Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse

Carney’s speech on Saturday is his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”. US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been agreed earlier…

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Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks

Rising bond yields and oil prices put stocks under pressure this week, while another bout of volatility in the AI trade tested investors’ conviction in the market’s biggest growth theme. The S & P 500 and tech-heavy Nasdaq Composite snapped their three-week winning streaks, down roughly 1.43% and 2.05%, respectively. Meanwhile, the Dow Jones Industrial…

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GOP lawmakers criticize Trump’s beef import plan amid blowback from ranchers

House and Senate Republicans on Friday criticized President Donald Trump’s decision to suspend tariffs on ground beef imports, with lawmakers from agricultural states decrying the impact Trump’s decision will have on farmers. Nebraska’s GOP senators, Deb Fischer and Pete Ricketts, said in separate posts on X that Trump’s decision was unwise. “I’m extremely disappointed by…

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