The Canadian Finance Minister and Canadian Minister of Industry spoke on Canada's retaliatory tariffs on the US.

Canada is retaliating against the Trump administration with counter-tariffs targeting more than 700 products, putting its hardest squeeze on American steel and aluminum. The dollar-for-dollar measures announced Tuesday hit back at the new 50 percent tariffs the United States imposed on roughly $20 billion in Canadian imports after negotiations collapsed last week between the two countries,

Canada is preparing retaliatory tariffs against the United States as relations sharply deteriorate, with President Donald Trump telling Canadian leaders to “fall in line” and musing about renaming Lake Ontario as “Lake America.

The counter-tariffs take effect on U.S. goods from September 8 and will impose duties of 15%, 25% and 50% across 700 products.

Nvidia keeps beating earnings estimates. In six of the last eight quarters, the stock has still sold off. Will Wednesday be any different?

Nvidia continues to execute, making the stock look like a buy, regardless of the response to its earnings report. Since 2023, Nvidia's (NASDAQ: NVDA) quarterly earnings report has become a main event for investors.

Nvidia will report earnings after Wednesday's close, and Wall Street is tuned in to the AI bellwether's fiscal second-quarter results.

NVIDIA heads into its August 26 earnings report with Wall Street almost certain it will beat, yet the stock has dropped sharply all week. That contradiction tells long-term investors something important about what to do next.

Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran.

Oil prices fell in early trading, with Brent crude below $90 a barrel, despite U.S. plans to tighten economic pressure on Iran.

What matters more for oil prices is how hard U.S. sanctions hit China, Iran’s biggest oil buyer, and whether Beijing pushes back.

Long queues formed at petrol stations in Tehran on Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission.The government has attributed the violence to

Iran’s status as an economic outcast is nothing new. It’s been a pariah in the eyes of much of the world for literally decades.

The U.S. plans to expand its war against Tehran with new sanctions, and Treasury Secretary Scott Bessent promised to punish anyone who trades with Iran. CBS News' Aaron Navarro reports.

Iran promised to retaliate against expanded U.S. economic sanctions ⁠that ⁠the Americans said would cut off Iran's economic lifeline, ⁠with Tehran expressing confidence that major trading partners would resist Washington's pressure campaign.

Treasury Secretary Scott Bessent's announcement Monday on Iran sanctions has raised questions over how they might be implemented. Meanwhile, Canada is set to announce retaliatory tariffs against the U.

Australian consumer prices rose more ​than expected in July as fuel and travel costs jumped, data showed on Wednesday, while core ‌inflation also exceeded forecasts and added to the risk of another hike in interest rates.

Local shares have handed back most of an early lead, after hotter-than-expected July inflation figures increased the odds of further interest rate hikes.

A key gauge of Japan's service-sector inflation rose 3.6% in ​July from a year earlier, data ‌showed on Wednesday, reinforcing the central bank's view that a tight labour market is ​pushing firms to pass rising ​costs on to consumers.

The annual inflation rate stood at 3.5% in July, the Australian Bureau of Statistics said Wednesday. Economists had expected inflation of 3.3%. The data comes amid repeated warnings from the RBA that inflation remains too high and that risks remain pointed upward.

Alibaba's top executives take it further as investors weigh concerns about dilution from a massive new share sale.

The purchase comes as BABA stock faces pressure from rising AI investments weighing on profits even as the equity placement fans dilution concerns.

The personal investments from Joe Tsai and Eddie Wu follow firm's 710 million share sale, one of China's largest AI fundraising efforts The top two executives at Alibaba Group Holding bought a combined HK$120 million (US$15.

The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending