Skip to main content

Featured

5 Things to Know Today: TSX Hits a Fresh High, Gas Prices Ease, and the Fed Decision Looms

  Tuesday, July 28, 2026 — Here's what's moving markets and your wallet today, in five minutes or less. 1. The TSX just posted its best close of the year The S&P/TSX Composite closed Monday at 35,568.14, up 0.56% on the day, as a weekend pause in the US-Iran conflict sparked a relief rally across global markets. It's the third time in a week the index has flirted with record territory. The rally has been broad-based — energy names cooled off as oil retreated, while banks and industrials picked up the slack. What it means for you: If you hold Canadian equity funds in your TFSA or RRSP, this is a good week to check your statement — but resist the urge to chase the rally by moving money in reaction to a single good week. Stick to your regular contribution schedule. 2. Gas prices are finally coming down With Brent crude sliding toward the mid-$80s after the US-Iran truce held over the weekend, pump prices are easing across Ontario after weeks of increases. Regular gas in t...
Post a Comment
Read more

article

Labels

Court Agrees to Pause Collection of Trump’s Massive Civil Fraud Judgment

 



In a significant legal development, a New York appeals court has granted former President Donald Trump a temporary reprieve from the collection of his staggering civil fraud judgment. The condition? Trump must post a hefty $175 million bond within the next 10 days. If he complies, the clock on collection will stop, preventing the state from seizing his assets while he appeals.

The civil fraud case stems from allegations that Trump inflated his net worth over the years, unjustly enriching himself, his family, and his organization. The court’s ruling not only buys Trump time but also reverses certain restrictions that had barred him and his sons from corporate leadership roles.

Trump’s legal team had argued that securing an underwriter for such a colossal bond was nearly impossible. Initially proposing a $100 million bond, they faced rejection from an appellate judge. Now, with the reduced amount, Trump aims to protect his real estate empire and fend off foreclosure threats.

While the judgment still stands, the pause in collection provides Trump with a lifeline. New York Attorney General Letitia James remains steadfast, emphasizing that Trump is still accountable for his alleged fraud. As the legal battle unfolds, the eyes of the nation remain fixed on this high-stakes drama.


Labels:

Comments

Post a Comment