United States

The United States imposed 50% tariffs on $20 billion worth of Canadian products, prompting Canada to announce immediate retaliation. This trade escalation followed the failure of last-ditch negotiations regarding concessions on items such as steel, aluminum, autos, and lumber. The dispute calls into question the future of a North American trade pact involving the United States, Canada, and Mexico.

The bond market heavily influences rates for mortgages and consumer loans, and recent rising yields caused the U.S. Treasury Department to intervene. The global bond market is facing increased competition from higher-yielding bonds in countries such as Japan, the U.K., and Germany, making US Treasurys compete with other sovereign bonds.

The Trump economy faces challenges related to $40tn debt, 6.7% mortgages, and $5 diesel costs. Furthermore, the president’s agenda is under strain due to the Iran war, which pushes up prices and causes America's finances to worsen.

The article features Gillian Tett discussing the current president’s attempt to reform the 10-year census in Trump's America. The discussion highlights the explosive politics surrounding who will be included in the count and determining who gets to decide those inclusions.

Washington and Beijing are outpacing Brussels in efforts to secure critical components necessary for both defense and green technologies. The US and China are therefore ahead of the EU in this global competition.

The United States was set to impose 50% tariffs on $20 billion worth of Canadian products after failed negotiations over trade. U.S. Trade Representative Jamieson Greer stated that Canada declined to finalize the deal despite a comprehensive offer, while Canadian Prime Minister Mark Carney deemed the proposed U.S. terms unfair and uneconomic.

The United States was set to impose 50% tariffs on $20 billion in Canadian products after trade negotiations failed due to new demands from Canada. These proposed import taxes account for roughly 5% of all goods shipped from Canada to the U.S. annually. Despite historical disputes over softwood lumber and dairy markets, the two nations remain allies with deep economic ties.

Prime Minister Mark Carney announced that Canada plans to match new US tariffs dollar for dollar. The statement regarding this trade action was made in Washington.

The United States plans to impose 50% tariffs on $20 billion worth of Canadian products. This action is set to take effect after last-ditch negotiations failed, intensifying already tense relations between the two allied nations.

The United States was set to impose 50% tariffs on $20 billion worth of Canadian products after trade negotiations failed. U.S. Trade Representative Jamieson Greer stated that Canada's new demands and walkbacks upended the balance reached earlier this week. The dispute, which involves goods ranging from hockey sticks to tongue depressors, is marked by deep historical tension despite both nations being allies.

The United States is set to impose 50% tariffs on $20 billion worth of Canadian imports. This action occurs after historic allies failed to reach a last-ditch deal regarding trade.

The U.S. military has depleted its stockpile of advanced weapons due to months of war with Iran. This diminished arsenal limits defense options and the ability to protect allies, raising concerns about potential exploitation by adversaries. Compass Points moderator Nick Schifrin will discuss these limitations for readiness with Bill LaPlante, Randy Schriver, and Celeste Wallander.

Gold surged toward a three-month high, driven by U.S. debt fears and dollar weakness. On Friday, spot gold rose 1.6% to $4,591 an ounce, putting the commodity on track for its third consecutive weekly gain.

Gold is currently rebounding as investors weigh several economic factors. These concerns include U.S. debt, a weaker dollar, and stubbornly high Treasury yields, all of which are reviving bullion demand.

America faces an affordability crisis, requiring companies to deliver higher value products at lower prices rather than just offering cheaper goods. The article analyzes two cost-saving models—'Costcofication,' which is limited by bulk sales and membership requirements, and 'Walmartfication,' which risks damaging brand reputation through decreased quality.

US stock futures rose in early trading Friday, leading the Nasdaq 100 on track to end a five-day losing streak. This market movement is supported by steady yields and a soaring Bitcoin.

Measles outbreaks threaten the United States, with MMR coverage falling to 92.4% among kindergarteners and exemptions rising significantly. Measles poses serious risks like pneumonia and immune amnesia, while two doses of the MMR vaccine provide approximately 97% protection against it. Furthermore, large population studies have repeatedly found no increased risk of autism associated with MMR vaccination.

Max Kettner of HSBC predicts that US growth momentum is starting to slow down. He suggests that a sustained streak of negative economic surprises could restore buying interest, or a bid for duration, in US Treasuries.

According to Cuba, United States sanctions are impeding its efforts to open the economy to private investment. The US has reportedly demanded that Cuba open up to private investment, prompting Cuba to pass sweeping reforms designed to encourage this investment.

A new CBRE report indicates that New York has surpassed San Francisco to become the leading market for tech talent. Furthermore, AI-related roles now constitute nearly one-third of all technology job listings across the United States.

Cuba claims that ongoing U.S. sanctions are obstructing its efforts to open up the economy to private investment, despite passing sweeping domestic reforms. Cuban officials argued that successive penalties and an oil blockade have exacerbated blackouts and shortages of medicine and food, causing some companies like Meliá to pull out. Experts added that they suggested the current US policy goal is not only economic opening but also overhauling the political system.

Cuba asserts that U.S. sanctions are obstructing its efforts to open the economy to private investment. The UN ambassador questioned why Washington continues imposing penalties, noting these measures have worsened blackouts and deepened shortages in the island nation. Experts stated that these persistent U.S. actions prevent foreign investment and aim toward changing the nature of the Cuban political system.

Cuba's U.N. ambassador argued that U.S. sanctions are stymying its efforts to open the economy through reforms. The U.S. continues imposing penalties, such as targeting state-owned industries and maintaining an oil blockade on Cuba. These measures have reportedly worsened blackouts, cut off workers from public transport, and deepened shortages of medicine and food.

Waymo, an alphabet-owned company, is increasing its spending on lobbying as part of a robotaxi battle with Uber. The company aims to persuade US regulators to clear a path for fully autonomous taxi services.

The replenishment of US munitions stockpiles cannot be achieved through a shortcut, suggesting the process involves sustained and deliberate effort.

Iranian families are struggling to afford basic necessities due to US actions ramping up economic warfare. Although Tehran's grocery stores appear well-stocked, many Iranian families reportedly can barely afford basics.

Iranian families face severe economic hardships due to soaring unemployment and intense pressure from US sanctions and a naval blockade that has curtailed oil exports. While facing rising costs for basic necessities, Iran is leveraging retaliatory actions in the region, such as disrupting shipping in the Strait of Hormuz. Experts suggest the country possesses mechanisms like informal trade networks to partially circumvent Western sanctions.

Iranian families are struggling to afford basic necessities due to soaring unemployment and increased costs for staples like rice and beef, pressures exacerbated by US sanctions and a naval blockade affecting oil exports. Iran is using retaliatory pressure, such as disrupting shipping in the Strait of Hormuz, while developing strategies—including using shadow fleets and third countries—to circumvent Western economic controls. Experts note that this strain allows Iran to maintain its resistance capacity.

Iranian families are struggling with basic necessities due to soaring unemployment and inflation caused by international sanctions and a naval blockade. The country’s economy is under immense pressure, prompting Iran to increase regional tensions and attack shipping in the Strait of Hormuz. Meanwhile, Western powers are threatening tougher sanctions, though some experts believe Iran has developed resilience in circumventing these restrictions.

The article warns that Washington is causing a debt crisis, referencing a historical quote that suggests democracy collapses over loose fiscal policy into dictatorship. It reports that the federal debt is approaching $40 trillion, with the ratio relative to the economy currently standing at about 125% of GDP.

Ukraine developed the homegrown glide bomb, called the Equalizer or Vyrivniuvach, which can transform conventional bombs into precision weapons for striking Russian forces from safer distances. Developed by DG Industry with support from Brave1, the weapon allows Ukrainian warplanes to attack targets far behind enemy lines while reducing reliance on U.S. and European supplied munitions. Although most of the components are local, the bomb’s chips and microcircuits still originate from abroad.

Verizon has a large presence across many communities throughout the United States, with its logo visible on numerous trucks and buildings. The article specifically mentions one building owned by the world's second-largest telecommunications company within the region that it does not want to bring too much of.

According to Goldman Sachs Group Inc., cooling inflation is identified as the most compelling way to lower US bond yields. This finding suggests that remaining inflation-slowing trends are preferable for reducing borrowing costs compared to other efforts by the US Treasury.

Marloo is a startup created to assist financial advisors by reducing administrative workload. The company previously operated platforms like Sharesies and Lightyear, which manage over £7 billion in assets. Since its inception 15 months ago, Marloo has reported an average monthly revenue growth of 37% and successfully onboarded over 900 paying advisory firms across eight countries.

Access to capital is emerging as an acute pain point for the AI sector, leading hyperscalers and specialized ventures to flood credit markets with debt for infrastructure like data centers and chips. Concurrently, governments, led by the US, are issuing record volumes of sovereign debt due to rising budget deficits. As a result, traders are increasing corporate bond holdings ahead of potential mega-IPOs from OpenAI and Anthropic.

DayOne Data Centers is seeking a loan of HK$1.86 billion ($237 million) to fund its data center in Hong Kong. This reported borrowing comes as the company prepares for a planned initial public offering in the US.

The U.S. and South Korean militaries have decided to wrap up their annual drills six days earlier than originally planned. This early conclusion was reportedly enacted as a conciliatory gesture toward North Korea.

The U.S. has deported more than 160 people to Haiti, marking the first time this occurred since the Temporary Protected Status program was adjusted. This change followed a legal battle won by the Trump administration regarding some 350,000 Haitians.

Vice President Vance announced that Treasury Secretary Scott Bessent has formulated a "very discreet plan" to reduce the nation’s debt. This plan, which is supported by the president of the United States, aims to get the US economy growing faster than its current rate.

The United States carried out its first deportation under an agreement for Liberia to accept up to 1,200 non-Liberians. The deportees, which include African and North American nationals, arrived at Roberts International Airport outside Monrovia. This effort is part of the Trump administration's immigration policies aimed at ending illegal and mass immigration.