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FIFA World Cup 2026 & Your Wallet: How to Cash In Right Now

  The biggest sporting event in history is happening right now in Canada. Here's what it means for your money — whether you own property, rent, or just want to watch. The 2026 FIFA World Cup kicked off on Canadian soil on June 12 — and whether you've been following the matches or not, this tournament is already leaving a mark on Canadian wallets. Toronto and Vancouver are hosting games through July 19, and the economic ripple effects are very real: in hotels, short-term rentals, restaurants, and yes, your tax return. If you're a homeowner — especially in Toronto or the GTA — there's still time to benefit. And if you're simply a Canadian taxpayer, it's worth knowing exactly what this tournament is costing us, and what we're getting back. Here's everything you need to know about the FIFA World Cup and your money. The Big Picture: What This Tournament Is Worth to Canada FIFA projects that hosting the World Cup will contribute up to CAD $3.8 billion in eco...

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Market Momentum Stalls as Investors Weigh Inflation Data and Fed Outlook

The recent rally in U.S. stocks took a breather on Wednesday as investors digested a softer-than-expected inflation report and assessed the implications for Federal Reserve policy. The Dow Jones Industrial Average remained flat, while the S&P 500 slipped 0.3%, and the Nasdaq Composite led declines, falling 0.5%.  

The latest Consumer Price Index (CPI) data showed inflation rising 0.1% month-over-month, below the expected 0.2% increase. Core inflation, which excludes food and energy, remained steady at 2.8% year-over-year. This cooler-than-anticipated inflation reading fueled speculation that the Fed might move toward an interest rate cut later in the year.  

Investor sentiment was also shaped by ongoing U.S.-China trade negotiations, which aim to revive a tariff truce. While the framework agreement was announced, details remain unclear, leaving markets uncertain about its long-term impact.  

Meanwhile, Treasury yields declined, with the benchmark 10-year yield falling to 4.41%, reflecting increased expectations of monetary easing.  

Despite the pause in the rally, analysts remain optimistic about the broader market trajectory, with the S&P 500 and Nasdaq hovering near record highs amid hopes for economic stability and potential trade resolutions.  


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