Trump's ⁠new tariffs hit ⁠a slew of sectors, including wine, furniture, dairy products, cement, clothing, fishing rods and ​hockey equipment, and cover some $20 billion of Canadian exports to the U.S.

Canadian Prime Minister Mark Carney suspended trade negotiations with the U.S. and announced retaliatory tariffs after calling Trump's last-minute proposed terms unfair.

The deal’s demise means 50 percent tariffs on $20 billion worth of Canadian goods now go into effect, hitting products ranging from alcohol to hockey skates.

Trade talks had been taking place since July, after Trump threatened to impose a 50 percent levy on nearly $20 billion of Canadian imports by 19 August. The president paused the t

Iran's foreign minister dismissed the threat ⁠of ⁠new U.S. sanctions as a sign of desperation ⁠on Sunday and said the expected new measures would fail to defeat Tehran. U.S. Treasury Secretary Scott Bessent,

Yields on American 30-year Treasuries rose, despite an attempt this week by Scott Bessent, the treasury secretary, to tame America’s bond market. They briefly declined on Wednesday, after Mr Bessent announced larger debt buybacks in future.

Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.

U.S. Treasury Secretary Scott Bessent will hold a press conference at 2 p.m. EDT (1800 GMT) on ⁠Monday amid promises to ⁠reveal "the toughest sanctions in history" on Iran while also urging China to cooperate with Washington.

The downfall of a property empire that left behind $300 billion in debt has ended in a life sentence. Founder Hui Ka Yan has been sentenced to life in prison for financial crimes linked to the collapse of his Evergrande real estate group.

Chinese authorities have moved to finish cleaning up the mess left by the collapse of the Evergrande real estate empire as a court in southern China's Guangzhou accepted a bankruptcy liquidation

Millions of unfinished homes show why the housing bust is still weighing on Chinese consumers—and the global companies counting on them.

The downfall of a company once touted as a symbol of China's growth raises questions about the sustainability of the world's second-largest economy.

Social Security's 2027 COLA is getting a significant Trump bump. To preface this discussion, inflation is perfectly normal for an expanding economy. Since the Consumer Price Index

Social Security’s 2027 cost-of-living adjustment is still months from being set. July CPI-W data show why inflation tied in part to Trump-era economic policy is

Experts recently lowered their 2027 Social Security COLA forecasts. These reduced projections reflect lower-than-expected inflation. Lower inflation now is better for retirees than a larger Social Security check next year.

A Social Security modeling proposal using a chained CPI could slightly reduce annual COLA increases, with the effects growing for beneficiaries who collect bene

U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment.

With a base case aim of $80,000 and "risks skewed to much higher," a Galaxy trading analyst said that the market shifted from a "sell rips" to a "buy dips" regime.

Bitcoin is trading near $78,000 on August 21 after one of the most violent rallies of the year: up roughly 18% in 48 hours and 24% on the week.

Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington

The Society of Professional Engineering Employees in Aerospace voted to allow the union’s negotiation team to authorize a strike.

The union members also authorized a potential strike if a new agreement is not reached by October.

Members of one of Boeing’s biggest unions have rejected a contract offer from the company and have authorized a strike if further talks fail.

Boeing engineers and technical workers represented by the SPEEA union announced they have rejected the planemaker's contract offer, with a potential strike coming in October.