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U.S. President Donald Trump is not interested in talking with his former ally Elon Musk, amid a bitter feud over the president’s sweeping tax-cut bill, a White House official said on Friday, adding that no phone call between the two men is planned for the day.
Stocks are opening higher on Wall Street following a better-than-expected report on the U.S. job market.
U.S. money market funds witnessed huge inflows in the week ended June 4 as investor caution over a rise in U.S. tariffs on steel imports, uncertainties over U.S. President Donald Trump’s trade disputes with China and a crucial employment report on Friday, boosted demand for safer investment avenues.
China has signaled for more than 15 years that it was looking to weaponise areas of the global supply chain, a strategy modeled on longstanding American export controls Beijing views as aimed at stalling its rise.
U.S. employers slowed hiring last month, but still adding a solid 139,000 jobs amid uncertainty over Trump’s trade wars.
In a notable move amid recent diplomatic and trade tensions, Prime Minister Mark Carney has agreed to “regularize channels of communication between Canada and China” after having a conversation with a top Chinese official on Thursday.
As stablecoins take a step toward becoming mainstream, some segments of the U.S. Treasury market, notably securities with short-term maturities, could be vulnerable to volatility as they become more closely tied to the world of cryptocurrency.
As U.S. President Donald Trump and Elon Musk argued on social media on Thursday, the world’s richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station.
Almost two in five Canadians say recent court rulings in the U.S., and the ongoing legal battle over President Donald Trump’s tariffs, have made them feel less confident in the future of trade relations, a new poll suggests.
Tesla shares clawed back from steep losses on Friday, as a war of words between CEO Elon Musk and U.S. President Donald Trump appeared to cool amid report that White House aides were scheduling a call to help broker peace.
After U.S. President Donald Trump boosted steel and aluminum tariffs to 50 per cent, some industry groups and the Official Opposition have called on the federal government to retaliate in kind.
Shares of Elon Musk’s electric vehicle maker plunged more than 14 per cent Thursday as investors fear his dispute with U.S. President Donald Trump could end up hurting the company.
Eager customers lined up outside electronics stores in Tokyo hours in advance to collect their pre-ordered Nintendo Switch 2 video game consoles.
Canadian steel companies and union workers are meeting with members of Parliament today with the hopes of convincing Ottawa to punch back at U.S. President Donald Trump’s tariff hike.
U.S. President Donald Trump said his conversation with Chinese leader Xi Jinping had a 'very positive conclusion' on Thursday, announcing that the two countries will hold trade talks in hopes of breaking an impasse over tariffs.
The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S. President Donald Trump’s trade war threatens to slow already tepid growth.
