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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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Missile Strike Near Israel’s Ben Gurion Airport Sparks Security Concerns

A missile launched from Yemen by the Iran-backed Houthi rebels landed near Israel’s Ben Gurion Airport on Sunday morning, causing temporary flight suspensions and widespread panic among passengers. The missile struck a road near Terminal 3, creating a large crater but causing no significant damage. 

Israeli authorities confirmed that multiple interception attempts failed, leading to the projectile reaching its target. Sirens blared across central Israel, including Tel Aviv, as emergency crews rushed to the scene. The Israeli ambulance service reported that several people sustained minor injuries, with some requiring hospitalization. 

The Houthis claimed responsibility for the attack, stating that Israel’s main airport was “no longer safe for air travel”. In response, Israeli Defense Minister Israel Katz vowed strong retaliation, declaring that “whoever harms us will be harmed sevenfold”. 

Flight operations at Ben Gurion Airport resumed after a brief suspension, though several airlines canceled or delayed departures. The incident comes amid escalating tensions in the region, with Israeli officials set to discuss potential military responses. 

This latest strike underscores the growing threat posed by long-range missile attacks and raises concerns about the effectiveness of Israel’s air defense systems. 


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