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5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...

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New Year's traditions: How do people celebrate the new year around the world?

 New Year’s Eve and New Year’s Day are celebrated in various ways around the world. Here are some interesting traditions:

  • In Spain, it is customary to eat 12 grapes at midnight, one for each stroke of the clock, to bring good luck for the coming year.
  • In Scotland, the New Year is celebrated with a festival called Hogmanay. People swing giant fireballs on poles and parade through the streets.
  • In Denmark, people throw plates and glasses against their friends’ and neighbors’ front doors to banish bad spirits and bring good luck.
  • In Ecuador, it is tradition to burn effigies of famous people to destroy bad “juju” from the past year and start fresh.
  • In Thailand, it was once tradition to fire guns to frighten off demons.
  • In China, firecrackers are used to rout the forces of darkness.
  • In the United States, many people watch the ball drop in New York’s Times Square to ring in the new year.
  • In Canada, people often gather with friends and family to enjoy a feast and watch fireworks displays.
  • In Japan, people celebrate the new year with a traditional meal called “osechi ryori” and visit temples and shrines to pray for good fortune.

These are just a few examples of how people around the world celebrate the new year. Happy New Year! 

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