Skip to main content

Featured

Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...

article

Former U.S. Health Leaders Sound Alarm Over the Rise of Ultraprocessed Foods

 


Two former top U.S. health officials have issued a pointed warning about the growing dominance of ultraprocessed foods in the American diet, arguing that these products pose a significant threat to long‑term public health. The former FDA commissioner and a former U.S. health secretary emphasized that the nation’s food system has shifted dramatically toward products engineered for convenience, shelf life, and hyper‑palatability—often at the expense of nutritional value.

In their critique, the leaders highlighted mounting scientific evidence linking ultraprocessed foods to chronic conditions such as obesity, heart disease, and type 2 diabetes. They stressed that these products, which include many packaged snacks, ready‑to‑eat meals, and sweetened beverages, are often high in added sugars, unhealthy fats, and sodium while lacking essential nutrients.

The officials called for stronger regulatory oversight, clearer labeling, and policies that encourage the production and consumption of whole, minimally processed foods. They also urged the food industry to take greater responsibility for reformulating products and reducing reliance on additives and artificial ingredients.

Their message adds to a growing national conversation about the role of industrialized food in shaping health outcomes. As research continues to illuminate the long‑term effects of ultraprocessed diets, the debate over how to reshape the American food landscape is becoming increasingly urgent.


Comments