Chrystia Freeland announced this morning that she will enter the leadership race for the head of the Liberal Party and Prime Minister of Canada.
The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 billion to boost semiconductor manufacturing. Most of that money hasn't been spent yet, giving the Trump administration a lot of leeway over how it is handled.
M&A, economic growth and artificial intelligence are among the leading issues banks will encounter this year, economists said.
U.S. President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday.
DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.
Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
If the Trump administration succeeds in deporting millions of immigrants, it will slow economic growth and productivity gains.
DeepSeek’s bombshell claim of a dirt-cheap, world-class artificial intelligence rig blew a $600 billion hole in Nvidia’s market value Monday. America’s confidence in its AI lead over China seems to have vaporized like our atomic chauvinism after the 1949 Russian A-bomb test.
Each of these issues could help to shape how voters feel about a president they returned to the White House with the specific goal of fixing the economy. For his part, Trump wants to blame all the challenges before him on his predecessor,
Called the "Restoring Trade Fairness Act", the bill's aim is to revoke China's Permanent Normal Trade Relations, or PNTR, status. US President Donald Trump, who campaigned to raise tariffs on China to 60 percent or higher, proposed an additional 10 percent tariff on Chinese imports earlier this week.
US President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday. Ms. Leavitt told reporters in her first White House press briefing that Mr.