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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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Trump’s Contentious Q&A with Black Journalists Sparks Outrage on Social Media

 

Former President Donald Trump found himself at the center of a heated controversy following a contentious Q&A session at the National Association of Black Journalists (NABJ) convention in 2024. The event, intended to foster dialogue between Trump and Black journalists, quickly devolved into a tense exchange that left many attendees and viewers outraged.

The session began with Trump addressing the crowd, but it soon turned confrontational as reporters pressed him on various issues. One of the most contentious moments arose when Trump was questioned about his past comments on Vice President Kamala Harris's racial identity. His responses, seen by many as dismissive and offensive, only fueled the tension in the room.

Reporters also challenged Trump on his stance on immigration and job creation, particularly in Black communities. His responses were perceived as evasive and insensitive, further aggravating the situation. The atmosphere grew increasingly charged, with voices raised and tempers flaring.

Social media platforms quickly became a hotbed of reactions, with many users expressing their anger and frustration over Trump's handling of the questions. Hashtags related to the event trended as people shared clips and comments from the session. Critics accused Trump of being out of touch and disrespectful, while his supporters defended his performance, arguing that he was being unfairly targeted.

Prominent figures in journalism and politics weighed in on the incident. Some praised the journalists for holding Trump accountable, while others lamented the lack of productive dialogue. The incident has sparked a broader conversation about race, media, and political discourse in the current climate.

As the dust settles, the fallout from Trump's Q&A disaster at the NABJ convention is likely to continue, serving as a stark reminder of the deep divisions and heightened emotions that characterize the current political landscape.

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