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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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Jimmy Carter: A Legacy of Peace and Service

 

Former U.S. President Jimmy Carter, a Nobel Peace Prize laureate and a beacon of humanitarian efforts, passed away peacefully at the age of 100 in Plains, Georgia. Carter, who served as the 39th President of the United States from 1977 to 1981, was known for his unwavering commitment to human rights, peace, and public service.

Carter's post-presidential years were marked by his dedication to improving global health, promoting democracy, and building homes for the homeless through his work with Habitat for Humanity. His efforts earned him respect and admiration worldwide, and he remained an active advocate for peace and human rights until his final days.

President Joe Biden and First Lady Jill Biden expressed their condolences, describing Carter as an extraordinary leader whose life was guided by compassion and moral clarity. World leaders and ordinary citizens alike have mourned his loss, reflecting on his enduring impact on the world.

Carter's legacy is a testament to the power of service and the impact one individual can have on the lives of millions. His memory will continue to inspire future generations to strive for a more just and compassionate world.


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