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TSX Slumps as Central Banks Hold Steady

  Canada’s Main Index Suffers Sharpest Drop Since May The Toronto Stock Exchange’s S&P/TSX composite index fell 169.92 points, or 0.6%, to close at 27,369.96 on Wednesday, marking its steepest single-day decline in ten weeks. The drop followed a record high the previous day, underscoring investor unease as both the U.S. Federal Reserve and the Bank of Canada opted to keep interest rates unchanged. The materials sector led the retreat, sliding 2.1% amid tumbling copper and gold prices. Financials and technology also posted losses, down 0.6% and 0.5% respectively, as eight of the index’s ten major sectors ended in the red. Market sentiment soured after the Fed’s decision to hold rates steady offered no clear timeline for future cuts, disappointing investors hoping for dovish signals. Meanwhile, the Bank of Canada maintained its benchmark rate at 2.75% for the third consecutive meeting, citing reduced risks of a global trade war. Among individual stocks, Capital Power Corp sa...
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Minnesota Lawmakers Shooting: Suspect Arrested After Intense Manhunt



Authorities have arrested Vance Luther Boelte*, the suspect accused of fatally shooting former Democratic House Speaker Melissa Hortman and her husband, Mark Hortman, while also wounding Sen. John Hoffman and his wife, Yvette Hoffman. 

Boelter, 57, was taken into custody late Sunday after surrendering to police in a wooded area near his home, ending what officials described as the largest manhunt in Minnesota's history. The suspect allegedly posed as a police officer before carrying out the attacks at the victims' homes. 

Minnesota Governor Tim Walz condemned the violence, calling it a "politically motivated assassination". Authorities revealed that Boelter had a list of other public officials, raising concerns about further planned attacks. 

Boelter has been charged with two counts of second-degree murder and two counts of second-degree attempted murder, with potential sentences of up to 40 years in prison. He is scheduled to appear in court Monday afternoon. 

The tragic incident has sent shockwaves through the state, prompting discussions on political violence and security measures for public officials.

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