Category: Uncategorized
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Republicans split on Canada as Trump’s trade war escalates: polls
A third poll, conducted by Abacus Data, explored “the political consequences of the trade war in the five states most likely to determine Senate control” following the upcoming U.S. midterm elections — Iowa, Michigan, Ohio, Maine and South Carolina, where 500 people were polled, respectively.
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The war is raising the price of money. That’s a problem for the global economy
Yellow lights are flashing in the most important market on the planet: The US bond market. The turmoil is being driven by a confluence of separate but related forces. The US war with Iran is heating up again, driving up US defense spending and the cost of oil, gasoline, diesel and jet fuel. That energy…
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Dow climbs as oil, inflation concerns keep Wall Street on edge
2:35pm: Market movers Palo Alto Networks Inc (NYSE:PANW, XETRA:5AP) shares fell 10% despite the cybersecurity company beating expectations on key fourth-quarter metrics and providing fiscal 2027 guidance above Street estimates, with next-generation security ARR rising 63% year over year to $9.1 billion. Dell Technologies Inc (NASDAQ:DELL) shares jumped more than 10% after the company reported…
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Stocks drift on Wall Street amid jobs market updates, renewed fighting in US war with Iran
By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers Stocks rose on Wall Street Wednesday as relatively steady oil prices and bond yields relieve some pressure. The S&P 500 index rose 0.4%. The Dow Jones Industrial Average rose 203 points, or 0.4%, as of 1:28 p.m. Eastern time. The Nasdaq composite rose 0.3%. The…
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Americans really hate ‘Lake America,’ Trump’s trade war and more: New poll
President Donald Trump’s latest decisions on Canada are not resonating with Americans, a new poll showed. The latest Reuters/Ipsos poll, released Tuesday, showed that most Americans disapproved of Trump’s new tariffs with Canada and his decision to rename Lake Ontario to “Lake America.” Trade negotiations with Canada fell apart last week, leading Trump to impose…
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US stocks today: S&P 500, Dow eye gains as Iran tensions, bond yields and AI trade drive markets
The S&P 500 and Dow Jones were expected to open with modest gains as investors balanced rising tensions between the US and Iran against continued strength in the artificial intelligence trade. US stocks eye gains as Iran tensions, bond yields and AI trade shape Wall Street. (Photo by Michael M. Santiago / GETTY IMAGES NORTH…
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Federal Reserve watchdog calls for stronger measures on confidential information sharing
The Federal Reserve’s internal watchdog is pushing the central bank to shore up how it handles confidential supervisory information, warning that current safeguards aren’t robust enough to prevent sensitive data from reaching the wrong people. The target of concern: the 12 regional reserve bank boards, which are populated by private-sector bankers and business leaders who,…
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After latest trade war, tariffs reemerge as major campaign issue in Minnesota's key races
The latest trade war between the U.S. and Canada has brought tariff policy back to the forefront of the 2026 midterm elections, particularly in border states such as Minnesota, where the issue has become a potent line of attack for Democrats in the gubernatorial race. On Monday, the Minnesota DFL organized a press conference with…
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Canadian PM tells Trump to 'stop trying to be tough' in trade fight
Canadian Prime Minister Mark Carney said Monday that Americans need to “stop trying to be tough” during the countries’ contentious trade negotiations. Speaking to reporters in Ottawa about U.S.-Canadian trade negotiations over automobile tariffs, Carney said, “When the Americans stop doing memes, stop throwing shade, stop trying to be tough and start being serious about…
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S&P 500, Dow post slim gains at open as Iran tensions clash with AI optimism
Sept 2 (Reuters) – The benchmark S&P 500 and the blue-chip Dow indexes opened marginally higher on Wednesday, as investors weighed renewed U.S.-Iran clashes against signs of strength in the AI trade. The Dow Jones Industrial Average rose 62.7 points, or 0.12%, at the open to 52,829.58. The S&P 500 rose 3.1 points, or 0.04%,…