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Oil Swings, Records Fall, and Bank Earnings Roll In: Markets Update — May 28, 2026

  Thursday is shaping up to be an eventful one for markets. A sharp rebound in oil prices — triggered by fresh U.S. military strikes in Iran overnight — is rattling futures this morning, even as Wall Street closed at fresh records on Wednesday. Here in Canada, the TSX pulled back sharply, weighed down by energy-sector volatility and mixed signals from the big banks. Traders are also keeping a close eye on two major U.S. data releases due today: April PCE inflation and the Q1 GDP second estimate. Canada The TSX had a rough Wednesday. The S&P/TSX Composite shed 241.82 points — roughly 0.70% — to close at 34,412.05, as energy stocks were dragged lower by falling crude prices. The loonie dipped slightly as well, with the Canadian dollar trading at 72.29 cents U.S., compared with 72.40 cents the day before. It's a big week for Canadian bank earnings, and results so far have been mixed but largely solid. Bank of Nova Scotia and BMO Financial Group both reported stronger second-quar...

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How to Eat Healthy on a Budget in 2024

 


The cost of food is expected to rise by 3.5% in 2024, according to the latest report from the Food and Agriculture Organization. This means that eating healthy can be challenging for many people who are on a tight budget. However, there are some ways to save money and still enjoy nutritious meals. Here are some tips:

- Plan your meals ahead and make a shopping list. This will help you avoid impulse buying and wasting food. You can also look for sales and discounts on items that you need.

- Buy in bulk and freeze or store the leftovers. You can save money by buying larger quantities of staples like rice, beans, pasta, oats, and frozen vegetables. You can also cook large batches of soups, stews, casseroles, and other dishes and freeze them for later use.

- Choose seasonal and local produce. Fruits and vegetables that are in season and grown locally are usually cheaper and fresher than those that are imported or out of season. You can also visit farmers' markets or join a community-supported agriculture (CSA) program to get fresh produce at a lower price.

- Grow your own food. If you have some space and time, you can grow your own herbs, salad greens, tomatoes, peppers, and other crops in pots, containers, or a small garden. This will not only save you money but also give you access to organic and pesticide-free food.

- Cook from scratch and avoid processed foods. Processed foods are often high in salt, sugar, fat, and additives, which can harm your health and increase your medical bills. Cooking from scratch allows you to control the ingredients and the portion sizes. You can also use cheaper cuts of meat, such as chicken thighs, ground beef, or pork shoulder, and make them tender and flavorful by using marinades, spices, herbs, and slow cooking methods.

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