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Tech Jitters and Fed Uncertainty Weigh on Markets

U.S. stocks slipped as a pivotal week began, with investors bracing for a wave of Big Tech earnings and the Federal Reserve’s upcoming policy decision. The Dow, S&P 500, and Nasdaq all edged lower, reflecting a cautious mood across markets. The pullback follows a choppy stretch for equities, as major indexes have struggled to regain momentum amid shifting expectations for interest‑rate cuts and ongoing geopolitical concerns. Tech stocks, in particular, have been under pressure after consecutive weekly declines, raising the stakes for earnings reports from industry giants. Apple, Microsoft, Meta, and Tesla are all set to report in the coming days, and their results could determine whether the sector reclaims leadership or continues to drag on broader market performance. With the Fed meeting approaching, traders are looking for clarity on the central bank’s rate‑cut timeline. Until then, many appear content to stay on the sidelines as uncertainty hangs over the week ahead.

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NDP Blasts Ford for Washington Trip: Ethics Complaint Filed Over Alleged Partisan Use of Taxpayer Funds

 

Ontario NDP Leader Marit Stiles has formally lodged an ethics complaint with the province’s Integrity Commissioner over Premier Doug Ford’s recent Washington, D.C. trip. The complaint alleges that Ford blurred the lines between official government business and partisan campaigning by leveraging taxpayer-funded travel for electioneering purposes. A campaign-style video—initially posted with the Progressive Conservative party logo—has come under fire for suggesting that the trip was used to boost his re-election campaign, even after the logo was later removed. 

Ford made the trip in his capacity both as Ontario’s premier and as chair of the Council of the Federation, meeting with U.S. lawmakers to counter potential punitive tariffs amid threats from President Donald Trump. Despite assertions that the visit was intended to serve Ontario’s economic interests, Stiles argues that such actions constitute a misuse of public funds. “His actions have repeatedly and intentionally blurred the lines between official provincial business and partisan promotion,” she stated, emphasizing the need for transparency and accountability. 

Critics from both the NDP and Liberal ranks contend that the trip, especially during the middle of a snap election, undermines democratic integrity by prioritizing political gain over the public good. The complaint calls for an investigation into whether government resources were inappropriately used to produce campaign content and whether proper protocols were followed during the trip. 

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