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WestJet Strike Is Over — Here's What Happens to Your Bookings Now

  Published August 4, 2026 If you spent the long weekend refreshing WestJet's flight status page, you can exhale a little. Early Monday morning, WestJet and the Canadian Union of Public Employees (CUPE) Local 8125 reached a tentative agreement, ending the strike that grounded most of the airline's mainline fleet starting August 2. Both the strike notice and WestJet's lockout notice have been withdrawn. That's genuinely good news if you have an upcoming WestJet booking. But "the strike is over" doesn't mean "everything is back to normal today." Here's what actually changes for your money and your travel plans. What actually happened About 4,400 WestJet cabin crew walked off the job at 12:01 a.m. Mountain Time on August 2, after contract talks broke down over unpaid ground duties and the airline's flight-credit pay system. WestJet responded with a matching lockout notice, and between the two, the airline's normal schedule of roughly 600...
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Wall Street’s Momentum Cools After Its Latest Record-Setting Week

 

Wall Street, fresh from its recent record highs, has taken a step back as the new trading week begins. The S&P 500 dipped by 15.99 points, representing a 0.3% decline, settling at 5,218.19 in a subdued day of trading. Meanwhile, the Dow Jones Industrial Average experienced a 162.26-point drop (equivalent to 0.4%) to reach 39,313.64. The Nasdaq composite also retreated, losing 44.35 points (or 0.3%) to close at 16,384.47.

This cooling momentum comes after a remarkable run for Wall Street, which had been scaling new heights. Investors are closely monitoring the Federal Reserve for any signals regarding potential interest rate cuts. The recent surge in the U.S. dollar against the Japanese yen has also raised concerns, prompting speculation about market intervention. The dollar’s ascent to nearly 152 yen—a significant jump from slightly above 130 yen a year ago—has drawn attention. Meanwhile, the euro stands at $1.0818, up from $1.0810.

In Asia, shares exhibited mixed performance. Japan’s Nikkei 225 declined by 1.2%, reaching 40,414.12, as investors booked profits following the index’s recent record-breaking highs. Hong Kong’s Hang Seng edged up by 0.2% to 16,535.89, while China’s Shanghai Composite gained 0.3%, closing at 3,056.52. The Chinese yuan (renminbi) weakened to a four-month low of 7.2282 against the U.S. dollar. Australia’s S&P/ASX 200 bucked the trend, rising by 0.5% to 7,811.90. South Korea’s Kospi experienced a slight decline, losing 0.2% to settle at 2,743.04.

As the week unfolds, investors remain watchful for further cues from the Federal Reserve and potential market developments. Wall Street’s recent retreat serves as a reminder that even record-setting rallies can encounter moments of moderation.

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