Chrystia Freeland announced this morning that she will enter the leadership race for the head of the Liberal Party and Prime Minister of Canada.

Voters consistently ranked economic issues including the cost of living as the most important issue in deciding their choice for president, according to the FT-Michigan Ross poll. But those voters are set to be disappointed, economists have warned, as Trump pursues aggressive tariffs.

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.

DeepSeek’s bombshell claim of a dirt-cheap, world-class artificial intelligence rig blew a $600 billion hole in Nvidia’s market value Monday. America’s confidence in its AI lead over China seems to have vaporized like our atomic chauvinism after the 1949 Russian A-bomb test.

M&A, economic growth and artificial intelligence are among the leading issues banks will encounter this year, economists said.

These statistics send a message to audiences at home and abroad, said Elina Ribakova, senior fellow at the Peterson Institute for International Economics. To the Russian public: “We’re still ...

The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 billion to boost semiconductor manufacturing. Most of that money hasn't been spent yet, giving the Trump administration a lot of leeway over how it is handled.

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested.

Donald Trump is back in the White House, promising to use the United States's vast economic weight to hit back at China for its alleged unfair trade practices and role in the deadly American fentanyl crisis.

U.S. President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday.

The Republican has promised strong growth, high tariffs, income tax cuts and booming oilfields. But despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like inflation, a budget deficit, increased tensions over trade, the fallout from his plans to curtail immigration and a persistent wealth gap.

DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.