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Oil's Biggest Jump Since 2020 Drags TSX and Wall Street Lower — Markets Update

  Oil's Biggest Jump Since 2020 Drags TSX and Wall Street Lower as Hormuz Tensions Flare — Tuesday, July 14, 2026 All figures below reflect confirmed closing prices from Monday, July 13, 2026. Markets are open today, Tuesday, July 14. The bottom line: Oil prices posted their biggest one-day jump since 2020 after President Trump said the U.S. would reinstate a naval blockade on Iranian shipping through the Strait of Hormuz and charge a 20% toll on cargo passing through it. The TSX slipped despite a strong tailwind from energy stocks, while Wall Street fell harder on renewed AI/chip stock weakness. Gold slid as investors priced in a more hawkish Fed. All eyes now turn to today's U.S. inflation report and tomorrow's Bank of Canada rate decision. 🇨🇦 Canadian Markets S&P/TSX Composite 35,252.72 -52.59 (-0.15%) CAD/USD $0.71 US Essentially unchanged The TSX Composite closed lower Monday, falling 0.15% to 35,252.72, as weakness in materials, consumer discretionary and finan...
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Walmart Revamps In-Store Experience: Self-Checkout Machines to be Phased Out

 

In a significant shift in retail operations, Walmart has announced the removal of self-checkout machines from select stores, aiming to enhance the customer shopping experience. This decision comes as part of a broader strategy to provide more personalized service and efficient assistance through human cashiers.

Key Changes:

  • Self-Checkout Removal: Two Walmart stores, one in St. Louis and another in Cleveland, are set to eliminate self-checkout machines within two weeks.
  • Customer Service Focus: The move is intended to improve in-store shopping and offer customers more personalized service.
  • Industry Trend: Walmart follows other retailers like Target and Dollar General in reducing reliance on self-service checkout due to theft concerns and customer feedback.

Impact on Shoppers: Shoppers can expect a more traditional checkout experience with staff assistance, potentially reducing theft and errors associated with self-service machines. The change also reflects Walmart’s commitment to addressing customer needs and enhancing the overall shopping environment.

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