The United States and Canada, historic allies along an undefended border, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries.

A fresh wave of US tariffs on a wide array of Canadian goods has come into effect as of midnight on Saturday after a last minute breakdown in trade talks.

Negotiations between the neighboring countries broke down Friday night and Ottawa said it would impose retaliatory tariffs on U.S. goods.

The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, and Canada said it would retaliate beginning Sept. 8 after last-ditch negotiations failed to resolve the latest strain in relations between the historic allies.

There is facilitation for some ships carrying Iraqi oil in the Strait of Hormuz,” Iraqi president Nizar Amidi said in comments published Saturday by the state-run news agency, adding that Iraq doesn’t have a national carrier for transporting oil.

Iran has granted ⁠permission ⁠for a number ⁠of Iraqi oil tankers to pass through ​the Strait of Hormuz following repeated requests from Baghdad ‌through various channels, Iran’s ‌state news agency IRNA reported on Saturday.

Iran is granting several oil tankers from neighbouring Iraq passage through the Strait of Hormuz, the state news agency IRNA reported on Saturday. The granting of a special permit is said to stem

Iran has approved the passage of several Iraqi oil tankers through the Strait of Hormuz after repeated requests from Baghdad, offering limited relief as regional tensions continue to disrupt one of the worlds

Russian President Vladimir Putin ⁠said ⁠in comments published on ⁠Saturday that Kyiv had opened "Pandora's box" with its ​strikes on Russian economic targets, saying that Russia would hit back ‌at Ukraine's "most sensitive economic sectors".

Russian President Vladimir Putin said Saturday that Ukraine had 'opened a pandora's box' after Kyiv aimed to damage the Russian economy.

Putin warns Kyiv has opened a Pandora's box and vows countermeasures against Ukraine's economy, a second drone reportedly struck a Kryvyi Rih shopping center as rescuers worked, and Ukraine's campaign reaches an Ozon logistics hub deep in Russia.

Russian President Vladimir Putin has threatened Kiev with a severe response after massive Ukrainian strikes on oil refineries and logistics centres in Russia, in an interview with Russian state

The downfall of a property empire that left behind $300 billion in debt has ended in a life sentence. Founder Hui Ka Yan has been sentenced to life in prison for financial crimes linked to the collapse of his Evergrande real estate group.

Chinese authorities have moved to finish cleaning up the mess left by the collapse of the Evergrande real estate empire as a court in southern China's Guangzhou accepted a bankruptcy liquidation

Millions of unfinished homes show why the housing bust is still weighing on Chinese consumers—and the global companies counting on them.

The downfall of a company once touted as a symbol of China's growth raises questions about the sustainability of the world's second-largest economy.

Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

Bitcoin is on course for its best week in more than three years while gold is heading for its biggest monthly gain this century, amid investor fears that US Treasury secretary Scott Bessent’s intervention in the bond market will continue to weigh on the dollar.

Companies including Coinbase Global, Circle Internet Group, and even mining firms like MARA have been riding a wave of fresh market enthusiasm. Yesterday, cryptocurrencies across the board, including major tokens such as Bitcoin,

Experts recently lowered their 2027 Social Security COLA forecasts. These reduced projections reflect lower-than-expected inflation. Lower inflation now is better for retirees than a larger Social Security check next year.

Social Security’s 2027 cost-of-living adjustment is still months from being set. July CPI-W data show why inflation tied in part to Trump-era economic policy is

A Social Security modeling proposal using a chained CPI could slightly reduce annual COLA increases, with the effects growing for beneficiaries who collect bene

President Donald Trump's policies should allow Social Security's annual raise to make history on two fronts in 2027.