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5 Things to Know Today: US CPI, BoC Minutes, Oil Below US$90 (Nov. 10)

  Tuesday, November 10, 2026. U.S. inflation data, Bank of Canada minutes and a sharp slide in oil headline your morning. Here is what matters for your wallet. 1. US inflation report lands at 8:30 a.m. ET Economists expect October U.S. consumer prices to rise 0.3% from September, slower than the 0.6% jump the month before, with core prices up 0.2%. There will be no annual rate this time because last year's government shutdown left a gap in the October 2025 data. Strong U.S. jobs numbers on Friday have already pushed the odds of a Fed rate hike on December 9 above 65%. What it means for you: U.S. rate expectations move Canadian bond yields, which set fixed mortgage rates, and they swing the loonie. A hot reading could push yields higher; a cool one could give borrowers a little breathing room. 2. Bank of Canada releases its rate-hike minutes at 1:30 p.m. ET The central bank publishes its summary of deliberations on the October 28 decision, when it raised its policy rate by a qua...

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USAID Headquarters Seized: Staff Barred as Lease Is Transferred to GSA

In a dramatic turn of events on Monday, scores of USAID staffers were turned away from their decades-old Washington, D.C. headquarters after officials confirmed that the Trump administration had stripped the agency of its lease. When employees arrived to retrieve personal belongings and report for duty, they encountered tightly controlled entry measures—a front desk officer admitted only a pre-approved list of fewer than 10 names was permitted inside, while tarps obscured the agency’s interior signage.

According to multiple reports, the building’s lease has now been handed over to the General Services Administration (GSA), which plans to repurpose the space for other federal uses. This abrupt move is part of a broader effort by the Trump administration, with backing from billionaire Elon Musk’s Department of Government Efficiency, to dramatically downsize USAID. Critics argue that such measures are not only intended to cut what the administration deems “wasteful” spending, but also to realign U.S. foreign aid policies with an “America First” agenda.

The chaos unfolding at USAID headquarters comes amid a series of legal and administrative challenges. While a federal judge temporarily blocked an order that would have placed thousands of USAID staffers on administrative leave and imposed a 30-day deadline for overseas workers to return to the United States, the blockage did not extend to the headquarters lockout. Consequently, many employees reported confusion over conflicting emails and notices issued over the past weekend regarding access to the office, with some staffers stating they were simply told to “go” without further explanation.

As the situation continues to evolve, aid organizations and USAID officials warn that the disruption could jeopardize critical life-saving programs abroad—from emergency food and water assistance to health initiatives in some of the world’s most vulnerable regions.


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