a terrorist' state carrying out 'daily terrorist acts' and urged Russia's expulsion from the United Nations.
The House Jan. 6 committee held a surprise hearing Tuesday delivering alarming new testimony about Donald Trump's angry, defiant and vulgar actions as he ignored repeated warnings against summoning the mob to the Capitol and then refused to intervene to stop the deadly violence as rioters laid siege.
A few years ago Sri Lanka’s economy was growing strongly enough to provide jobs and financial security for most. It’s now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund.
R&B star R. Kelly faces the possibility of a quarter century or more in prison when he is sentenced Wednesday in a federal sex trafficking case in New York.
A jury at a coroner's inquest into the deaths of three women murdered by their former partner is recommending that Ontario formally declare intimate partner violence an epidemic and establish an independent commission dedicated to eradicating it.
With the overturning of Roe v. Wade opening the door to abortion bans in the U.S., Canadian Tiktokers are welcoming Americans who are considering travelling north of the border to get an abortion.
Health officials in South Korea on Wednesday approved the country's first domestically developed COVID-19 vaccine for people 18 years or older, adding another public health tool in the fight against a prolonged pandemic.
A scathing letter from an RCMP communications manager released Tuesday says RCMP Commissioner Brenda Lucki referred to direct pressure from the federal public safety minister to release firearm details in the days after the Nova Scotia mass shooting.
At a time of enhanced global uncertainty and growing Chinese influence, the Canadian government faces mounting pressure to appoint a diplomatic representative in Beijing after the post has sat vacant for six months.
The federal Liberal government has agreed to provide sensitive cabinet documents to the inquiry examining its use of the Emergencies Act during the "Freedom Convoy" protest.
Instagram is blocking posts that mention abortion from public view, in some cases requiring its users to confirm their age before letting them view posts that offer up information about the procedure.
Fossils of early human ancestors from a South African cave are 3.4 million to 3.6 million years old -- making them a million years older than previously suspected and shaking up the way researchers understand human origins and evolution.
