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Elon Musk Sells X to xAI in $33 Billion All-Stock Deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced...

‘The Trust is Gone’: Ontario Businesses and Labour Seek New Allies Amid Ongoing U.S. Trade War

The damage done by Donald Trump's chaotic tariff war has Ontario businesses looking for new trading partners and allies, in the midst of deep...

Wall Street Falls 10% Below Its Record High, Marking the First ‘Correction’ Since 2023 Amid Trump’s Trade War

Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its...

25% Steel and Aluminum Tariffs by Trump Administration Now in Effect

President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S....

Trump Announces 25% Tariffs on Mexican and Canadian Imports, Set to Take Effect Tuesday with No Exceptions

President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American...

EU Official Engages Trump Team in Talks to Avert Looming Tariff Dispute

In lengthy four-hour meeting with Trump officials, EU leader urges fairness to prevent trade clash. “The top objective as it was presented to us...

Howard Lutnick Confirmed by Senate as Commerce Secretary, a Crucial Position in Trump’s Trade Strategy

Howard Lutnick, a wealthy financier and strong advocate of Trump’s trade stance, was confirmed as Commerce Secretary by the Senate on Tuesday. As Commerce Secretary,...

Trump Orders US Treasury to Halt Penny Production: ‘This is so wasteful!’

President Donald Trump announced plans to put a stop to producing pennies, which cost more than their value to make. "For far too long, the...

Taiwan to Support Businesses Relocating to U.S. as Tariff Hikes Loom

Taiwan to Support Businesses Relocating to U.S. as Tariff Hikes Loom Taiwan’s economic affairs ministry said it will assist Taiwanese companies that could be affected...

Trade War Escalates: Canada, Mexico Hit U.S. with Retaliatory Tariffs Over Trump’s Policy

Canada and Mexico each announced tariffs on U.S. imports on Saturday in retaliation for U.S. President Donald Trump placing tariffs on the two countries. Trump...

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