Prime Minister Mark Carney said Monday that U.S. trade demands confirmed Canada’s fears that U.S. President Donald Trump was seeking to dismantle its auto industry, as Trump threatened new 50% tariffs on Canadian vehicles,

President Trump said he's doubling tariffs on automobiles and auto parts from Canada to 50%, further escalating a trade war with the neighbor.

President Donald Trump threatened to raise automobile tariffs on Canada to 50% as the trade rift and political slanging match between the neighboring nations escalated.

U.S. tariffs on all cars and trucks, ​automotive parts and steel will ‌be increased to 50% starting January 1, 2027, President Donald Trump said in ​a social post on Monday after ​trade talks with Canada collapsed.

Economists criticise Fed chair’s communication strategy as policymakers prepare to gather at Jackson Hole symposium

Treasury yields fell Monday as investors await Federal Reserve Chair Kevin Warsh's keynote speech at Jackson Hole later this week.

The central bank chief faces a key test this week when delivering remarks at the annual Jackson Hole conference.

It’s late August, but this week will be a big one for markets. Headline events include Nvidia earnings after the bell Wednesday and Kevin Warsh’s first major policy speech as Federal Reserve chairman on Friday.

Plus, Canada’s Mark Carney puts his trade doctrine to the test, and a billionaire’s seafood shack sparks a fight with Montauk locals.

The chipmaker is scheduled to announce it's latest results on August 26 and expectations from Wall Street are already high.

During this earnings season, investors have learned that big tech is not slowing down its infrastructure spending. While a large fraction of hyperscalers' capital expenditures are still being allocated to GPU procurement,

Investors are growing more cautious about whether Nvidia can maintain its rapid growth as the AI market evolves. Major cloud providers are now building their own AI chips, while questions mount over whether massive AI infrastructure spending will ultimately pay off.

Treasury Secretary Scott Bessent called the campaign “the single greatest financial offensive ever marshalled against an adversary.” Follow for live updates.

The US has said it will unveil new economic sanctions against Iran in “the greatest financial offensive ever marshalled,” as Iran has vowed to halt all oil exports from the Gulf. In an opinion piece published in the Financial Times,

Treasury Secretary Scott Bessent said on Sunday the United States is “entering the endgame” in the monthslong conflict with Iran as an “economic D-Day” is set to begin on Monday. In an opinion piece in the Financial Times,

Iran’s currency has hit a record low as Washington prepares to announce new sanctions it said would be an “economic D-Day.”

Key Takeaways Marvell is due to report earnings Thursday afternoon, with options pricing suggesting traders see the stock swinging up to 10% by the end of the week. Sales and profits are expected to have grown in the quarter on strong demand for AI-related hardware.

Semiconductors are a pressure point in tech today. Notably, the iShares Semiconductor ETF (NASDAQ:SOXX) is down 3% to $505.27 while the NASDAQ 100 tracking Invesco QQQ Trust (NASDAQ:QQQ) is down 0.7% to $708.

Marvell Technology's landmark Google deal could potentially triple revenues to $31 billion. Read why I remain on the sidelines of MRVL stock.

Broadcom and Marvell both reported blowout AI numbers, but they are playing completely different games inside the same semiconductor supercycle, and choosing between them means deciding which kind of risk you actually want.

Social Security beneficiaries will likely receive a smaller 2027 cost-of-living adjustment (COLA) than previous estimates suggested. The Senior Citizens League (TSCL), a nonpartisan senior group, recently updated its COLA forecast with new July data,

New 2027 Social Security COLA estimate released after fresh inflation data. Could beneficiaries get a bigger raise than they got this year?

A lower cost-of-living adjustment (COLA) means a smaller increase in benefits. COLAs are based on July, August, and September inflation rates. Designed to help seniors keep pace with inflation, COLAs sometimes miss the mark.

Initial estimates are calling for a larger Social Security COLA in 2027. Here's why even a sizable raise next year may not help seniors the way it's meant to.