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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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Futures Slip as Wall Street Awaits Jobs Data and Defense Stocks Bounce Back

US stock futures drifted lower Thursday morning as investors positioned themselves ahead of fresh labor‑market data and monitored a sharp rebound in major defense stocks. The cautious tone follows a stretch of record‑setting gains, prompting traders to reassess risk amid shifting expectations for Federal Reserve policy and rising geopolitical tensions.

Nasdaq 100 futures dipped around 0.3%, while S&P 500 futures slipped roughly 0.2%. Dow Jones Industrial Average futures fell about 0.4%, extending the previous session’s uneven trading. Investors are watching closely for weekly jobless‑claims figures and Friday’s broader employment report, both of which could influence the Fed’s next interest‑rate decision.

Defense stocks, which tumbled a day earlier after criticism from President Trump, surged in premarket trading. Trump signaled support for dramatically higher military spending—potentially reaching $1.5 trillion annually—lifting shares of major contractors such as Northrop Grumman and Lockheed Martin.

Markets are also digesting heightened geopolitical risks, including US actions involving Venezuelan oil shipments, adding another layer of uncertainty for global investors.

With equities still hovering near historic highs, Thursday’s labor data may determine whether the recent rally regains momentum or pauses for a deeper cooldown.

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