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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Air Canada Strike Ends as Tentative Deal Reached with Flight Attendants

                          An Air Canada aircraft sit parked at Vancouver International Airport, in Richmond, B.C., on Monday. 


After days of travel chaos and grounded flights, Air Canada and the Canadian Union of Public Employees (CUPE) have reached a tentative agreement to end the strike involving more than 10,000 flight attendants.

The breakthrough came after intensive mediator-assisted talks that stretched late into the night. CUPE confirmed the deal will be presented to members for a ratification vote, while Air Canada announced it will gradually resume operations, with the first flights expected to depart Tuesday evening.

The strike, which began on August 16, had forced the cancellation of hundreds of flights and disrupted travel for hundreds of thousands of passengers. While the airline aims to restore full service within 7–10 days, some cancellations will continue until schedules stabilize.

Union leaders say the agreement addresses key concerns over wages and compensation for unpaid duties, bringing them closer to parity with recent gains made by U.S. flight attendants. Air Canada CEO Michael Rousseau urged patience as crews and aircraft are repositioned, assuring customers that “everyone at Air Canada is doing everything possible” to get them flying again.

Travellers with confirmed bookings on operating flights are advised to proceed to the airport, while others should await rebooking updates.



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