Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices. 

Stocks faced a lot of instability, with traders weighing mixed economic numbers amid bets they won’t be enough to deter the Federal Reserve from reducing the pace of tightening next week as recently signalled.

The Bank of Canada said decisions about future interest-rate increases will be guided by incoming economic data, though it’s still ready to move aggressively if needed.

Canada's financial regulator is raising the amount of capital major banks need to have on hand over concerns of high household debt levels and other elevated systemic vulnerabilities.

The nation’s largest lenders wasted precious little time in passing along the higher cost of borrowing to consumers in the wake of the Bank of Canada’s half-percentage point hike yesterday.

U.S. stocks climbed after a five-day slide, with traders awaiting key inflation figures for clues on whether Federal Reserve officials will be able to notch down their aggressive tightening campaign.