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- Canadian Jet Maker Is Target in Trump’s Trade War
Bombardier has been embroiled in U.S. trade disputes before. President Trump threatened to bar the company from selling in the United States. [TheTopNews] Read More.12 mins ago - ‘60 Minutes’ Prepares for a High-Pressure Premiere After Its Turbulent Shake...Nick Bilton, the new executive producer, has begun to put his stamp on the show. Up first: an exclusive interview with an officer who was aboard the F-15 fighter shot down over Iran. [TheTopNews] Read More.26 mins ago
- Borrowers expecting mortgage rates to drop have hopes dashed
Major lenders have raised rates on new deals in recent days, leaving many borrowers needing to make a decision. [TheTopNews] Read More.27 mins ago - Oil Climbs Toward $100 a Barrel Following Houthi AttacksAnalysts said they expected the price of Brent crude, the international benchmark, to remain elevated for the rest of the year. [TheTopNews] Read More.41 mins ago
- Canada’s 20% tariffs on US goods like milk, steel and golf clubs take effe...
Canada's retaliatory tariffs kicked in just after midnight on roughly $20 billion worth of U.S. goods, setting up a high-profile trade standoff between President Donald Trump and Canadian Prime Minister Mark Carney.The escalatory actions come after trade talks collapsed at the 11th hour last month. Canada's tariffs put 15%, 25% or 50% duty across hundreds of American products — including steel, aluminum, dairy items like milk and cheese, golf clubs, appliances, clothing, and farm equipment. The affected goods account for about 6% of the $333.6 billion in exports the U.S. sent to Canada last year.Hours before the 12:01 a.m. ET tariffs kicked in, Trump intensified his attacks on Truth Social, threatening a complete ban on aircraft sales from Canadian manufacturer Bombardier, vowing fairness to Americans and continuing his narratives against the world using the U.S. as a "piggybank."TRUMP FIRES BACK AT CANADA AFTER CARNEY SUSPENDS TRADE TALKS, ACCUSES US OF LAST-MINUTE 'POWER PLAY'"NO MORE SELLING BOMBARDIER IN THE UNITED STATES! Their products aren’t good enough!" Trump wrote. "Over 50% of their revenue comes from the United States — They live off American Buyers, American Companies, American Airports, and American Service — All while Canada blocks our GREAT American Banks, and Companies, throughout the U.S.A."They even blocked Gulfstream Aerospace from doing business in Canada — Completely unjust and unfair! That Era is OVER! If they want our Market, they must build here, and stop treating America like a "piggybank." BUY AMERICAN. FLY ON AMERICAN AIRLINERS. ENJOY AMERICAN LIQUOR AND BEVERAGES. SAIL ON LAKE AMERICA. AMERICA FIRST!"Canada has already gone beyond tariffs in other ways. Eight of its ten provinces continue to restrict or ban sales of U.S. alcohol. The Distilled Spirits Council says U.S. spirits exports to Canada fell more than 70% year over year after those restrictions took effect.Trump issued a warning late last week that Canada making Trump "the enemy" would prove dangerous."It is very good for Canadian Politicians like Prime Minister Carney to make President Donald J. Trump "the enemy," until their Economy collapses, then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician," Trump wrote on Truth Social. "Just watch!"Vice President JD Vance warned Canada against punishing farmers in border states like Maine with tariffs on agricultural goods, while accepting U.S. military security and treating China better than the U.S. on trade."They treat Chinese goods more fairly… [TheTopNews] Read More.42 mins ago - Bank of America pledges support for veterans, first responders ahead of 25th ann...Bank of America is expanding its financial commitment to military veterans, first responders and 9/11 memorial organizations nationwide as the country prepares to mark the 25th anniversary of the September 11 terrorist attacks.Headlining the corporate giving initiative is a new $250,000 commitment to the Tunnel to Towers Foundation's "Veteran Villages" project. The initiative delivers permanent housing alongside comprehensive support services to homeless and vulnerable veterans across 14 U.S. markets, including Las Vegas, Detroit, Buffalo, Charlotte, Long Island and New Jersey. As part of the deployment, corporate employees will assemble 3,000 "Welcome Home" care kits for veterans entering these facilities."Bank of America’s support for our Veteran Villages will change the lives of veterans who have struggled after returning home, providing them with a safe place to live and the support they need," Frank Siller, chairman and CEO of Tunnel to Towers Foundation, said in a statement. "We’re grateful for their commitment to make sure no veteran is left behind on the streets of the country they served."TUNNEL TO TOWERS FOUNDATION AND ANHEUSER-BUSH DEEPEN PARTNERSHIP AHEAD OF 9/11 25TH ANNIVERSARYThe institutional sponsorship expands on more than $160 million in cumulative support Bank of America has funneled toward military service members and emergency responders over the past 15 years.BANK OF AMERICA UNVEILS $250B INITIATIVE TO MODERNIZE US INFRASTRUCTURE"September 11 is a deeply significant part of our shared history," said Brian Moynihan, chair and chief executive officer of Bank of America. "As we remember those who lost their lives and recognize all who responded in service and sacrificed so much, we are continuing our longstanding support for first responders, veterans, military service members and the organizations that serve them."On the cultural and historical front, the banking giant is stepping in as lead sponsor for the National September 11 Memorial & Museum’s new exhibition, "In Their Honor: 25 Years of 9/11 Inspired Service." A $1 million allocation brings Bank of America's lifetime backing for the museum past $20 million. Additionally, the bank is releasing $100,000 in refreshed funding for the National 9/11 Pentagon Memorial ahead of a groundbreaking ceremony for its new Visitor Education Center in Washington, D.C.In Manhattan, the bank is co-sponsoring the "Chairs of Remembrance" visual installation in Bryant Park, which displays 2,753 vacant chairs pointing south to symbolize the victims lost at the World Trade Center site. Tied to that display, the firm is granting $75,000 split evenly among the New York… [TheTopNews] Read More.1 hour ago
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