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5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...
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Trump's Day 1 Agenda: Deportations, Pardons, and Legal Maneuvers

 

On his first day back in office, President-elect Donald Trump has outlined an ambitious agenda that includes initiating a mass deportation push, pardoning individuals involved in the January 6 Capitol riot, and addressing his own legal challenges. Trump has stated that his administration will prioritize securing the U.S. border and reversing policies from the previous administration.

Trump's plan includes the deportation of undocumented immigrants, particularly those involved in criminal activities. He has emphasized the importance of national security and public safety in his approach. Additionally, Trump has promised to pardon many of the individuals convicted for their roles in the January 6 riot, referring to them as "unbelievable patriots".

In terms of his legal battles, Trump aims to leverage his position to address the federal cases against him. He has expressed his intention to fire Special Counsel Jack Smith, who has been prosecuting two federal cases against him. Trump's legal team is also exploring ways to set aside or expunge his felony conviction in New York and delay the case in Georgia until the end of his presidential term.

As Trump prepares to take office, his bold plans are set to spark significant debate and controversy, both domestically and internationally.

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