President Trump is escalating his trade war with Canada, doubling down on a 95-year-old law to potentially ban Canadian dairy products, most alcoholic beverages, and motorcycles.
“It seemed inevitable that Trump would need to have the last word,” Capital Economics said in a note, “and the administration has responded by leaning on another part of Section 338.”
Social Security recipients will know next month how much their benefits will increase next year.
The annual announcement for the Cost of Living Adjustment (COLA) is set for Oct. 14 at 8:30 a.m. ET.
The announcement will come after the final data on September’s Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is released.
Traders celebrating at the New York Stock Exchange on April 15, 2026, as the S&P 500 closed above the 7,000 level for the first time.
NYSE
Equal-weight ETFs are having a moment. The investing approach isn’t new, but it has moved into the spotlight this year as many of the large-cap stocks that have driven a disproportionate share of core stock market index performance in recent years have lagged.
Two numbers are about to do a lot of heavy lifting. The Federal Reserve’s September policy decision is riding on inflation data landing September 10 and 11, just days before officials convene for their FOMC meeting on September 15-16. If those figures come in hot, the central bank may have little political cover to stay on hold.
» Read more about: Federal Reserve rate hike depends on two key inflation reports »
TORONTO — The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said Tuesday, as the trade war between the two neighbors and longtime allies escalates.
The ban will take effect in three weeks, on Sept. 29, and comes after retaliatory tariffs promised by Canada kicked in earlier Tuesday on $20 billion in U.S.
IT stocks came under intense selling pressure on Wednesday, dragging the broader market lower as concerns over US visa policies deepened after the US suspended Cognizant’s permanent labour certification filings. The move stoked fears that scrutiny over green card filings, adding to existing concerns over higher visa costs, escalating West Asia tensions and fresh foreign fund outflows.
S&P 500 record highs have historically been less dangerous than they appear.
Historical data generally favors investing long-term money sooner rather than waiting for a correction.
Elevated U.S. stock valuations still make future return expectations worth watching.
» Read more about: If You Make Just 1 Investing Move Right Now, History Says It Should Be This »
Fantasy Football: Take note of your league’s scoring system before the draft. If your particular league awards more points for running yards than receptions, you may want to consider drafting a …
» Read more about: 10 Commandments of Options Trading and Fantasy Football »
The likelihood of the Federal Reserve increasing interest rates in its September 2026 policy meeting has reached a market-implied probability of 57%, according to data from Kalshi. This suggests a potential 25-basis-point hike, which would adjust the target range to 3.75%–4.00%, contrasting with a 43% chance of maintaining the current rate of 3.50%–3.75%.
» Read more about: Fed rate hike possibility for September meeting »