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Kingsbury Strikes Gold to Open Canada’s Medal Count

Canada's Mikael Kingsbury wins Olympic gold in men's dual moguls. Mikael Kingsbury has delivered a landmark moment for Team Canada, capturing the nation’s first gold medal of the Milan Cortina Olympics. The freestyle skiing superstar put down a commanding moguls run, blending speed, precision, and trademark control to secure the top spot. Already regarded as one of the greatest moguls athletes in history, Kingsbury added yet another highlight to his remarkable career. His victory energized the Canadian contingent and set a confident tone for the days ahead. As the flag rose behind him during the medal ceremony, Kingsbury’s performance stood as both a personal triumph and a powerful start to Canada’s Olympic campaign.
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Markets Rattle as Trump’s Fed Clash Sparks Global Sell-Off


Global markets stumbled on Tuesday as President Donald Trump’s escalating confrontation with the U.S. Federal Reserve unnerved investors. The president’s announcement that he would remove Fed Governor Lisa Cook — citing alleged mortgage improprieties — marked an unprecedented challenge to the central bank’s independence. Cook has vowed not to step down voluntarily.

The move sent longer-dated U.S. Treasury yields higher, with the 10-year rising to 4.30% and the 30-year to 4.94%, while the two-year yield dipped as traders priced in greater odds of rate cuts. U.S. equity futures fell, gold touched a two-week high, and the dollar weakened against major currencies.

The political shockwaves extended overseas: Japan’s Nikkei closed nearly 1% lower, Europe’s STOXX 600 dropped 0.8%, and French assets slid amid separate domestic political uncertainty. Analysts warned that the episode could reshape the Fed’s policymaking body and deepen volatility ahead of the September policy meeting.

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