The measures come after President Trump imposed 50% tariffs on many Canadian goods and threatened more after trade talks broke down on Friday.

Canada has announced retaliatory tariffs against the United States as relations sharply deteriorate, after President Donald Trump mused about renaming Lake Ontario “Lake America” and insulted Canada’s Prime Minister Mark Carney by calling him “Governor Carney.

Prime Minister Mark Carney has promised "dollar for dollar" retaliatory measures to counter US President Donald Trump’s 50% tariffs on a wide range of Canadian goods.

The Canadian Ministry of Finance is set to announce retaliatory tariffs against the United States on Tuesday, amid an escalating trade war between the neighboring nations, according to CTV News. The agency said in a press release Monday that several Canadian officials will visit a local business and hold a joint press conference "to announce new measures to protect and support Canadian workers and businesses during these challenging times.

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.

Beijing threatened to retaliate against the US and signaled it won’t back away from its cooperation with Iran after the Trump administration’s latest sanctions targeted businesses in China and Hong Kong.

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

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.