President Donald Trump's new 50% tariffs across $20 billion of Canadian imports took effect Aug. 22 after talks between the two countries to avert the tariffs collapsed. The new tit-for-tat tariffs mark a new low in the Canada-U.

Canada is striking back against President Donald Trump’s latest round of tariffs by imposing identical trade penalties on goods from the United States. Francois-Philippe Champagne, the Canadian minister of finance,

Canada is preparing retaliatory tariffs against the United States as relations sharply deteriorate, with President Donald Trump telling Canadian leaders to “fall in line” and musing about renaming Lake Ontario as “Lake America.

"I ⁠think that's the government intention," LeBlanc said when asked on ​CNBC when the tariffs on goods imported from the U.S. might be announced. "It shouldn't surprise anybody. Our friends and the American administration,

Gold rose in Asian trade. The yellow metal has rebounded sharply from July lows, supported by renewed investment demand and growing unease over the U.S. fiscal outlook, ING said.

A softer dollar makes greenback-priced gold attractive to holders of foreign currencies, while lower Treasury yields reduce the opportunity cost of buying bullion. The dollar inde

The unexpected move has revived concerns about rising borrowing costs and exerted downward pressure on the dollar, making gold that's priced in the currency cheaper for many buyers.

As of August 25, 2026, the price of gold is $4,636.00 per ounce. See updated daily gold price, historical gold price charts, percentage changes and gold trends at USA TODAY Money.

China is angrily pushing back against the President Donald Trump administration on new sanctions against Iran that will harm it.

Analysts say without meaningful sanctions against China, Iran will likely survive this latest round of financial punishment.

Economic warfare and maximum pressure will not help resolve the problem,” a spokesperson for China’s foreign ministry said in a statement.

Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies. The measures unveiled on Monday by US Treasury secretary Scott Bessent targeted some Hong Kong-based companies but stopped short of listing mainland Chinese financial institutions.

You may have hoped for a larger 2027 COLA, especially if you're struggling to cover your expenses with the benefits you're currently receiving. But a larger COLA comes with a hidd

Social Security and SSI benefits are set to rise 2.8% in 2026. Here is when payments increase, how to find your personal notice and what the COLA does not answe

Retirees could see a 3.4% increase in their monthly Social Security paychecks next year after the government said inflation cooled a bit in July, as expected, new calculations show. That 2027 estimated cost-of-living adjustment,

Social Security's 2027 COLA is getting a significant Trump bump. To preface this discussion, inflation is perfectly normal for an expanding economy. Since the Consumer Price Index

Investors are also awaiting the release of the Federal Reserve’s preferred inflation gauge, the personal consumption expenditures price index.

A crucial earnings week awaits markets, where results from chipmakers including Nvidia and Marvell Technologies are expected.

S&P 500 and Nasdaq fall as chip stocks slide, Nvidia drops, Treasury yields ease, while Trump’s Canada tariffs hit market sentiment.

Meanwhile, U.S. stocks are starting the week on a mixed note, with the Nasdaq slipping about 0.5%. That followed a slide in major tech shares in Asia, including Alibaba after it launched a $10.2 billion share sale to fund its AI spending.

The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending

Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised ​a HK$80 billion ($10.21 billion) share placement at HK$112.70 ‌apiece, in a deal aimed at funding artificial intelligence-related development.

The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and ​cloud computing company launched a $10.2 billion share placement, as investors worried ‌about payback from its massive AI spending.

Alibaba 's AI revenue is soaring. *Stock prices used were the afternoon prices of Aug. 22, 2026. The video was published on Aug.24, 2026. A Fool since 2019, and a graduate of Cal State LA with a B.S.