Prime Minister Mark Carney’s government sees little chance of resuming talks with President Donald Trump before the midterm elections after trade talks collapsed, according to people familiar with the matter.

Canadian Prime minister Mark Carney has said the country is now at "war" with the United States after the latter imposed fifty per cent tariffs on a range of Canadian goods - affecting around twenty-billion dollars worth of exports.

Trade talks between Canada and the United States broke down late Friday night, prompting President Trump to impose hefty new tariffs on Canada starting this weekend. Canada, however, plans to retaliate with tariffs of their own.

Canada responds to new U.S. tariffs with levies of its own as the two sides trade blame for collapse of talks.

Oil prices slipped 1% ​on Monday as investors ‌took profit ahead of an expected ​announcement from Washington ​to impose more sanctions ⁠on Iran.

Oil prices fell Monday as investors awaited details of what Washington has billed as its toughest-ever sanctions campaign against Iran.

The United States is set to unveil a sweeping new economic campaign against Iran on Monday, August 24, with Treasury Secretary Scott Bessent calling it the “greatest financial offensive ever marshalled” against an adversary,

Brent ​crude futures ⁠fell 94 cents, or ‌1 per cent, to USD 93.45 by 2308 GMT, while US West Texas Intermediate crude was at USD 86.14 ⁠a ⁠barrel, down 92 cents, ⁠or 1.06 per cent.

Social Security's 2027 COLA is getting a significant Trump bump. To preface this discussion, inflation is perfectly normal for an expanding economy. Since the Consumer Price Index

Social Security’s 2027 cost-of-living adjustment is still months from being set. July CPI-W data show why inflation tied in part to Trump-era economic policy is

Experts recently lowered their 2027 Social Security COLA forecasts. These reduced projections reflect lower-than-expected inflation. Lower inflation now is better for retirees than a larger Social Security check next year.

A Social Security modeling proposal using a chained CPI could slightly reduce annual COLA increases, with the effects growing for beneficiaries who collect bene

U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment.

With a base case aim of $80,000 and "risks skewed to much higher," a Galaxy trading analyst said that the market shifted from a "sell rips" to a "buy dips" regime.

Bitcoin is trading near $78,000 on August 21 after one of the most violent rallies of the year: up roughly 18% in 48 hours and 24% on the week.

Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington