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The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...
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Washington Post Faces Major Restructuring as Layoffs Sweep Newsroom

                        The Washington Post headquarters in Washington, DC, US, on Tuesday, Jan. 27, 2026.

The Washington Post has entered a period of significant upheaval as widespread layoffs reshape the organization under the ownership of Jeff Bezos. Hundreds of positions across the newsroom have been eliminated, marking one of the most extensive staff reductions in the paper’s modern history.

Leadership described the cuts as part of a broader effort to stabilize the publication amid financial pressures and shifting audience habits. Several long‑standing sections are being downsized or reorganized, and some specialty desks are being folded entirely into broader reporting teams.

The abrupt nature of the layoffs has left many employees stunned, with concerns about the impact on the Post’s journalistic capacity and its ability to maintain the breadth of coverage that has defined the paper for decades. Media observers note that the move reflects a larger trend across the industry, as news organizations grapple with declining revenue and evolving digital demands.

As the Post navigates this transition, questions remain about how the restructuring will shape its editorial identity and long‑term strategy.

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