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5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...
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Trump Hush Money Trial: Opening Statements and David Pecker’s Testimony


Opening statements began today in the historic criminal trial of former U.S. President Donald Trump. The trial centers around allegations of hush money payments made to adult film star Stormy Daniels ahead of the 2016 presidential election. Here are the key details:

The Charges

Donald Trump faces 34 felony counts related to falsifying business records to conceal a $130,000 payment to Stormy Daniels. The payment was allegedly made to keep her silent about an extramarital affair with Trump.

Opening Statements

Attorneys for both the prosecution and defense delivered their opening statements. The courtroom was filled with anticipation as the trial commenced. Trump, the presumptive 2024 Republican nominee, has consistently maintained his innocence, denying any sexual relationship with Daniels.

David Pecker’s Testimony

The prosecution called David Pecker, the former publisher of the National Enquirer, as their first witness. Pecker’s testimony was cut short due to the Passover holiday and an alternate juror’s dentist appointment. The trial adjourned for the day, but Pecker is expected to continue testifying tomorrow.

Transparency Measures

In an unprecedented move, the New York court system will release daily transcripts of the trial to the public. Chief Administrative Judge Joseph Zayas and First Deputy Chief Administrative Judge Norman St. George made this decision to ensure broad and continuous access to this high-profile case.

As the trial unfolds, the fate of the former president rests in the hands of an anonymous panel of 12 Manhattan residents. Their verdict will determine whether Trump is guilty of the charges brought by Manhattan District Attorney Alvin Bragg.

Stay tuned for further updates as the trial continues.


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