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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Canada Post Temporarily Lays Off Striking Workers Amid Ongoing Strike

The Canadian Union of Postal Workers (CUPW) has reported that Canada Post has begun temporarily laying off striking workers as the nationwide strike by over 55,000 postal workers reaches its two-week mark. The union has condemned the move, calling it a "scare tactic" and is currently investigating the situation.

Canada Post has confirmed the temporary layoffs, stating that the ongoing strike has significantly impacted its operations. According to a Canada Post spokesperson, the layoffs are in accordance with the Canada Labour Code, which allows for changes in employment conditions during a strike. The union, however, argues that this action violates the code's provisions against employer interference during legally-protected job actions.

The union has urged its members not to panic and has committed to addressing this significant escalation in the labour dispute. Meanwhile, Canada Post has emphasized its commitment to negotiating new collective agreements and ensuring the future sustainability of its operations.

The situation remains tense as both parties navigate the complexities of the ongoing strike and its implications for workers and the postal service.




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