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5 Things to Know Today: Fed Decision Looms, TSX Slides, Gas Prices Climb (Sept 16)

  Wednesday, September 16, 2026 The Fed's biggest decision in years lands at 2 p.m. ET today, the TSX and loonie are both licking their wounds, and drivers are paying more at the pump despite the gas tax holiday. Here's what's moving your money this morning. 1. The Fed Decides on Rates Today — and a Hike Looks All but Certain The Federal Reserve announces its rate decision at 2 p.m. ET, with Chair Kevin Warsh's press conference to follow at 2:30 p.m. Markets have priced in over 90% odds of a 25-basis-point hike, which would lift the target range to 3.75%–4.00% from 3.50%–3.75%, where it's sat since December. It would be the first hike of this cycle, driven by inflation still running above target even as the labour market holds up. What it means for you: A Fed hike widens the gap with the Bank of Canada's 2.25% rate, which tends to pressure the loonie lower and nudge Canadian bond yields — and by extension fixed mortgage pricing — upward. Watch for the reaction ...
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Daylight Saving Time 2024: When the Clocks Fall Back

 

As autumn settles in and the days grow shorter, it’s time to prepare for the end of Daylight Saving Time (DST) in 2024. This year, DST will officially end at 2 a.m. local time on Sunday, November 3rd. This means that clocks will “fall back” one hour, giving us an extra hour of sleep and marking the return to standard time.

The practice of adjusting clocks during DST aims to make better use of daylight during the longer days of spring and summer. However, as we move into the colder months, the shift back to standard time provides more daylight in the morning, which can be beneficial for early risers.

While the extra hour of sleep is often welcomed, the transition can be a bit disorienting. Here are a few tips to help you adjust smoothly:

  • Gradual Adjustment: Start going to bed 15-30 minutes earlier a few days before the change.
  • Morning Light: Spend time outside in the morning light to help reset your internal clock.
  • Consistent Routine: Stick to a regular sleep schedule, even on weekends.

Remember to update any manual clocks before going to bed on November 2nd to avoid confusion the next morning. Enjoy the extra hour of rest and the cozy fall mornings!


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