Latest in U.S. booze stocks tumble as Canada prepares to retaliate against Trump tariffs
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U.S. stocks are expensive ‘on almost any valuation metric.’ Why they could remain so for a while.
U.S. stocks are trading at a pretty lofty level, but investors shouldn’t expect mean reversion anytime soon, according to BofA Global Research.MarketWatch - Jan. 10 -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - Jan. 10 -
Man who fled U.S. to avoid prison for Capitol riot captured in Canada
Anthony Vo told The Toronto Sun that he was "pretty much 99% sure" that Trump will pardon him once he takes office on Jan. 20.CBS News - Jan. 10 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
Trudeau: Trump talk of annexing Canada a distraction, won't happen
Canadian Prime Minister Justin Trudeau said Thursday he thinks President-elect Trump’s public musings about annexing the neighbor to the north is a distraction from Trump’s threat to impose steep ...The Hill - Jan. 9 -
Is the stock market open today? U.S. observes national day of mourning as Jimmy Carter’s funeral is held in Washington.
The country honors the former president, who died on Dec. 29 at age 100, with an official state funeral at the National Cathedral on Thursday. A private interment in Plains, Ga., is set to follow.MarketWatch - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
Canada on Trump's Proposed Union: Thanks, but Let's Just Be Friends
The president-elect’s comments about the U.S. annexing its northern neighbor were rejected by Canadians of all political stripes.The Wall Street Journal - Jan. 9 -
Lawmaker lauds Trump's expansion plan: Panama, Greenland, Canada 'should be honored’
Rep. Brandon Gill (R-Texas) says Canada, Panama and Greenland should be "honored" by President-elect Trump's ambitions to make them part of the United States. "I think that the people of Panama, I ...The Hill - Jan. 9 -
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.The Wall Street Journal - Jan. 8 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Will Trump really take Canada and Greenland?
He also said he wants to reclaim the Panama CanalBBC News - Jan. 8 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
Stephen A. Smith: Americans 'relate' to Trump's view on Canada
Sports media personality Stephen A. Smith says Americans feel a connection with President-elect Trump's rhetoric on Canada and Greenland. "This kind of language, no matter how frivolous we may ...The Hill - Jan. 8 -
Haberman: Trump Canada expansion talk 'much more of a troll'
New York Times national political correspondent Maggie Haberman said late Tuesday that President-elect Trump’s swipes at Canada being the "51st state" are more of a “troll” than a likely reality. ...The Hill - Jan. 8 -
Morning Report — Trump signals he means it on Greenland, Canada
In today’s issue: President-elect Trump, transactional to his core, argued Tuesday that Denmark should sell Greenland to the United States to benefit global security. He pressed Panama to forfeit ...The Hill - Jan. 8 -
What to know about Trump's calls to make Canada the '51st state'
President-elect Trump has doubled down on his suggestion of a merged United States and Canada in the wake of Canadian Prime Minister Justin Trudeau’s decision to resign. Some have shrugged off ...The Hill - Jan. 8 -
Colleges prepare for new legal and political terrain under Trump
Colleges and universities are preparing for new legal and political territory as President-elect Trump returns to office. Concerns for international students, GOP attacks on higher education and ...The Hill - Jan. 8 -
Canada's Conservative leader slams Trump's '51st state' idea
Pierre Poilievre, leader of Canada’s Conservative Party, shot back at President-elect Trump’s idea of making his country America’s 51st state. “Canada will never be the 51st state. Period. We are a ...The Hill - Jan. 7 -
Trump's annexation talk extends a long U.S. tradition of political miscalculation about Canada
President-elect Donald Trump’s repeated assertions that he wants Canada to join the United States have become a staple of his presidential transition.NBC News - Jan. 7 -
From Greenland to Canada, everything Trump said at his news conference
NBC News' Vaughn Hillyard reports on President-elect Trump's lengthy and wide-ranging news conference. Trump discussed pardons for those involved in the Capitol riot on January 6, 2021, and would ...NBC News - Jan. 7 -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Trudeau hits back at Trump on Canada annexation: 'There isn't a snowball's chance in hell'
Outgoing Canadian Prime Minister Justin Trudeau hit back Tuesday at President-elect Trump over his threats to annex America's northern neighbor. “There isn’t a snowball’s chance in hell that Canada ...The Hill - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
Meta ends third-party fact-checking scheme as it prepares for return of Trump
Facebook owner to copy community notes pioneered by Elon Musk’s XFinancial Times - Jan. 7 -
Kinzinger says he doesn't want pardon to shield against possible Trump retaliation
Former Rep. Adam Kinzinger (R-Ill.) says he does not want a preemptive pardon from President Biden to shield him from possible retaliation by President-elect Trump for his participation on the ...The Hill - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - Jan. 7 -
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration
U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...CBS News - Jan. 6 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Trump pitches 'merged' US, Canada after Trudeau resignation announcement
President-elect Trump pitched the idea of a “merged” United States and Canada after Canadian Prime Minister Justin Trudeau announced his resignation, noting there would be no tariffs if the two ...The Hill - Jan. 6 -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
Iran doubles military drills as it prepares for Trump
Islamic republic seeks to project strength in winter exercises following repeated strategic blows in Middle EastFinancial Times - Jan. 6