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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...

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Delta Airlines Increases Checked-Baggage Fees by 17%


              

In a move that may prompt travelers to reconsider their packing strategies, Delta Airlines has just raised the cost of checking your first bag by 17%. The previous fee of $30 for domestic flights now increases by $5, bringing it to $35. Additionally, the charge for a second checked bag has risen from $40 to $45.

Delta’s decision follows similar fee hikes by other major U.S. carriers. Both American Airlines and United Airlines announced their own increases in February, and smaller carriers like Alaska Airlines and JetBlue Airways have also adjusted their fees recently. This trend of carriers adjusting their pricing in response to one another is often referred to as “herd instinct” by behavior analysts.

While passengers with status perks can still check their first bag for free, and those with first-class tickets can check two bags without charge, the majority of travelers will feel the impact of these fee adjustments. Baggage fees have become a reliable source of revenue for airlines, especially since their introduction in 2008 when jet fuel prices were soaring. In 2022, U.S. airlines collectively earned $6.8 billion from checked-bag fees, with American and United leading the way at $1.4 billion and $1.1 billion, respectively. Delta followed closely in third place with $979.4 million.

As travelers prepare for their next flights, it’s essential to stay informed about these changes and consider how they might affect travel budgets. Whether you’re a seasoned flyer or a first-time traveler, keep an eye on those baggage fees—they’re more significant than ever.


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