A person takes a picture of the newly unveiled sign for Lake Ontario at Fifty Point Conservation Area in Grimsby, Ontario, Canada, on Saturday, Aug. 29, 2026. (Keito Newman/The Canadian Press via AP)
The Toronto skyline is seen across Lake Ontario as Ontario Premier Doug Ford speaks during an interview prior to the unveiling of a sign for Lake Ontario at Fifty Point Conservation Area in Grimsby, Ontario, Canada, on Saturday, Aug. 29, 2026. (Keito Newman/The Canadian Press via AP)
Ontario Premier Doug Ford unveils a sign for Lake Ontario at Fifty Point Conservation Area in Grimsby, Ontario, Canada, on Saturday, Aug. 29, 2026. (Keito Newman/The Canadian Press via AP)
Ontario Premier Doug Ford, right, and Niagara West Member of Provincial Parliament Sam Oosterhoff unveil a sign for Lake Ontario at the Fifty Point Conservation Area in Grimsby, Ontario, Canada, on Saturday, Aug. 29, 2026. (Keito Newman/The Canadian Press via AP)
People look out across Lake Ontario and the Toronto Skyline from the Toronto Harbour in Toronto on Tuesday, Aug. 25, 2026. (Keito Newman/The Canadian Press via AP)
People look out across Lake Ontario from the harbor in Toronto, Tuesday, Aug. 25, 2026. (Keito Newman/The Canadian Press via AP)
FILE - Ontario Premier Doug Ford speaks to the media regarding the federal governments decision to allow Chinese EV's into Canada at Queen's Park in Toronto on Wednesday, Jan. 21, 2026. (Nathan Denette/The Canadian Press via AP, File)
FILE - A mine operated by Serra Verde Mining digs for rare earth elements including neodymium, praseodymium, terbium and dysprosium, which are essential for the production of permanent magnets, in Minacu, Goias state, Brazil, July 28, 2025. (AP Photo/Eraldo Peres, File)
Inflation has exceeded the Fed’s 2% target since early 2021 when the U.S. economy overheated as it roared back from COVID-19 lockdowns.
The S&P 500 dropped 1.6% after a report showed U.S. employers cut more jobs last month than they created.