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5 Things to Know Today — September 27, 2026

  Sunday, September 27, 2026  |  MoneySavings.ca A milestone in the Canada-US trade war hits at midnight, the Bank of Canada's rate decision is now a near-coin-flip, and Canada's economic pivot to China is showing real results. Here are the five things that matter for your wallet today. 01 OF 05 The US Alcohol Import Ban Takes Effect Tonight at Midnight At 12:01 a.m. Eastern tonight, the United States stops accepting new shipments of packaged Canadian beer, wine, cider, and spirits. The ban was signed by President Trump on September 8 under Section 338 of the Tariff Act of 1930, escalating the trade dispute beyond the 50% tariffs that took effect on August 22. Everything already on US store shelves stays there and can still be sold — the ban stops restocking, not consumption. Goods imported before tonight but not yet cleared through customs remain subject to the 50% duty rather than the ban. Bulk spirits shipped in containers over four litres are exempt; consumer-sized bo...

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Stock Market Update: S&P 500 and Nasdaq Futures Rise After CPI Surprise

 

Investors are closely monitoring the stock market today as S&P 500 and Nasdaq futures show upward momentum following a surprising inflation report. Here are the key highlights:

  1. CPI Surprise: The Consumer Price Index (CPI) for February revealed a 3.2% year-over-year increase in consumer prices, indicating elevated inflation. This data is crucial for the Federal Reserve’s upcoming interest rate decision.

  2. Boeing Issues Impact Southwest: Southwest Airlines (LUV) announced capacity cuts due to ongoing problems with Boeing’s (BA) 737 Max planes. Investors are closely watching how this development affects the airline industry.

  3. Oracle’s Strong Earnings: Tech giant Oracle (ORCL) reported better-than-expected fiscal third-quarter earnings. Additionally, Oracle teased an upcoming announcement with chipmaker NVIDIA (NVDA), driving its stock price higher.

  4. Market Expectations: The CPI release influences market expectations regarding the timing of a potential Federal Reserve interest-rate cut. The “core” CPI, which excludes food and energy prices, rose by 0.4% in February and 3.1% year-on-year, surpassing estimates.

  5. Bitcoin Continues Rally: Bitcoin (BTC-USD) reached a record high of $72,120, driven by surging inflows into crypto assets. Some predict bitcoin could reach as high as $350,000 this year.

  6. Corporate Developments: Oracle’s cloud computing progress and collaboration with NVIDIA are boosting investor confidence.


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