Economy

Jumpy bond markets make it clear: Trump risks driving US into debt crisis

Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength

Drill, Burnham, drill? The oil basin that is a totem for Trump

North Sea oil, once the driving force of the UK economy, may be dwindling but it remains a symbol of prestige and a rich resource for political debate

Prediction markets experience explosive growth, but also new legal challenges

Jeffrey Bandman, a former Commodity Futures Trading Commission official who led Kalshi’s regulatory strategy from 2019 and has returned after a two-year hiatus, told me that the founders were determined to build the business in close cooperation with regulators. “They understood early on that taking regulation seriously could be a competitive advantage,” he said.

Carney outlines last-minute issues with US-Canada trade negotiations

Canadian Prime Minister Mark Carney detailed three of the “last-minute changes” he alleged U.S. negotiators tried to bargain for in trade talks, which he said ultimately led to his country pulling out of the negotiations.

Carney says US 'attacked' Canada with tariffs and promises retaliation

Canadian Prime Minister Mark Carney outlined his country’s plans for “dollar-for-dollar” retaliatory tariffs set to hit American exporters on Sept. 8, saying he is making the move “reluctantly” in response to the breakdown of trade negotiations with the U.S.

Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway

President Donald Trump disclosed just over 1,000 financial transactions in the month of June in what appears to be broad reshuffling of his portfolio.

How to Lose a Trade War

U.S.-Canada trade talks collapsed last night. Punitive Trump tariffs will now go into effect. Canada will reciprocate with retaliatory tariffs of its own.

Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks

Stocks took their cue from the bond market this week.

Airbnb's New Fee Change Frustrates Hosts—What to Know Before Renting Out Your Home

A new Airbnb fee change is one of many costs and considerations that can affect whether running a short-term rental makes money.

As U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8

New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday.

I run a pizzeria out of my Smart car in NYC

Bradley Alvelo, 38, runs Pizza Pod, a mobile pizzeria he operates out of a Smart car in New York CIty. After getting laid off from a corporate kitchen, Alvelo built the business from scratch.

Emergency savings shortfall signals 'danger' for working households, Suze Orman says

A new survey shows even a $500 unexpected expense may throw households off track when it comes to big life goals like saving for retirement.