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5 Things to Know Today: U.S. Alcohol Ban, GDP Day, 5.25% Yields (Sept 29)

  Tuesday September 29, 2026 A U.S. import ban on Canadian booze kicks in, Statistics Canada reports July GDP, and U.S. bond yields sit at levels not seen since 2007. Here are the five things that matter for your wallet today. 1 The U.S. ban on Canadian alcohol takes effect today As of 12:01 a.m. ET, the U.S. is refusing entry to many Canadian beer, wine, cider and spirits shipments, along with whey products, molasses and larger motorcycles. The measures were signed Sept. 8 and largely replace the 50% tariffs that applied to these goods. Bottles already in the U.S. can still be sold, and product shipped in bulk to be bottled south of the border appears to fall outside the ban. Canadian producers say pivoting to domestic sales won't be easy, because a patchwork of provincial rules complicates selling across borders. What it means for you: The ban hits exports, not what you pay at the store. The exposure is for people who work in or own shares of brewers, distillers and wineries, a...

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Quick Beef Pho

 

Ingredients:

  • 1 large onion, peeled and quartered
  • 4 cups low-sodium beef broth
  • 4 cups low-sodium chicken broth
  • 2 cups water
  • 2 tablespoons fish sauce
  • 1 (2-inch) piece fresh ginger, peeled and sliced into 1/4-inch rounds
  • 1 cinnamon stick
  • 1 tablespoon sugar
  • 2 star anise pods
  • 4 whole cloves
  • 8 ounces rice noodles
  • 8 ounces beef sirloin, sliced as thinly as possible
  • Bean sprouts, cilantro, lime wedges, hoisin sauce, and sriracha sauce, for serving

Instructions:

  1. Slice one of the onion quarters as thin as possible; set aside.
  2. In a large pot, combine the remaining 3 onion quarters, beef broth, chicken broth, water, fish sauce, ginger, cinnamon, sugar, star anise, and cloves.
  3. Bring to a boil, then reduce the heat to medium-low and simmer, uncovered, for 30 minutes.
  4. Meanwhile, bring a large pot of water to a boil. Off the heat, add the noodles. Let sit, stirring regularly to prevent sticking, until the noodles are soft and pliable but still not tender, 5 to 10 minutes.
  5. Drain and rinse well with cold water. Set aside.
  6. Over a large bowl, strain the broth through a fine mesh strainer. Discard the solids and pour the clear broth back into the pot. (Alternatively, you can use a fine mesh spider to fish out the solids.)
  7. Bring the broth to a boil.
  8. Add the noodles and cook until just tender, 30 seconds to 1 minute.
  9. Using tongs or a spider, lift the noodles from the pot and divide evenly into bowls.
  10. Reduce the heat to a simmer and add the sliced beef to the broth; let simmer until no longer pink, about 1 minute.
  11. Using a slotted spoon or spider, remove the beef from the broth and divide between the bowls. Ladle the hot broth over the noodles and beef.
  12. Top each bowl with the reserved thinly sliced onions, bean sprouts, and cilantro. Pass lime wedges, hoisin sauce, and sriracha sauce at the table.


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