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Fed Decision Day: Oil Tops $108, Bond Yields Hit a 19-Year High — What It Means for Your Money

  All eyes are on Washington today. The Federal Reserve wraps up its two-day policy meeting this afternoon, and markets are pricing in roughly a 90–93% chance of a 25-basis-point hike — what would be the first rate increase of this cycle, as energy-driven inflation forces central banks around the world to reverse course. It comes after a rough session on both sides of the border: the TSX slipped to a one-week low, Wall Street logged its sixth decline in seven sessions, and the 10-year U.S. Treasury yield touched 5.04% — its highest level since 2007 — as oil held near four-month highs above $107 a barrel. Here's what moved markets overnight, and what today's decision could mean for your mortgage, your grocery bill, and your portfolio. 🇨🇦 TSX: Second Straight Decline The S&P/TSX Composite closed Tuesday at 35,582.07 , down 120.46 points (-0.34%) — its second straight losing session and lowest close in about a week. Energy was the lone bright spot as crude prices surged,...
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Trump and Zelensky to Sign Landmark Minerals Deal at White House

In a significant diplomatic move, U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky are set to meet at the White House today to finalize a minerals deal. The agreement aims to grant the United States access to Ukraine's rare earth minerals in exchange for American investment and potential security guarantees for Kyiv.

The deal is seen as a strategic win for both leaders. For Trump, it represents an opportunity to secure valuable resources and potentially reimburse American taxpayers for the substantial military aid provided to Ukraine. For Zelensky, the agreement could bolster Ukraine's economy and strengthen its security amid ongoing tensions with Russia.

However, the deal is not without controversy. Critics argue that the actual mineral wealth in Ukraine is uncertain and that much of it lies in war-torn regions, making extraction challenging. Additionally, there are concerns about the lack of clear security guarantees in the current framework of the agreement.

As the two leaders prepare to sign the deal, the world watches closely, anticipating the potential geopolitical and economic impacts of this landmark agreement.

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