Category: spending

Get Your Spending Under Control

By Janet Bodnar From Kiplinger’s Personal Finance Maybe it’s a New Year’s resolution, high inflation or some other trigger that has made you determined to get your spending under control. Whatever the motivator, here are some tips on getting on top of your spending and building a savings stash. Know your money personality. Figure out…


‘Narrowly Focused and Fiscally Responsible’: Finance Minister Freeland Outlines Priorities for 2023 Budget

Finance Minister Chrystia Freeland said the federal government plans to make “two significant and necessary investments” in the next budget, namely in health care and in building a green economy, while promising to be “narrowly focused and fiscally responsible” to fight inflation. “The truth is, we can’t fully compensate every single Canadian for all of the effects…


‘Stubborn’ Food Inflation Leaves US Shoppers With Slim Appetite for Other Goods

As American shoppers stomach soaring food prices, they are cutting back on purchases of other goods, such as toys, clothing, and housewares, in a challenging trend for retailers. Commentary this week from executives at Walmart and other retailers shows how Americans are shifting their shopping habits and hunting for bargains in the face of the…


House Lawmakers Approve Stopgap Spending Bill, Averting Government Shutdown

Congressional lawmakers voted to approve a short-term funding bill on Wednesday night that will last through Dec. 23, averting a partial government shutdown. The one-week extension resolution (pdf) passed in a 224–201 vote and will now head to the Senate to be considered. It will then be sent to President Joe Biden’s desk to be signed before midnight on Friday to…


Stopgap Spending Bill Approved by House, Heads to Senate

Congressional lawmakers voted to approve a short-term funding bill on Wednesday night that will last through Dec. 23, taking a step toward averting a partial government shutdown. The one-week extension resolution (pdf) passed in a 224–201 vote and will now head to the Senate to be considered. It will then be sent to President Joe Biden’s desk to be signed…


More Than Half of Canadians Worried About Putting Food on the Table: Poll

A new poll suggests that more than half of Canadians surveyed are worried about having enough money to put food on the table, while 86 percent of people are worried the country will face an economic recession in 2023. Food inflation is reported at higher than 10 percent, and the most recent Canada Food Price…


Germans Spending Less as Soaring Power, Food Costs Gnaw Finances

BERLIN—For 25 years, Theo Jost served the German Christmas dish of goose in his restaurant near the Black Forest. The birds were fresh, reared by farmers in northern Germany. But this year he took the dish off the menu because rising costs all along the supply chain would have doubled its price compared to last…


‘Everything is Broken’: Poilievre Addresses Cost of Living, Foreign Interference Issues in Rare Press Conference

Conservative Leader Pierre Poilievre gave a rare press conference on Nov. 9 where he discussed a range of issues, from the rising cost of living to foreign interference. “It feels like everything is broken in this country right now,” he told reporters at Parthenon Market, a Greek grocery store in Vancouver. Poilievre said rising prices are…


To Beat Inflation, Republicans Must First Beat Democrats and ‘Stop as Much of Biden Spending as We Can’: Trump Economic Adviser

Stephen Moore, former senior economic adviser to President Donald Trump, blamed soaring inflation on the Biden administration’s massive spending packages and said the only thing that will cool price pressures is a GOP win in the midterm election so they can “stop the spending.” Moore made the remarks in a recent interview with The Epoch…


Apple Analyst Raises iPhone Revenue Estimates Despite Macroeconomic Uncertainties—2 Factors at Play

Macroeconomic uncertainties have not spared the high-and-mighty in the tech sector but an analyst is confident that Apple Inc. will outperform hardware revenue expectations in the September quarter. What Happened KeyBanc Capital Markets’ “First Look Data” showed strong high-value (over $399) credit card and debit spending by U.S. consumers in September. Indexed spending rose 11…