Money
Canada and EU draft plan to link next-generation payment systems
A leaked summit communiqué eyed for late October also sketches digital trade, critical-minerals investment and water-bomber purchases as Ottawa courts deeper Europe ties.
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Money
Rates, prices, and household arithmetic.
Money
Alberta lifts 13-cent fuel tax as Hormuz shock keeps Canadian pump prices elevated
A Calgary Herald–Financial Post analysis puts typical F-150 drivers hundreds of dollars over 2025 fuel costs this year; economists say the tax holiday eases pain but does not erase oil-driven inflation risk.
Money
Global bond rout pushes U.S. 10-year Treasury yield to a 24-year peak before buyers step in
Yields from Washington to Paris and London hit multi-decade highs after Treasuries’ worst quarter since 1994; U.S. stocks later recovered as the selloff eased.
Money
U.S. 10-year Treasury yield hits highest since 2002 as global bond selloff grinds on
Benchmark yields briefly touched 5.34% before easing to about 5.27%, while Britains 30-year yield nudged above 6% for the first time since early 1998 — even as Micron’s AI-memory outlook propped up tech shares.
Money
Micron posts record FY2026 results as AI memory demand surges
The chipmaker reported US$133.19 billion in annual revenue and guided first-quarter fiscal 2027 revenue to about US$61.5 billion as CEO Sanjay Mehrotra ties growth to AI and “super intelligence.”
Money
U.S. core PCE inflation cools to 3.0% as consumer spending surges
August’s preferred Fed gauge undershot forecasts while real spending jumped 0.6%, cutting October hike odds even as year-end tightening stays on the table.
Money
SEC moves to open private assets to more retail investors
Proposals would ease performance fees, tweak closed-end fund redemptions and expand who qualifies as an accredited investor.
Money
U.S. consumer confidence sinks to a nearly 12-year low
The Conference Board’s September index fell to 81.9 as households flagged prices, oil and a dimmer job outlook — a warning for Canadian exporters already under tariff stress.
Money
Fair Isaac shares plunge as Fannie and Freddie open door to VantageScore
FHFA’s single mortgage-pricing grid ends decades of FICO-only scoring at the twin housing giants.
Money
Australia lifts rates to 15-year high as oil keeps pressure on prices
The Reserve Bank moves to 4.6 per cent while Brent trades above US$107 a barrel.
Money
Bond markets brace for higher rates as oil keeps inflation hot
Two-year U.S. yields are set for their sharpest monthly jump since 2023 as energy costs climb.