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News
'Everybody???s been bugging me'??? Trump says he'll remove his 10% tariff on Irish whiskey during trophy ceremony at a golf tournament in Ireland
18+ hour, 57+ min ago (216+ words) U.S. President Donald Trump announced on Sunday at the close of a golf tournament in Ireland that he plans to remove a 10% tariff on Irish whiskey. Trump said during the trophy ceremony for the Irish Open that he had been asked…...
The trade deficit with Canada that's upset Trump so much is due to oil the U.S. buys at a discount for the Midwest. 'It???s the only oil they can use"
1+ day, 18+ hour ago (1036+ words) Canada might seem an unlikely target for a U.S. trade war. No country on Earth buys as much from the United States as its northern neighbor. For American farmers, Canada is second only to Mexico as an export market. A North…...
Anthropic's new research maps three wildly different futures for the AI economy
3+ day, 20+ hour ago (510+ words) Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Anthropic has three very different visions for the impact AI will have on the U.S. economy. In the third, AI outperforms humans at nearly every knowledge-work task, does almost…...
Oil surges back above $100 a barrel as diesel climbs to a record $5.94 per gallon
4+ day, 21+ hour ago (513+ words) The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain. Brent crude, the international standard, jumped nearly 3% to…...
'They definitely understood the moment': Mysterious family gifts $50 million to Americares???adding to the list of individuals plugging funding holes
4+ day, 21+ hour ago (403+ words) A major American aid group is promising to deliver more medicines in high-need areas around the world after receiving its largest ever donation. Americares, a nonprofit that supports thousands of health centers globally, announced a $50 million gift Wednesday from an…...
Nearly 4 in 10 Argentines under 25 are behind on their debts
5+ day, 29+ min ago (708+ words) At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first in his family to graduate. Just two years later, that dream has slipped out of reach. Unemployed and $1,300 in debt, he can…...
How Canada decided to hurt its own economy, raise its inflation???and most Canadians approved because they're so angry at Trump
5+ day, 18+ hour ago (465+ words) Economists are warning that Canadian Prime Minister Mark Carney’s “dollar-for-dollar” tariff strategy could mean some economic pain for the Great White North, but Canadians are so frustrated with the Trump administration they support the move anyway. Canada implemented retaliatory tariffs…...
China on pace for 'new record-high trade surplus' this year as exports jump 25%???a part of its efforts to become a 'major player in AI infrastructure"
5+ day, 23+ hour ago (598+ words) China’s exports jumped 25% in August from a year earlier on strong demand for autos and high-tech goods as its record trade surplus widened further, its customs agency said Tuesday. The data was broadly in line with what economists had expected…...
Trump telegraphs his weakness on Canada??? and Carney doesn't bite
6+ day, 3+ hour ago (1121+ words) Canada struck back at U.S. President Donald Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada. The outcome could resonate far beyond Canada, showing other governments whether a smaller…...
Canada's pivot to Asia is finally real. The challenge is that neither side knows much about the other
6+ day, 21+ hour ago (591+ words) Come Sept. 8, some $20 billion’s worth of U.S. goods will be subject to Canadian counter-tariffs of up to 50%. They follow the 50% duties imposed by Washington on Canadian goods on Aug. 22. Yet U.S. President Donald Trump’s renewed focus on Canada should be…...