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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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Wall Street Wavers as AI Concerns Eclipse Shutdown Optimism

US markets stumbled on Tuesday as renewed anxiety over artificial intelligence investments weighed on investor sentiment, overshadowing optimism that Washington may soon resolve the record-breaking government shutdown.

The Dow Jones Industrial Average held near the flat line, while the S&P 500 slipped about 0.2%. The Nasdaq Composite fell 0.3%, retreating after a strong start to the week that had been fueled by hopes of an AI-driven rally.

Investor confidence in the AI sector was shaken after SoftBank Group announced it had sold its entire stake in Nvidia, redirecting funds toward its own AI ventures. The move raised fresh questions about whether the massive capital flowing into AI will deliver returns that justify lofty valuations. Meanwhile, CoreWeave trimmed its full-year revenue forecast, sending its shares down more than 8% in premarket trading.

Despite the pullback, optimism remains that a resolution to the US government shutdown could provide a stabilizing force for markets. Traders are closely watching developments in Washington, where negotiations continue to end the historic funding lapse.

The day’s trading highlights the tug-of-war between short-term political relief and long-term sector uncertainty. While hopes for a government reopening buoyed sentiment earlier this week, the AI sector’s volatility underscores how fragile investor confidence remains in the face of shifting corporate strategies and earnings outlooks.

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