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AIR MILES Is Gone. Here's What Actually Earns You Travel Now

  If you've been holding onto a Air Miles card waiting to redeem for a flight, the program you signed up for doesn't exist anymore — and the cards that replaced it aren't the best game in town. If you searched "best AIR MILES credit card" and landed here, there's something you need to know first: there is no such thing anymore. AIR MILES, the loyalty program that's been part of Canadian wallets since 1992, officially became BMO Blue Rewards on June 2, 2026. BMO had already stopped issuing new AIR MILES cards back in January, and every collector's Miles converted automatically into Blue Points at a rate of roughly 1 Air Mile to 15.79 Blue Points — no action needed, no lost value. That's good news if you're a longtime collector sitting on a pile of Miles. It's less good news if you were hoping to earn free flights that way going forward, because Blue Rewards was built to compete with PC Optimum and Scene+ — grocery, gas, and everyday spendi...
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Wall Street Holds Steady as Target Earnings and Fed Minutes Take Center Stage

 

U.S. stock futures were little changed Wednesday morning, pausing after a volatile stretch for technology shares as investors digested fresh retail earnings and awaited key signals from the Federal Reserve.

The Dow Jones Industrial Average and S&P 500 hovered just below the flat line, while Nasdaq 100 futures slipped slightly following Tuesday’s tech-led selloff. Target’s quarterly results — which beat profit expectations but revealed ongoing pressure from tariffs and cautious consumer spending — sent its shares down 10% in premarket trading. The retailer also announced Michael Fiddelke will succeed Brian Cornell as CEO in 2026.

Lowe’s stock rose after lifting its 2025 forecast, offering a bright spot in the retail sector ahead of Walmart’s earnings on Thursday.

Market attention now turns to the release of the Fed’s July meeting minutes, expected to shed light on policymakers’ thinking around potential interest rate cuts. The report will serve as a prelude to Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday, where investors hope to gain clarity on the central bank’s path amid a cooling labor market and persistent inflation pressures.

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