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Ontario Premier Doug Ford threatened to cut electricity and critical mineral exports to the U.S. as the trade war deepens, while President Trump imposed new tariffs and exchanged personal insults with Ford. Prime Minister Carney announced dollar-for-dollar retaliation, and the collapse of talks has raised economic concerns in both countries.
The US Department of Homeland Security has proposed a $103,265 fee on new H-1B visa petitions, seeking to make permanent a policy that was struck down by a federal judge in June. The rule, now open for public comment, has drawn criticism from immigration experts and is expected to disproportionately affect Indian professionals.
U.S. President Donald Trump announced plans to double tariffs on Canadian cars, trucks, auto parts, and steel to 50% starting January 1, 2027, escalating a trade conflict following the collapse of bilateral negotiations. Canada has vowed dollar-for-dollar retaliation, with both sides blaming each other for the breakdown.
Strategy raised about $2 billion through a stock sale, allocated funds to share repurchases and cash reserves, and created a new $1.59 billion cash pool. The company made no bitcoin purchases or sales, keeping its holdings at 840,447 BTC, while increasing total cash to $6.69 billion.
Walmart and Sam’s Club announced they will begin rolling out tap-to-pay options, including Apple Pay and Google Pay, starting Aug. 24 at select locations, with a full U.S. rollout expected by the end of 2026 and fuel stations by mid-2027. The move marks a shift from the company’s long-standing preference for its own Walmart Pay system.
The US military carried out a strike on a vessel in the eastern Pacific, killing two people accused of drug trafficking, the first such attack in about two months. The death toll in the nearly year-long campaign against suspected drug boats has surpassed 210, and the Trump administration is seeking to extend the offensive onto land in Latin America despite criticism and questions over evidence.
Nike and One Piece have teamed up for a collection inspired by Devil Fruits, featuring three redesigned Air Max Plus sneakers and apparel. The collection rolls out internationally from Sept. 4, with a Tokyo pop-up, customization events, and a global SNKRS launch later in the month.
A National Bureau of Economic Research working paper analyzing 29.4 million US LinkedIn profiles finds that nearly a fifth of users have retroactively edited past jobs. Since ChatGPT's release, AI-related additions surged sixfold, while remote-work and DEI terms declined, reflecting changing employer demands.
Two UN peacekeepers were killed and seven others injured in an ambush in South Sudan's Jonglei state. The UN mission condemned the attack and said it may constitute war crimes, as fears grow of a return to civil war.
A new analysis warns that climate change is pushing the planet toward more frequent and intense extreme weather events, with scientists comparing the situation to a 'Boy Who Cried Wolf' problem. The article explores the historical roots of climate science, recent catastrophic events, and the psychological and political challenges of responding to the crisis.
An arbitrator has ordered The Washington Post to reinstate columnist Karen Attiah, who was fired in September 2025 over social media posts about Charlie Kirk's assassination. The arbitrator found the Post lacked sufficient cause and violated its labor agreement. Attiah said the decision confirms she was doing her job as an opinion journalist.
Bernstein maintained its Outperform rating and $140 price target on Circle, arguing that a new growth cycle for USDC could boost the company over the next year. The firm highlighted a $2 billion jump in USDC supply in seven days and said the investment thesis does not depend on the CLARITY Act passing in September.
Several American universities, including Harvard, have advised international students to return to the US before September 15, when new Department of Homeland Security rules on fixed-term student visas take effect. The rules impose four-year limits, reduce grace periods, and require extensions for stays beyond an 'Admit Until Date', sparking legal opposition from higher education groups.
A Human Rights Watch report says Colombian armed groups are recruiting children, including for drone warfare, and that social media platforms like Facebook and TikTok have failed to prevent or sometimes promoted such content. At least 1,500 children have been recruited since 2021, with nearly half being Indigenous.
The Trump administration unveiled 'Operation Economic Outcast,' a sweeping expansion of secondary sanctions targeting Iran's financial lifelines, as Treasury Secretary Scott Bessent described an 'economic D-Day.' President Trump declared Iran 'completely collapsing,' while Tehran dismissed the measures as a sign of American desperation.
US Treasury Secretary Scott Bessent has threatened Iran with the 'largest coordinated economic isolation campaign in world history', vowing to sever economic ties and isolate any nation partnering with Tehran. Iran dismissed the remarks, warning it could shut oil exports through the Strait of Hormuz, while markets showed limited reaction with oil prices edging lower.
Apple is preparing a range of accessibility features for iPhone, iPad, Mac and Vision Pro, due later in 2026. Highlights include eye-tracking for certain powered wheelchairs, natural-language Voice Control and on-device subtitles.
Wheat supplies face a triple threat from conflict, extreme weather, and trade disputes, with major exporters like the US, Russia, and Australia all affected. Experts warn of rising food costs and heightened risks for import-dependent poor nations.
New research from Ampere Analysis indicates that Netflix, Disney+, and Amazon's Prime Video have reduced the average size of their price increases, from 24% in 2023/24 to 14% in 2025/26, as consumers approach their willingness to pay. Western Europe has experienced the highest average price hikes globally, while the growth of advertising-supported tiers and password-sharing crackdowns have influenced pricing strategies.
US Treasury Secretary Scott Bessent announced an expansion of sanctions against Iran, calling it 'an economic D-Day' and warning countries to sever financial ties with Tehran or face retaliation. The announcement came as Iran's currency hit a record low, with food prices soaring and the IMF forecasting a sharp GDP contraction.