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Markets Rebound as Trump Softens Stance on Power Plant Shutdown Threat

  Stock futures surged early Monday after President Donald Trump backed away from a threat to shut down certain U.S. power plants, easing investor concerns about potential disruptions to the energy grid and broader economic fallout. Major index futures—including the Dow, S&P 500, and Nasdaq—turned sharply higher as traders interpreted the shift as a sign of policy stability after a volatile week. The reversal helped restore confidence across sectors that had been rattled by the possibility of sudden regulatory intervention. Oil prices, meanwhile, tumbled as energy markets recalibrated. Crude had spiked on fears of supply constraints tied to the power plant dispute, but with the threat withdrawn, prices slid back toward recent lows. Analysts noted that the drop reflects both reduced geopolitical tension and ongoing concerns about global demand. Investors will now be watching for additional signals from the administration and regulators to determine whether Monday’s rally mar...
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Canada Post Strike Enters Day 29: No End in Sight as Negotiations Stall


As the Canada Post strike reaches its 29th day, tensions remain high with no apparent resolution in sight. The Canadian Union of Postal Workers (CUPW) and Canada Post continue to be at odds over key issues such as wages, job security, and staffing for proposed weekend deliveries. 

Despite ongoing criticisms from both sides, federal mediation remains paused since late November, and there are no immediate plans to restart it. The federal labour minister has also resisted calls for government intervention, insisting that the two parties must reach an agreement independently.

This week, however, saw a small victory for the union as a mediated settlement was reached regarding a complaint over temporary layoffs during the strike. Canada Post has agreed to notify affected employees that they are not on a temporary layoff.

With Christmas fast approaching, the pressure is mounting on both sides to find a resolution soon. The strike, which involves over 55,000 workers, has already caused significant disruptions, and the public is growing increasingly concerned about the impact on holiday deliveries.

As negotiations continue, the hope is that both parties can come to an agreement that addresses their concerns and allows postal services to resume normal operations. Until then, Canadians are left waiting and hoping for a swift resolution.




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