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5 Things to Know Today: Inflation Data, a Tariff Countdown, and a Big Energy Deal

  August 17, 2026 Inflation data lands this morning, the clock on the U.S. tariff deadline is down to two days, and a long-running provincial energy dispute is about to be settled. Here's what's moving your money today. 1. Today's Inflation Report Could Set the Tone for September Statistics Canada releases July's Consumer Price Index this morning. Economists are expecting the annual rate to tick up to roughly 2.9%, from 2.8% in June, mainly because gasoline prices swung higher again in July after the Middle East conflict pushed oil prices back up. Core inflation measures, which the Bank of Canada watches most closely, aren't expected to move much. What it means for you: A hotter-than-expected print would make it less likely the Bank of Canada cuts rates at its September 2 meeting, which matters if you're renewing a variable-rate mortgage or carrying a line of credit. A softer number keeps a cut on the table. 2. The Tariff Deadline Is Two Days Away, and Talks Are...
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Jake Paul Defeats Mike Tyson in Lackluster Bout

 

In a highly anticipated yet ultimately disappointing boxing match, Jake Paul emerged victorious over the legendary Mike Tyson. The fight, held at AT&T Stadium in Texas, saw Paul win by unanimous decision after eight rounds of two-minute bouts. The judges scored the fight 80-72, 79-73, and 79-73 in favor of Paul.

Tyson, now 58 years old and having not competed professionally in 19 years, struggled to keep up with the younger and more athletic Paul. The bout was characterized by Tyson’s sluggish performance, landing only 18 punches compared to Paul’s 78. Despite receiving a hero’s welcome, Tyson’s performance left fans disappointed, with many booing as the fight concluded.

Paul, a 27-year-old YouTuber-turned-boxer, managed to keep Tyson at bay with effective jabs and accurate punches. The fight, streamed on Netflix, drew significant attention but failed to deliver the excitement many had hoped for. Post-fight, Tyson hinted at a possible future bout with Paul’s brother, Logan, despite the lackluster showing.

This victory marks Paul’s 11th professional win, further solidifying his controversial presence in the boxing world.


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