Ontario, Canada agrees to suspend 25% electricity surchange on the US

Trump Trade Adviser Announces Reversal of 50% Tariffs on Canadian Steel and Aluminum Peter Navarro, an advisor to President Donald Trump, informed CNBC that Trump had reversed his decision to double the planned tariffs on Canadian steel and aluminum to 50%. The new 25% tariffs on all imported steel and

Trump says he will label violence against Tesla, TSLA, dealerships as domestic terrorism

Trump Threatens Domestic Terrorism Labels for Violence Against Tesla Dealerships President Donald Trump announced plans to label violence against Tesla dealerships as domestic terrorism, as part of a growing alliance with Elon Musk, according to a transcript shared by White House pool reporters. Protests, referred to as "Tesla Takeovers,

Ukraine has agreed to an immediate, interim 30-day ceasefire, but Russia must agree first

Ukraine Agrees to U.S.-Backed 30-Day Ceasefire Proposal, Pending Russian Approval Kyiv has agreed to a U.S.-proposed 30-day ceasefire with Russia following talks in Saudi Arabia, with Washington pledging to immediately restore intelligence sharing and military aid to Ukraine. Ceasefire Agreement Reached in Jeddah Talks In a

Millennials too poor for midlife crisis

Living paycheck to paycheck affects all income levels, including half of high earners (those making $100,000 or more annually) as of January 2025. Across all income brackets, individuals report a similar ability to pay their monthly bills without significant difficulty, yet still rely on their next paycheck to stay

Trump says will be declaring a national emergency on energy

U.S. President Donald Trump has launched some of his strongest attacks yet against Canada, vowing to inflict severe economic consequences after Ontario imposed a surcharge on electricity exports to the U.S. in retaliation for his latest tariffs. Trump’s Threats & Annexation Taunts In a series of social

Ontario, Canada Premier has said: I will not hesitate to cut off power supplies to US

Ontario Premier Stands Firm on Electricity Surcharge, Warns of Potential Power Cutoff Ontario Premier Doug Ford doubled down on his 25% electricity surcharge on U.S.-bound exports Tuesday, vowing not to back down until U.S. President Donald Trump lifts his tariffs on Canadian imports. Ford: "We Will

Trump has said he "substantially” increase tariffs on cars coming into the United States from Canada starting on April 2

Trump Escalates Attacks on Canada, Threatens Economic Retaliation U.S. President Donald Trump has launched some of his strongest attacks yet against Canada, vowing to inflict severe economic consequences after Ontario imposed a surcharge on electricity exports to the U.S. in retaliation for his latest tariffs. Trump’s Threats

Canadians who are in the US for 30 days or longer will soon have to register their information with the US government

The Trump administration is preparing a new travel regulation that could require Canadians staying in the U.S. for more than 30 days to register their information with the U.S. government and undergo fingerprinting. Expanded Registration and Fingerprinting Requirements Set to take effect April 11, the rule expands registration

Canada files to sell USD bonds

In Budget 2024, the Government of Canada reaffirmed its commitment to maintaining liquid foreign reserves at or above 3% of nominal GDP. To support this goal, Canada will launch a U.S.-dollar-denominated global bond on March 11, subject to market conditions. Issuing a global bond allows Canada to supplement

Trump says will be declaring a national emergency on energy

President Donald Trump announced today his intention to declare a "National Emergency on Electricity" in response to Ontario’s newly imposed 25% surcharge on electricity exports and its threat to cut off supply to the U.S. entirely. The emergency declaration, Trump said in a social media post,

Trump announced he will increase tariffs on imports of Canadian steel and aluminum to 50% from the 25%

President Donald Trump announced Tuesday that he will double tariffs on Canadian steel and aluminum from 25% to 50%, escalating trade tensions with the United States’ northern neighbor. Despite ongoing stock market turmoil and growing recession fears, Trump remains unwavering in his approach. On social media, Trump said the tariff

Hedge funds unwound positions in single stocks on Friday at the largest amount in over two years, with some activity comparable to March 2020

Hedge funds unloaded single-stock positions on Friday at the highest rate in over two years, with some activity resembling the dramatic market pullback of March 2020, when portfolio managers slashed exposure during the early days of the pandemic, Goldman Sachs said in a note on Monday. U.S. stock markets

White House has said: Stock market plunge is not as ‘meaningful’ as business activity

The White House on Monday downplayed the ongoing stock market sell-off, arguing that recent actions by business leaders indicate a more positive outlook for the U.S. economy. “We’re seeing a strong divergence between the stock market’s ‘animal spirits’ and what businesses and business leaders are actually doing,

60% of Americans who make under $50,000 say their financial situation is bad

Living paycheck to paycheck affects all income levels, including half of high earners (those making $100,000 or more annually) as of January 2025. Across all income brackets, individuals report a similar ability to pay their monthly bills without significant difficulty, yet still rely on their next paycheck to stay

Ontario, Canada is charging 25% more for electricity to 1.5 million Americans

Ontario’s premier, leader of Canada’s most populous province, announced that starting Monday, the province will impose a 25% surcharge on electricity exports to 1.5 million Americans in response to U.S. President Donald Trump’s trade war. Ontario supplies electricity to Minnesota, New York, and Michigan. "

Walmart, WMT, CEO has said customers are feeling signs of financial stress

For the past two years, high interest rates and persistent inflation have weighed on U.S. consumer spending. Now, President Donald Trump's new tariffs on Chinese goods—along with potential tariffs on imports from India, Mexico, and Canada—have added further uncertainty to the economic outlook. "We&

Ukrainian President Volodymyr Zelenskyy has sent an apology letter to US President Donald Trump

Just days after their heated Oval Office confrontation, Ukrainian President Volodymyr Zelensky apologized to President Trump, U.S. special envoy Steve Witkoff said Monday. “Zelensky sent a letter to the president. He apologized for that whole incident that happened in the Oval Office,” Witkoff, 67, told Fox News’ America’s

Treasury Secretary Bessent on the stock market: "Look, the market was up 20 percent last year, 20 percent the year before"

Treasury Secretary Scott Bessent warned on Friday that the U.S. economy has grown overly dependent on excessive government spending, cautioning that a period of adjustment lies ahead. “The market and the economy have become hooked, become addicted, to excessive government spending, and there’s going to be a detox

Trump has said the US economy faces “a period of transition"

President Donald Trump stopped short of ruling out a full-blown recession for the U.S. economy this year, telling Maria Bartiromo in an exclusive Sunday Morning Futures interview that the country is undergoing a "period of transition" as his policies take effect. "I hate to predict things

US Treasury Secretary Bessent has said: There's going to be a de-tox period for the economy

Treasury Secretary Scott Bessent warned on Friday that the U.S. economy has grown overly dependent on excessive government spending, cautioning that a period of adjustment lies ahead. “The market and the economy have become hooked, become addicted, to excessive government spending, and there’s going to be a detox

Congresswomen Anna Paulina Luna and Alexandria Ocasio-Cortez are teaming up to propose a 10% cap on credit card interest rates

On Friday, Reps. Alexandra Ocasio-Cortez (D-NY) and Rep. Anna Paulina Luna (R-FL) introduced legislation that would cap credit card interest rates at 10%.  The bill notes that “any fees that are not considered finance charges … may not be used to evade the limitations … and the total sum of such fees

ELON MUSK: "The reason I am putting so much effort into this is that I think it is a very dire situation"

U.S. President Donald Trump is set to highlight his aggressive cuts to the federal bureaucracy during his address to a joint session of Congress on Tuesday night, offering praise for tech billionaire Elon Musk’s Department of Government Efficiency (DOGE). Trump has granted Musk and his DOGE team sweeping

China has imposed an additional 100% tariff on Canadian rapeseed oil, rapeseed meal, and peas

China announced new tariffs on Canadian agricultural and food products on Saturday, retaliating against levies imposed by Ottawa in October on Chinese-made electric vehicles, as well as steel and aluminum products. The tariffs, set to take effect on March 20, introduce another flashpoint in a trade dispute that has escalated

Trump has said: From this day on America will follow the rule that every Bitcoin knows very well, never sell your Bitcoin

U.S. President Donald Trump courted the cryptocurrency industry’s top figures at the White House on Friday, hosting a groundbreaking summit centered on his vision for a government-owned reserve of digital assets. Trump welcomed a diverse group of industry leaders, including Zach Witkoff, a co-founder of the president’s

Trump has reportedly told Canada’s Trudeau that "he did not believe that the treaty that demarcates the border between the two countries was valid and that he wants to revise the boundary"

President Donald Trump reportedly told Canadian Prime Minister Justin Trudeau during a call last month that he wanted to “revise” the border between their two countries. According to The New York Times, Trudeau came away from the conversation believing that Trump’s ultimate goal was to “annex” Canada—an idea