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5 Things to Know Today — Oil Diplomacy, TSX Rally, Carney at UNGA, Bond Yields, Canada's AI Gap (Sept. 23, 2026)

  Wednesday, September 23, 2026  |  MoneySavings.ca Oil is pulling back. The TSX is rebounding. Carney is talking deals in New York. And two under-the-radar stories — bond yields creeping up and a warning about Canada's AI ambitions — could quietly reshape your finances. Here's what matters today. 01 of 05 Oil Drops Below $92 as US–Iran Talks Begin at the UN WTI crude pulled back toward $90 per barrel Wednesday — its lowest level since early September — as diplomacy replaced missiles at the United Nations General Assembly in New York. US envoys Jared Kushner and Steve Witkoff spent three hours in shuttle talks with Iranian officials on the UNGA sidelines, just hours after President Trump threatened Iran with "annihilation" in his address to the General Assembly. Iran had offered to reopen the Strait of Hormuz within seven days if the US agreed to ease its naval blockade. Brent settled down roughly 3–4%, snapping five days of decline but still elevated from pre-conflic...

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Trump Crosses Party Lines to Back Cuomo, Warns of Funding Cuts if Mamdani Wins NYC Mayoral Race

Democratic candidate for New York City mayor, Zohran Mamdani, speaks during a campaign rally on the eve of election day, in the Queens borough of New York City.

In a dramatic twist to New York City’s mayoral race, President Donald Trump has endorsed former Governor Andrew Cuomo, despite their long history of political rivalry. The endorsement, delivered just hours before Election Day, is aimed at blocking Democratic socialist candidate Zohran Mamdani, who currently leads in the polls.

Trump labeled Mamdani a “communist” and warned that a Mamdani victory would jeopardize federal support for the city. In a fiery statement, he declared that if Mamdani wins, New York would receive only the “bare minimum” of federal funds required by law, adding that the city would face “zero chance of success, or even survival” under his leadership.

Cuomo, who is running as an independent after losing the Democratic primary to Mamdani, has positioned himself as a centrist alternative. Trump’s endorsement, however, has sparked debate over whether it will help Cuomo gain momentum or alienate voters in the heavily Democratic city. Some analysts suggest that Trump’s intervention could backfire, energizing Mamdani’s progressive base, while others argue it may consolidate moderate and conservative support behind Cuomo.

The Republican candidate, Curtis Sliwa, has trailed far behind in polling, leaving the contest effectively a showdown between Cuomo and Mamdani. With Trump’s last-minute move, the race has become a national flashpoint, reflecting broader tensions within the Democratic Party and the country’s polarized political climate.

As New Yorkers head to the polls, the question remains whether Trump’s gamble will reshape the outcome—or further entrench Mamdani’s appeal as the anti-establishment favorite.


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