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Business

Asian Markets Plunge as China-US Trade Tensions Intensify; Nikkei Drops 5.6%

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Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before. The deepening worries over President Donald Trump’s...
Business

Trump’s Tariff Fears Rattle Markets, Erasing Over $2 Trillion from US Stocks

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U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered...
Business

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

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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...
Business

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

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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...
Business

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

TDB Editor -
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...
Business

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

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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....
Business

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

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

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

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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...
Business

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

TDB Editor -
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,...
Business

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

TDB Editor -
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...
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