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5 Things to Know Today: U.S. Alcohol Ban, GDP Day, 5.25% Yields (Sept 29)

  Tuesday September 29, 2026 A U.S. import ban on Canadian booze kicks in, Statistics Canada reports July GDP, and U.S. bond yields sit at levels not seen since 2007. Here are the five things that matter for your wallet today. 1 The U.S. ban on Canadian alcohol takes effect today As of 12:01 a.m. ET, the U.S. is refusing entry to many Canadian beer, wine, cider and spirits shipments, along with whey products, molasses and larger motorcycles. The measures were signed Sept. 8 and largely replace the 50% tariffs that applied to these goods. Bottles already in the U.S. can still be sold, and product shipped in bulk to be bottled south of the border appears to fall outside the ban. Canadian producers say pivoting to domestic sales won't be easy, because a patchwork of provincial rules complicates selling across borders. What it means for you: The ban hits exports, not what you pay at the store. The exposure is for people who work in or own shares of brewers, distillers and wineries, a...

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Trump Taps Fox News Host and Loyalists for Top White House Positions

 

President-elect Donald Trump has announced several key appointments for his upcoming administration, including the selection of Fox News host Pete Hegseth as Secretary of Defense. Hegseth, a decorated Army veteran and outspoken supporter of Trump, has been a prominent figure on Fox News and is known for his conservative views.

In addition to Hegseth, Trump has chosen other loyalists for top positions. Florida Congressman Michael Waltz has been named National Security Adviser, bringing his experience as a former Green Beret and counterterrorism adviser. South Dakota Governor Kristi Noem will serve as Secretary of Homeland Security, despite her lack of direct experience in national security.

These appointments reflect Trump's preference for loyalty and alignment with his "Make America Great Again" agenda. Critics argue that the selection of media personalities and political loyalists over seasoned experts could lead to challenges in governance and policy implementation.

As Trump prepares to take office, the nation watches closely to see how these new appointments will shape his administration and impact U.S. domestic and foreign policies.

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