Category: Uncategorized
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Trump's Trade War With Canada Is Costly, Absurd, and Unfunny
As the Trump administration escalated its trade war with Canada last week, the White House’s official Twitter account shared a photo of a bald eagle tackling a Canadian goose. The intended message was not exactly a subtle one. But the post did illustrate how the administration views America’s economic relationship with Canada, and how President…
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Economists expect August job rebound to let the Fed zero in on inflation
After the US economy shed 23,000 jobs in July, a surprise that rattled markets, economists are forecasting a modest rebound in August with roughly 55,000 nonfarm payroll additions. The turnaround, if it materializes, would give the Federal Reserve something it badly wants: permission to stop worrying about employment and get back to its real obsession,…
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Tesla Jumps 4% as Oil Climbs to $86: Is the Gas-Price Trade Back?
Crude oil surged on fresh Middle East tensions and Tesla shot up 4% while the broader market fell, but the last time this exact trade appeared, it collapsed before most traders could act on it. A weekend flare-up between the United States and Iran has pushed crude oil sharply higher, and the old gasoline-price trade…
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Mutual funds’ overseas assets jump 24% to $10.2 billion in FY2026
The increase was led by investments in the US, which accounted for 63.5 percent of mutual funds’ overseas equity holdings. <!– –> Foreign direct investment in AMCs rose 31.1 percent to Rs 56,201 crore in March 2026 from Rs 42,874 crore a year earlier. Indian MFs’ overseas assets rose 24% to $10.2B by March 2026.…
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2 Dow Jones Stocks Down Over 20% I'd Buy on the Dip
The Dow Jones Industrial Average tracks 30 industry leaders, making it a useful benchmark for identifying solid investments. Two Dow members I’ve been watching are Home Depot (HD -0.45%) and McDonald’s (MCD +0.17%). These stocks are trading more than 20% off their highs, sending their dividend yields up. Here’s what I like about each company’s…
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Warren Buffett claimed he could end America’s deficit crisis ‘in five minutes’ — but would his solution actually work?
The India Today Group/ Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. America’s deficit crisis continues to be in the headlines, but the country’s most famous investor offered a solution to the problem nearly 15 years ago. In 2011, Warren Buffett told CNBC’s Becky Quick…
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Federal Reserve chief faces pivotal moment in Jackson Hole
Federal Reserve Chair Kevin Warsh is under the microscope as he heads to Jackson Hole for the Wyoming town’s signature economic symposium Friday, where eagle-eyed investors will be searching for any clue about the central bank’s plans for grappling with sticky inflation and an increasingly jittery bond market. Warsh, who has opted for a less-is-more…
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Trump trade war with Canada is war on U.S. businesses
Having dynamited trade talks with Canada — in part due to the intervention of Commerce Secretary Howard Lutnick — Donald Trump has now imposed 50% tariffs on certain Canadian goods, with Canada immediately retaliating. This will be good for no one, especially the auto industry that straddles both countries. We’re certainly not the first to…
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Trump-Endorsed Michigan Gov Candidate Blasts US-Canada Trade Dispute: ‘Stop Acting Like Children’
Republican Michigan gubernatorial candidate Rep. John James (R-MI) urged both sides of the U.S.-Canada trade war to return to the negotiating table, saying they need to “stop acting like children.” James, who won President Donald Trump’s endorsement for the contest against Democrat Jocelyn Benson, spoke out against the ongoing trade dispute he appeared on Face…
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Scott Bessent Roasts Canada in Latest Tariff War Salvo: What Are They Gonna Do? Sic ‘Their Two Submarines’ on Us?
Treasury Secretary Scott Bessent roasted Canada’s reciprocal tariffs against the United States when asked if he would be meeting with his Canadian counterpart at the G20 financial summit in Asheville, NC. Bessent sat down with CNBC’s Sara Eisen for a preview of the financial talks taking place this week. “I guess, markets wondering if we’re…