Skip to main content

Featured

5 Things to Know Today: US Inflation Day, Canada’s Job Losses and Oil Near $106 | Oct. 14, 2026

  Canadian Money Brief  |  Wednesday, October 14, 2026 Good morning. The biggest number of the day lands at 8:30 a.m. ET, and it could shape where mortgage rates and the loonie go next. Here are the five things worth knowing before you start your day. 1 US inflation report lands at 8:30 a.m. ET September U.S. CPI is the last major inflation reading before the Fed meets Oct. 27–28. Economists expect headline inflation to climb to roughly 3.6%–3.7% from 3.4% in August, a gasoline-driven jump of about 0.6% on the month, while core inflation is seen cooling to around 0.2% month over month. The Fed raised its target range to 3.75%–4.00% on Sept. 16, but September payrolls added just 29,000 jobs, and markets now see roughly a one-in-four chance of another hike in October, with December still largely priced in. What it means for you: A hotter-than-expected print can push bond yields higher, and Canadian fixed mortgage rates follow the 5-year bond. A cooler one eases the pressu...
Post a Comment
Read more

article

Labels

Tragedy Strikes New Orleans: Unraveling the Details of the New Year's Day Attack

 

In the early hours of New Year's Day, a devastating attack unfolded on Bourbon Street in New Orleans, leaving 15 people dead and dozens injured. The suspect, identified as Shamsud-Din Jabbar, a 42-year-old U.S. citizen from Texas and an Army veteran, drove a rented pickup truck into a crowd of revelers before engaging in a shootout with police. Jabbar was killed in the exchange of gunfire.

The FBI has confirmed that Jabbar acted alone and was inspired by ISIS. In the hours leading up to the attack, Jabbar posted videos on Facebook declaring his support for the terrorist organization. Authorities are also investigating a possible connection to a vehicle explosion outside the Trump International Hotel in Las Vegas, though no definitive link has been established.

The attack has left the city in shock, with families and friends mourning the loss of their loved ones. Among the victims were an aspiring nurse, a former football star, and a father of two. The FBI and local law enforcement continue to investigate the incident, reviewing surveillance footage and following up on tips from the public.

As New Orleans begins to heal from this tragedy, the community remains resilient, coming together to support one another in the face of adversity.



Labels:

Comments

Post a Comment