President Trump said he's doubling tariffs on automobiles and auto parts from Canada to 50%, further escalating a trade war with the neighbor.

President Donald Trump threatened to raise automobile tariffs on Canada to 50% as the trade rift and political slanging match between the neighboring nations escalated.

President Donald Trump threatened to double tariffs on Canadian cars on Monday, the latest sign that the United States and Canada are barreling toward a deeper trade war after last-ditch efforts to strike a deal collapsed Friday.

Prime Minister Mark Carney has promised "dollar for dollar" retaliatory measures to counter US President Donald Trump’s 50% tariffs on a wide range of Canadian goods.

Economists criticise Fed chair’s communication strategy as policymakers prepare to gather at Jackson Hole symposium

Treasury yields fell Monday as investors await Federal Reserve Chair Kevin Warsh's keynote speech at Jackson Hole later this week.

The central bank chief faces a key test this week when delivering remarks at the annual Jackson Hole conference.

It’s late August, but this week will be a big one for markets. Headline events include Nvidia earnings after the bell Wednesday and Kevin Warsh’s first major policy speech as Federal Reserve chairman on Friday.

Marvell Technology reports earnings this week but Wall Street desires more details on a recently announced agreement with Google.

Key Takeaways Marvell is due to report earnings Thursday afternoon, with options pricing suggesting traders see the stock swinging up to 10% by the end of the week. Sales and profits are expected to have grown in the quarter on strong demand for AI-related hardware.

Semiconductors are a pressure point in tech today. Notably, the iShares Semiconductor ETF (NASDAQ:SOXX) is down 3% to $505.27 while the NASDAQ 100 tracking Invesco QQQ Trust (NASDAQ:QQQ) is down 0.7% to $708.

Marvell Technology's landmark Google deal could potentially triple revenues to $31 billion. Read why I remain on the sidelines of MRVL stock.

Plus, Canada’s Mark Carney puts his trade doctrine to the test, and a billionaire’s seafood shack sparks a fight with Montauk locals.

Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.

The chipmaker is scheduled to announce it's latest results on August 26 and expectations from Wall Street are already high.

Anxious about Nvidia’s results? You’re likely not alone. The stock sold off in the wake of its last three quarterly reports. Another re-evaluation could come Wednesday, when the world’s most valuable company hands in its second-quarter results.

You may have hoped for a larger 2027 COLA, especially if you're struggling to cover your expenses with the benefits you're currently receiving. But a larger COLA comes with a hidd

New 2027 Social Security COLA estimate released after fresh inflation data. Could beneficiaries get a bigger raise than they got this year?

A lower cost-of-living adjustment (COLA) means a smaller increase in benefits. COLAs are based on July, August, and September inflation rates. Designed to help seniors keep pace with inflation, COLAs sometimes miss the mark.

Initial estimates are calling for a larger Social Security COLA in 2027. Here's why even a sizable raise next year may not help seniors the way it's meant to.