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President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
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While certain U.S. sectors are facing headwinds from the new tariffs on Canadian goods, analysts have said the broad economic effects of the new 50% U.S. levies could be modest for the U.S. overall.
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Iran's rial currency hits new record low as US prepares to announce more sanctions AP NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesBessent to speak as Trump administration expected to unveil new Iran sanctions CBS NewsUS-Iran war latest: Iran's currency drops to record low against dollar as US set to unveil ‘economic D-Day' CNN
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Bessent's move "does not change anything. It just reduces the cash that Treasury has on deposit," one analyst says.
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Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
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Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates CNBCOpinion | Mark Carney Did What Canadians Elected Him to Do The New York TimesTrump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50% NBC NewsU.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more' CNBC
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California AG Rob Bonta was scheduled to meet with Paramount representatives on Monday, he said, but canceled the meeting.
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UK to help Ukraine build Storm Shadow long-range missiles: Why it matters Al JazeeraBritain's giving Ukraine access to secret missile technology. Will it make a difference? CNNBurnham's visit to Kyiv marks a renewal of badly needed support for Ukraine The GuardianUK missiles offer may help Ukraine - but they are not what Zelensky needs most BBCKremlin says British missile help for Ukraine 'adds fuel to the fire' Reuters
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Nvidia says Groq racks will be online this year following $20 billion purchase CNBCSpaceXAI Adopts NVIDIA Vera CPU to Accelerate Agentic AI at Massive Scale NVIDIA NewsroomAgentX - InferenceXv3: Does CUDA Moat Hold up in Agentic Inferencing? SemiAnalysisNvidia says Groq 3 LPX now in full-scale production (NVDA:NASDAQ) Seeking Alpha
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Washington Post Ordered to Rehire Fired Columnist Karen Attiah The New York TimesWashington Post ordered to reinstate Karen Attiah, opinion writer who was fired after posts about Charlie Kirk killing CBS NewsWashington Post ordered to reinstate opinion writer fired over Charlie Kirk posts The GuardianKaren Attiah Secures Landmark First Amendment Victory in Wrongful Termination Case Against The Washington Post Democracy Defenders Fund
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Iran War Updates: U.S. to unveil new sanctions Trump said would hit Iran with an "economic D-Day" CBS NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesU.S. to Unveil Broader Campaign to Cripple Iran's Economy The New York TimesIran's rial currency hits new record low as US prepares to announce more sanctions AP NewsBessent to unveil ‘economic D-Day' sanctions against Iran The Washington Post
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Here's how Scott Bessent revived the debasement trade.
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Home prices in America have changed dramatically over the last century — but the Midwest has remained a bastion of affordability through it all.
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After 100 days of the deadliest Ebola outbreak, it can be stopped. Here's how The GuardianCongo's Ebola outbreak records one of its highest weekly death tolls yet ABC News - Breaking News, Latest News and VideosOne photo shows the human and environmental dimensions of artisanal mining in Congo AP NewsOver 5200 cases recorded as Democratic Republic of
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Nearly 90,000 told to evacuate as wildfire approaches Reno, Nevada BBCGrand Sierra Resort, Nugget Casino Resort, J Resort, Silver Legacy, Eldorado, Circus Circus Reno are offering fire evacuees discounted rooms KOLO | 8 News NowHuman-caused wildfire near Reno, Nevada, prompts state of emergency as 90,000 urged to flee CNNUniversity Updates on the Hawk Fire University of Nevada, Reno
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Finally, a killer use case
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Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.
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Jeanty sprains ankle, recovery timeline still TBD NBC SportsRaiders star Ashton Jeanty suffers apparent leg injury during training camp practice, helped off field Fox NewsNFL Catchup: Jeanty Injured, Kittle Activated, Browns QB Drama & More FOX SportsWhy Raiders are built to withstand any Ashton Jeanty injury absence Yahoo Sports
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Nvidia's controversial financial plays could actually keep the company on top, according to this analysis.
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Raspberry Pi shares its official tutorial for making a cyberdeck The Verge
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Claiming the U.S. is entering an "endgame" in its war with Iran, the treasury secretary is set to release details of what he called the "single greatest financial offensive" against an adversary.
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Morgan Stanley recommends quality stocks with large market capitalizations, adopters of artificial intelligence and the S&P 500.
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"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.
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How the GOP is approaching data center backlash and why Trump is pivoting to North Korea: Morning Rundown NBC NewsTrump says rejecting data centers is "a mistake" AxiosTrump says 'OK' if Republicans oppose contentious data centers USA TodayTrump Defends AI Data Centers—Says Opposing Them Is A ‘Mistake' And ‘Smart Ones' Want Them Forbes
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There's a way to play more interest rate angst or an Nvidia inspired tech bounce says Evercore ISI
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These Conservatives Want to Be Working Moms. The Manosphere Disapproves. The New York Times
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Alibaba plunges after announcing $10.2 billion share placement to fund AI push CNBCAlibaba, YMTC Fundraising Hits China Tech Stocks on Supply Woes BloombergThis Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI Yahoo FinanceAlibaba to Raise $10.20 Billion for AI Investment With Share Placement WSJ
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New figure is just over a quarter of its peak after fast-fashion retailer's attempts to list in New York and London derailed by opposition
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"It's a big setback," one analyst said, noting that other countries unhappy with the president's trade deals are probably watching closely.
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A new rat study found chronic xanthan gum intake triggered colon inflammation and barrier changes, but researchers say human evidence must come next.
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Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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