All rise 🧑‍⚖️- Meta begins landmark legal fight, Government bonds are in chaos.

Meta is defending itself against a landmark lawsuit from 29 U.S. states accusing Facebook and Instagram of harming young users, a case that could bring massive penalties and force a redesign of core social media features.

Plus, long-term government bond yields are hitting multi-decade highs as inflation fears, war-driven oil pressures, and rising deficits push up borrowing costs — including in Canada, where higher yields could put more pressure on mortgage rates.

And in The Big Picture: the Parti Québécois pledges an independence referendum after Trump leaves office, OpenAI launches a teen version of ChatGPT, Disney sues the FCC, and Curaleaf bids for Aurora Cannabis.

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