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Canada demand for trucks tariff relief imperiled trade talks
3+ week, 8+ hour ago (471+ words) Trade talks between the US and Canada collapsed Friday in part amid a last-minute standoff over cutting US tariffs on Canadian medium- and heavy-duty vehicles, people familiar with the matter said. Both countries had the outline of a deal, which…...
The 10 most and 10 least expensive cities to own a home and pay for childcare
3+ week, 17+ hour ago (453+ words) Buying a home already comes with plenty to consider, like price and location, but if you have children or plan to start a family, childcare should also be part of the equation. Some parents pay upward of $45,000 a year in…...
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June
3+ week, 3+ day ago (393+ words) Bitcoin has found some relief after months of selling pressure. On Wednesday, the cryptocurrency jumped nearly 6% to over $69,000, reclaiming a level it had not touched since early June. The jump came right after the Treasury Department announced that it would…...
Washington’s $40 trillion milestone
3+ week, 4+ day ago (363+ words) The national debt is poised to reach $40 trillion this week, months ahead of Congressional Budget Office projections. This follows the federal government’s eye-popping report of a $432 billion deficit for July, the highest monthly level since the coronavirus pandemic. The excuses…...
Eric Schmidt is selling his superyacht
3+ week, 4+ day ago (310+ words) If you’re in the market for a shiny new toy, Eric Schmidt’s superyacht is for sale. Whisper, which the billionaire former Google CEO purchased from Shahid Khan in 2023, is listed for $172.5 million. Built by the German shipyard Lürssen, which also…...
U.S. debt is set to hit $40 trillion, months earlier than expected, as bond yields rise
3+ week, 4+ day ago (946+ words) The U.S. national debt is likely to surpass $40 trillion this week, months earlier than forecasters previously expected, in part because of billions of dollars in lost revenue from President Donald Trump’s invalidated tariffs. The lost revenue has forced the Treasury Department…...
U.S. debt set to hit $40 trillion months earlier than expected
3+ week, 4+ day ago (927+ words) The U.S. national debt is likely to surpass $40 trillion this week, months earlier than forecasters previously expected, in part because of billions of dollars in lost revenue from President Donald Trump’s invalidated tariffs. The lost revenue has forced the U.S. Treasury…...
The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls
3+ week, 4+ day ago (980+ words) Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for key shipping bottlenecks worldwide, creating more global inflation and effectively killing key components of international maritime law. As Iran insists on some…...
My parents thought I was wasting my life playing video games. I became a millionaire by 27.
3+ week, 5+ day ago (540+ words) This as-told-to essay is based on a conversation with Dima Beseda, cofounder of Spiry. It has been edited for length and clarity. I was only 3 when my dad brought our first computer into the house, but it changed my life....
Fury at Health Insurers Persists After the Killing of a Company Executive
4+ week, 1+ day ago (936+ words) The murder of Brian Thompson, the UnitedHealthcare executive, in late 2024 unearthed a torrent of public outrage against the health insurance industry. And since then, Americans’ anger has solidified into deep mistrust of the companies. Much of the current dissatisfaction stems…...