Skip to main content

Featured

Oil Prices Spike to a 4-Year High — What It Means for Canadian Households

Rising crude prices are pushing fuel costs to levels not seen in years — with ripple effects across the Canadian economy. Replace with your featured image before publishing. From the pump to the grocery aisle, rising crude prices are reshaping household budgets across the country. Here's what's happening, why it matters, and how to protect your wallet. MoneySavings.ca Editorial · May 9, 2026 · 7 min read · 🇨🇦 Canadian Edition R E G U L A R $2.19 PER LITRE +50% 🍁 CANADIAN ENERGY PRICE IMPACT · MAY 2026 Rising crude prices are pushing fuel costs to levels not seen in years — with ripple effects across the Canadian economy. Replace with your featured image before publishing. +50% Oil Price Rise Since Conflict Began +35¢ Average Gas Price Jump Per Litre ~$500 Estimated Extra Annual Cost Per Household If you've pulled into a gas station lately and felt the urge to do a double-take at the price board, you're not alone. Oil prices have surged to their highest levels in fou...
Post a Comment
Read more

article

Labels

Wall Street gains as Treasury market stabilizes, US government averts shutdown

 

On Friday, Wall Street saw gains as the Treasury market stabilized and the US government averted a shutdown. The S&P 500 index rose by 0.88% to 4,780.94 points, while the Dow Jones Industrial Average gained 0.54% to 37,468.61 points. The Nasdaq 100 index also rose by 1.47% to 16,982.29 points.

The US government avoided a partial shutdown, which helped stabilize the Treasury market. The yield on the 10-year Treasury steadied at 4.14%.

This is good news for investors, as the stock market continues to recoup the week’s earlier losses. The gains are expected to continue as companies continue to turn in better profits for the summer than expected.


Labels:

Comments

Post a Comment