The Bank of Canada has held interest rates, amid the prospect of weaker growth and higher inflation, thanks to the retaliatory tariff blitz that followed the collapse of U.S. trade negotiations. The central bank decided to hold its key rate at 2.25% at its September meeting, it announced Wednesday, despite citing elevated energy prices resulting…
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations. Here’s how the company did relative to LSEG consensus: Earnings per share: $7.04 adjusted vs. $4.92 expected Revenue: $46.97 billion vs. $44.92 billion expected Revenue came in higher than…
Pennsylvania Gov. Josh Shapiro said Tuesday that “too many” data center developers don’t care about the communities where they are building those artificial intelligence-sector projects, which have met with growing opposition nationwide. Shapiro’s comments to CNBC’s “Squawk on the Street” came a day after President Donald Trump said the only reason American communities should not…
UNITED STATES – MAY 21: Rep. Chip Roy, R-Texas, left, and House Freedom Caucus chair Rep. Andy Harris, R-Md., along with members of the House Freedom Caucus speak to reporters about the One Big Beautiful Bill Act reconciliation package in the U.S. Capitol on Wednesday, May 21, 2025. Bill Clark | Cq-roll Call, Inc. |…
The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday, U.S. Central Command said in a social media post, after a pair of oil tankers came under attack in the critical shipping route. The strikes come after President Donald Trump had reportedly been considering a CENTCOM plan for limited…
Canada’s Prime Minister Mark Carney speaks with the news media after he suspended trade negotiations with the United States, in Ottawa, Ontario, Canada August 22, 2026. Chris Tanouye | Reuters Canadian Prime Minister Mark Carney on Tuesday blasted the Trump administration for “doing memes” and “throwing shade” against his nation amid a growing trade war….
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 31, 2026. Stringer | Reuters A tanker was struck by three unknown projectiles while transiting the Strait of Hormuz on Monday, stoking worries that the Middle East conflict could once again escalate. The tanker was sailing in the southern shipping lane close to…
Treasury Secretary Scott Bessent and Russian Finance Minister Anton Siluanov at the G20 Finance Ministers Meeting in Asheville, N.C. on Aug. 31, 2026. Courtesy: U.S. Treasury Department U.S. Treasury Secretary Scott Bessent reportedly told Russian Finance Minister Anton Siluanov that no sanctions relief or new agreements with Moscow were possible, as long as the war…
Drivers in the U.S. won’t see lower gas prices from President Donald Trump‘s massive oil deal with Venezuela because it will take years to significantly boost the country’s production, experts say. Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela’s proven oil reserves, around 20% of the 303 billion…
Construction continues on a new helipad on the South Lawn of the White House and the East Wing ballroom on August 10, 2026, in Washington, DC. Andrew Harnik | Getty Images The Supreme Court said Monday that President Donald Trump can continue construction of his controversial White House ballroom as legal challenges to the project…
