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Claim Your Share: Navigating the $500-Million Bread Price-Fixing Settlement

  Canadians who purchased packaged bread between January 1, 2001, and December 31, 2021 , may be eligible for compensation from a $500-million class-action settlement . This lawsuit accused major grocery chains, including Loblaw Companies Ltd. and George Weston Ltd. , of participating in a price-fixing scheme that artificially inflated bread prices. Who Can Apply? Eligible claimants include individuals and businesses that bought packaged bread in Canada during the specified period. The settlement covers most packaged bread products , but excludes fresh in-store baked goods, artisan loaves, and frozen bread. How to File a Claim Once the settlement process is finalized, an online claims porta l will be available for submissions. Claimants will need to provide details about their bread purchases, though proof of purchase is not required for claims up to $25 . Those who previously received a $25 Loblaw gift card  in 2018–2019 can still apply, but the gift card amount will be deduc...
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Stock Market Update: Steady Futures Aim to Extend Records


U.S. stock futures remained stable early Monday as investors geared up for a consequential week that could provide key signals for the near-term path of interest rates. Here are the highlights:

  • S&P 500 and Nasdaq Records: The S&P 500 and tech-heavy Nasdaq Composite are looking to build on their latest records secured in the wake of Friday’s jobs report, which signaled continued cooling in the labor market. This prompted an influx of bets on a September rate cut from the Federal Reserve. About three-in-four traders expect a cut in September.

  • Upcoming Events: Keep an eye on several events this week:

    • Fed Chair Testimony: Fed Chair Jerome Powell is set to appear in Congress for semiannual testimony on Tuesday and Wednesday.
    • Consumer Price Index (CPI): The latest CPI print is scheduled for release on Thursday. Economists expect headline inflation to have risen 3.1% over the last year, matching the lows where the CPI started the year.
    • French Election Results: A left-wing coalition in France garnered the most votes in the country’s election, stunning the far-right that was hoping to secure a parliamentary majority. The benchmark French index rose slightly.

  • Corporate News: Boeing (BA) pleaded guilty to a criminal conspiracy charge in relation to two fatal 737 Max crashes. Shares were up nearly 1% in premarket trading.


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