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5 Things to Know Today: Fed Decision Looms, TSX Slides, Gas Prices Climb (Sept 16)

  Wednesday, September 16, 2026 The Fed's biggest decision in years lands at 2 p.m. ET today, the TSX and loonie are both licking their wounds, and drivers are paying more at the pump despite the gas tax holiday. Here's what's moving your money this morning. 1. The Fed Decides on Rates Today — and a Hike Looks All but Certain The Federal Reserve announces its rate decision at 2 p.m. ET, with Chair Kevin Warsh's press conference to follow at 2:30 p.m. Markets have priced in over 90% odds of a 25-basis-point hike, which would lift the target range to 3.75%–4.00% from 3.50%–3.75%, where it's sat since December. It would be the first hike of this cycle, driven by inflation still running above target even as the labour market holds up. What it means for you: A Fed hike widens the gap with the Bank of Canada's 2.25% rate, which tends to pressure the loonie lower and nudge Canadian bond yields — and by extension fixed mortgage pricing — upward. Watch for the reaction ...
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McDonald’s System Outages Reported Worldwide

 


McDonald’s, the global fast-food giant, faced widespread system outages on Friday, causing disruptions at many of its outlets across the world. The technical glitches led to temporary closures of some restaurants and prompted a flurry of complaints on social media platforms.

Reports of system outages spanned multiple countries, affecting operations in Japan, Thailand, and other regions. The company attributed the disruptions to a “technology outage.”  McDonald’s assured customers that they were actively working to fix the issues.

The chain clarified that the problems were unrelated to any cybersecurity incidents. Customers faced inconvenience due to restaurant closures and service interruptions. Social media platforms buzzed with complaints from patrons who encountered difficulties during their visits.

McDonald’s expressed regret for the inconvenience caused and assured customers that they were diligently addressing the technical hiccups.  The company’s teams worldwide were collaborating to restore normal operations swiftly.

While the system outages disrupted McDonald’s usual operations, the chain remains committed to resolving the issues promptly. As they work behind the scenes to fix the technology glitches, customers can expect a smoother experience in the near future.

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