Trump administration predicts US trade war ‘devastating’ for Canada
WASHINGTON: The Trump administration on Sunday (Aug 23) warned that Canada 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 on Friday, putting into force new 50 per cent US tariffs impacting about US$20 billion worth of Canadian goods, » Read more about: Trump administration predicts US trade war ‘devastating’ for Canada »
Read MoreFederal Reserve Study Reveals How Bitcoin Performance Data Drives Crypto Purchases
Key Findings
Table of Contents
Cryptocurrency holders anticipated 22% yearly gains compared to non-holders’ 7% projection in 2021 research
Displaying Bitcoin’s trailing 12-month performance increased desired cryptocurrency holdings by approximately 2 percentage points
Real cryptocurrency acquisitions climbed about 2.5 percentage points when participants received Bitcoin performance information
Return expectations proved more predictive of crypto ownership than demographic factors including age,
Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026.Saul Loeb | AFP | Getty ImagesPresident Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027, following a breakdown in trade negotiations last week.”Canada has been ripping off the United States of America for years,”
» Read more about: Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates »
Read MoreSocial Security Averages Your 35 Highest-Earning Years. One More Year at 64 Can Erase a Zero From 1984 and Raise Your Check for Life.
© zimmytws / Shutterstock.com
If you have a Social Security earnings record with any gap in it (a year off with kids, a stretch in grad school, an early-career break, a mid-career layoff), the Social Security Administration is quietly averaging a $0 into your benefit for every missing year. Working one more year at age 64 can knock that zero out of the formula and raise your check for the rest of your life.
Read MoreTech Stocks Rally on AI Optimism as Nvidia Jumps: Markets Wrap
(Bloomberg) — US stocks advanced as a bullish outlook from Nvidia Corp. bolstered confidence that the rapid expansion in artificial-intelligence spending is likely to run for longer.
Nasdaq 100 contracts rallied 1.1%,
» Read more about: Tech Stocks Rally on AI Optimism as Nvidia Jumps: Markets Wrap »
Read MoreThe Burst
Is Bitcoin $100,000 Next?
Bitcoin has been on a tear lately, bringing its YTD returns to over 112%. Much of this gain can be attributed to Donald Trump’s support of bitcoin and his electoral victory, which added to an already bullish period for Bitcoin.
Now, the big question is whether the benchmark cryptocurrency could cross the $100,000 mark for the first time in the near future.
» Read more about: Is Bitcoin $100,000 Next? »
Read MoreThe Ivy
Stock Market in Chaos? 1 High-Yield ETF Could Be a Safe Haven
The stock market has gotten off to an extremely rough start in 2025, with highly-valued stocks suddenly selling off on a variety of worries. Both the NASDAQ and S&P 500 entered corrections, erasing trillions in value from the market’s total capitalizations.
Much of this selloff has been driven by threats of sweeping tariffs that would drastically raise costs for American businesses and spur higher inflation.
» Read more about: Stock Market in Chaos? 1 High-Yield ETF Could Be a Safe Haven »
Read MoreThe Spotlight
1 Growth Stock Down 30% You’ll Regret Not Buying The Dip
DigitalOcean is no ordinary cloud computing firm as you’ll see but it is down by 30% over the past 6 months, and yet appears to have significant upside potential from here.
If you’re not familiar with it, the company is like AWS or Google Cloud, but for small to medium-sized businesses (SMBs). Developers like it because of its…