Canadian Prime Minister Mark Carney said retaliatory tariffs on U.S. goods will take effect on Sept. 8. He referred to Trump's tariffs as "a miscalculation."

A new wave of tariffs will hit Canada early Saturday morning, with steep 50% duties in effect at the stroke of midnight.

The United States and Canada, historic allies along an undefended border, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries.

A fresh wave of US tariffs on a wide array of Canadian goods has come into effect as of midnight on Saturday after a last minute breakdown in trade talks.

Bond yields moved back up near their highest levels in over a decade even as Treasury Secretary Scott Bessent seeks to contain borrowing costs. Yields on 30-year Treasurys advanced to around 5.28%, with 10-year yields around 4.

Part of the market’s less-than-panicked response may have to do with the orderly selloff in Treasuries, with yields rising gradually all year. As my colleague Josh Schafer points out, bond volatility has remained subdued,

The market shrugged off the Treasury Department’s attempt to lower long-term bond yields, raising the question of what the Trump administration might do next. Yields on 30-year Treasury securities have recently pushed to levels not seen in some two decades,

B. Riley Wealth Management chief market strategist Art Hogan discusses market volatility, rising Treasury yields and the long-term outlook for technology giants Apple and NVIDIA on ‘The Claman Countdown.

Iran has granted permission for a number ​of Iraqi oil tankers to pass through the ‌Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state news agency IRNA reported on Saturday.

Central Command said it has assisted about 1,300 commercial vessels through the contested waterway, where flow remains well below prewar levels

U.S. Central Command has aided with the passage of more than 660 million barrels of crude oil through the Strait of Hormuz since early May. This suggests at least 160 million barrels, or more than 7 million barrels per day,

It has been revealed that incidents of vessels evading Iranian oversight while navigating the Strait of Hormuz, effectively controlled by Iran, are occurring consecutively. An increasing number of tankers are using the Omani coastal route on the opposite side of Iran,

Banca Generali SpA said it’s evaluating an unsolicited bid from Banca Monte dei Paschi di Siena SpA, part of Monte Paschi Chief Executive Officer Luigi Lovaglio’s attempt to create a massive new Italian bank with a market capitalization of about €70 billion ($82 billion).

Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion.

Monte dei Paschi di Siena is preparing twin bids for Banca Generali and Banco BPM, in a bold move as it races to fend off a hostile takeover by Intesa Sanpaolo. Two people close to the Italian bank said on Thursday that a majority of its board had backed a plan that would create a banking group with a combined market valuation of about €70bn.

Mps has cleared a twin swap bid for Banco Bpm and Banca Generali, worth about €34 billion, to counter Intesa Sanpaolo and forge a new Italian bank with European weight. View on euronews

Founder Hui Ka Yan has been sentenced to life in prison for financial crimes linked to the collapse of his Evergrande real estate group.  The 67-year-old was convicted on Thursday by the Shenzhen Intermediate People’s Court,

Chinese authorities have moved to finish cleaning up the mess left by the collapse of the Evergrande real estate empire as a court in southern China's Guangzhou accepted a bankruptcy liquidation

Hui Ka Yan, founder and former chairman of China's largest property developer was sentenced to life in prison for fund-raising and securities fraud.

Yields on 30-year Treasuries climbed on Thursday. The move reversed some of Wednesday’s decline after Scott Bessent, America’s treasury secretary, promised to buy back more long-term bonds. Investors remain concerned about inflation and government debt,

The union members also authorized a potential strike if a new agreement is not reached by October.

Boeing’s engineering and technicians union voted Friday to reject the company’s contract offer and authorize its negotiating team to call for a strike.

and the union overwhelmingly authorized a potential strike.

Boeing (BA) engineers and technical workers rejected the company's four-year contract offer and voted in favor of a strike authorization, union officials said Friday. The 17,000 ​members of the Society of Professional Engineering Employees in Aerospace voted overwhelmingly ‌to give its negotiating team the power to declare a strike when the