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Trump threatens 50 percent New Year’s Day tariffs on more Canadian goods

President Trump hit back at Canadian Prime Minister Mark Carney on Monday, threatening to hit imported cars, trucks, auto parts and steel with 50 percent tariffs. The new tariffs would take effect on Jan. 1. “Canada has been ripping off the United States of America for years,” he wrote on Truth Social. “Their ridiculously high tariffs…

Pence: ‘Last thing’ US economy needs is trade war with Canada

Former Vice President Mike Pence said Sunday the trade war between the U.S. and Canada could damage the American economy. “American businesses and American consumers pay American tariffs, and I think the last thing we need right now, as our economy is getting back on its feet, is a trade war with Canada,” Pence told…

End the Biden inflation tax

A proposed reform to index capital gains for inflation and expand exemptions for home sales aims to increase housing supply and stimulate economic growth.

The end of marriage as we know it

Research from the University of Pennsylvania indicates that couples where the woman earns more are significantly more likely to separate, highlighting how shifting economic dynamics and persistent domestic imbalances are contributing to rising divorce rates.

Turmoil in Treasury bond yields sparks global worries: What to know

U.S. bond yields are rarely a burning issue with the general public. But that’s changed this week as a spike in yields has hit the front pages and TV newscasts. Yields on 30-year U.S. Treasury bonds hit their highest point in almost two decades on Tuesday. The rise prompted Treasury Secretary Scott Bessent to step in with a buyback…

Bessent: US can ‘grow our way’ out of $40 trillion debt

Treasury Secretary Scott Bessent on Thursday said the U.S. can “grow” its way out of the $40 trillion national debt, a milestone reached Wednesday. “Well, I mean, look Sara, there’s nothing magic about the $40 trillion number, and we can grow our way out of that,” Bessent told “Squawk on the Street” co-host Sara Eisen…

Bond markets rattle economy, forcing controversial buyback ‘Band-Aid’

The U.S. bond market is raising alarm bells for the economy, forcing the Trump administration to take emergency measures to ease the immediate impact on American pocketbooks. Long-term borrowing costs hit their highest levels across the world on Tuesday, with the cost for the U.S. government to borrow money reaching its highest rate in nearly…