US-Canada Trade Talks Collapse as 50% Tariffs Take Hold
A Washington summit ended in breakdown Friday, triggering 50% US tariffs on $20B in Canadian goods and a September retaliation pledge from Ottawa.
A Washington summit ended in breakdown Friday, triggering 50% US tariffs on $20B in Canadian goods and a September retaliation pledge from Ottawa.
A high-stakes trade confrontation with Canada and a major Tesla recall are driving market anxiety as analysts warn of an economic inflection point.
July Fed meeting minutes reveal policymakers were prepared to raise interest rates further if inflation failed to cool sufficiently.
The national debt is closing in on $40 trillion, and the financial strain could ripple across student borrowers, homebuyers, and retirees.
Fitch affirmed the US at AA+ but cut its growth forecast and flagged rising entitlement costs and shutdown risks as long-term fiscal threats.
Consumer prices climbed modestly in July, matching forecasts and keeping the annual inflation rate steady at 3.4%.
Fed's Paulson says he's comfortable holding rates steady but remains open to shifting if economic conditions change.
Second-quarter GDP fell short of forecasts while core inflation remained sticky at 3.3%, signaling a cautious economic outlook.
Despite Trump's vow of an agricultural boom, Iowa farmers say tariffs and Middle East conflict are squeezing their bottom lines.
The Federal Reserve kept its benchmark rate unchanged, but a rare three-dissenter vote signals growing internal pressure to resume hiking.
The Federal Reserve kept interest rates unchanged this week, meeting market expectations. Here are the five biggest insights from the decision.
New Fed Chair Kevin Warsh must navigate energy shocks, AI inflation, and Trump pressure as he decides whether to hold rates steady.
The Federal Reserve is set to leave its benchmark rate unchanged this July, with direct consequences for everyday borrowers and savers.
President Trump publicly backed Kevin Warsh as Fed chair while suggesting the board could resist rate-cut pressure.
The traditional corporate ladder is crumbling. Workers and investors must rethink what stability actually means in today's economy.
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