The Daily Editor

The math behind Social Security’s looming funding gap is becoming painfully real for retirees. Congress has known for years that the Social Security trust fund is dangerously close to running dry, and unless it acts to shore it up, Social Security benefits could be reduced by roughly 24%.

The Senior Citizens League estimates that 24.6 million seniors get by on Social Security benefits alone.

 » Read more about: The Committee for a Responsible Federal Budget Estimates Social Security Cuts for Couples if the System Is Not Fixed  »

Key Points

• Constellation Energy owns the U.S.’ largest nuclear power fleet.

• Nuclear power is ideal for data centers because it’s carbon-free and can provide 24/7 power.

• GE Vernova’s backlog has reached $176 billion, showcasing the demand for its hardware.

 » Read more about: 2 Energy Stocks Riding the Data Center Power Crunch  »

Key Points

• Social Security is an important source of guaranteed lifetime income.

• You may be able to maximize your benefits in multiple ways without working longer.

• Being strategic on how you invest for retirement can help you bring home more Social Security.

 » Read more about: 3 Ways to Maximize Social Security Without Working Longer  »

US president Donald Trump has hit back at Canada after a breakdown in negotiations plunged the two countries into a trade war.

In his first public comments since talks collapsed on Friday in Washington, the US president wrote on social media: “Canada wants the benefits of being a State,

 » Read more about: Trump berates Canada after talks devolve into trade war  »

Eric T. Webster, chief business officer at Dropbox, Inc. (DBX +1.38%), disposed of 30,650 shares of Class A Common Stock in transactions completed on August 18, according to an SEC Form 4 filing.

Transaction summary

Transaction value based on SEC Form 4 weighted average sale price ($34.25);

 » Read more about: A Dropbox Executive Sold $1 Million in Stock Last Week. Here's What Long-Term Investors Should Know  »

The stock market has a short memory when it comes to tariffs. Investors forget the headlines once they have seen enough of them. That seemed to happen after President Trump spent much of 2025 threatening trading partners with tariffs, delaying them, imposing them, and then negotiating exemptions. 

The first announcements rattled stocks,

 » Read more about: Trump Just Restarted the Trade War With Canada. Should Stock Investors Be Worried?  »

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President Donald Trump went off on the Canadian government in a midnight Truth Social post, with the collapse of talks between the two historic allies risking an all-out trade war.

 » Read more about: Trump Accuses Canada Of Wanting 'Benefits Of Being A State' As Trade War Looms  »

The Trump administration has warned Canada that it would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour.

Negotiations between Washington and Ottawa broke down late Friday, with the US retaliating by immediately imposing 50% tariffs which will hit about $20 billion worth of Canadian goods,

 » Read more about: US says 'foolish' Canada faces 'devastating' trade war  »

Canadian Prime Minister Mark Carney has announced retaliatory tariffs that will “match Washington’s new tariffs dollar for dollar” after days of intense negotiations between the United States and Canada broke down.

The tit-for-tat response came after US President Donald Trump imposed a 50 percent levy on $20bn of Canadian goods,

 » Read more about: Canada, US and tit-for-tat tariffs: How will they impact their economies?  »

Warren Buffett is one of the most successful investors in history, and people around the world always want to know what he is buying. But Buffett himself will tell you that most investors don’t have his level of knowledge and access are generally better off owning low-cost index funds.

There’s a lot behind that statement,

 » Read more about: 5 ETFs Warren Buffett Would Consider Now — Simple Picks for Beginners  »