Canada Weighs Tariffs, Energy Restrictions In Trade Fight With Trump
Prime Minister Mark Carney is expected to impose matching tariffs on U.S. goods, potentially targeting steel, dairy, appliances, agricultural equipment, paper and electronics
Power & Capital Desk
Why Meta Agreed To A $17 Billion Settlement With States
The original 2023 lawsuit alleged that Meta deliberately encouraged children to remain engaged with its platforms while downplaying potential risks.
Trump Raises Threat Of 50% Tariffs On Canadian Autos
He accused Canada of taking advantage of the United States and said its tariff policies have harmed American farmers.
California Attorney General Halts Paramount-WBD Merger Talks
The meeting was intended to explore a possible settlement in California’s lawsuit seeking to stop the merger
What Is Trump’s New Financial Offensive Against Iran
Treasury Secretary Scott Bessent said the new campaign would target Iran’s economic lifelines and countries or entities helping Tehran move petroleum and finances.
US-Canada Trade Fight Deepens As Tariffs Hit Key Consumer Goods
Businesses now face the choice of absorbing higher costs, finding alternative suppliers or limiting imports
US Escalates Cuba Pressure With New Sanctions And Border Detentions
The measures also restrict companies involved in importing industrial equipment and automotive parts.
Bessent: Treasury Buyback Could Exceed Announced $4 Billion
Bessent said the department intends to “make a market” in longer-term securities, where yields have recently climbed sharply.
Crypto Markets Rally As Trump Presses Congress On Regulation
Trump also signaled possible regulatory attention toward Hyperliquid, a decentralized trading platform
U.S. Treasury Moves To Steady Long-Term Bond Market
Treasury Secretary Scott Bessent will oversee the expanded program, which will focus on debt maturing in 10 to 20 years and 20 to 30 years.
Why Did Trump Pause 50% Tariffs On Canadian Goods
Trump announced Tuesday that the tariffs, initially scheduled to begin Wednesday, would instead be delayed until August 21
Disney Seeks Court Order To Halt FCC Action Against ABC
The lawsuit argues that FCC Chairman Brendan Carr’s actions violate Disney’s First Amendment rights.
Trump-Backed Crypto Firm Partners With Venture Offering Chinese AI Models
WorldClaw offers access to about 90 AI models, nearly half of which were developed by Chinese firms including Alibaba, Baidu and Z.ai.
US Awards Raytheon $22.9 Billion Contract To Boost Tomahawk Production
The deal is part of a broader effort by the Trump administration to strengthen the defense supply chain.
FDA Proposal Tightens Rules For ‘Generally Recognized As Safe’ Ingredients
A study released in March found that at least 111 substances of uncertain safety had entered food, drinks and supplements without FDA notification.
US Sanctions Cuban Military Officials, Firms Tied To Weapons Procurement
Secretary of State Marco Rubio announced the designations under an executive order President Donald Trump signed in May