U.S. won’t renew USMCA, opening door for negotiations with Canada and Mexico
President Donald Trump's "primary" issue with USMCA centers on America's trade deficits with Canada and Mexico, a senior administration official said.

President Donald Trump's "primary" issue with USMCA centers on America's trade deficits with Canada and Mexico, a senior administration official said.
Trump’s ties to FIFA and Gianni Infantino face new scrutiny as the World Cup enters the knockout round and European lawmakers press over a Peace Prize complaint.
Here's a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.
Fuel surcharges at Japan Airlines and All Nippon Airways increased Wednesday, despite falling jet fuel costs in Asia.
The House Judiciary Committee said the South Korean government discriminated against Coupang and other U.S. companies, in a new report.
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
Ives said the new firm will seek to build what he described as a "modern merchant bank."
Lamborghini is calling the new Urus SE Performante the "fastest Super SUV in the world."
Companies are realizing artificial intelligence can't do everything after all, prompting them to rehire employees to grow their businesses
The 927-page annual financial disclosure form shows Trump's purchases and sales of hundreds of companies' stocks, including Nvidia, Amazon and Microsoft.
Second-quarter U.S. new vehicle sales show a sharp divide, with automakers offering hybrid models largely outperforming those without them.
CNBC’s Jim Cramer said investors should use the latest market rotation to buy some of the biggest winners they may have missed.
Trump's policy that narrowed eligibility for a popular student loan forgiveness program will not go into effect, after two federal judges blocked the rule.
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
Outright shorting bitcoin or high-beta crypto equities after a steep decline carries immense tail risk.
The stock's struggles in 2026 had been due to concerns about its aggressive AI spending.
The Supreme Court on Monday denied a request by President Donald Trump that it review a jury's verdict that he sexually abused and defamed the writer.
Karp says skyrocketing token costs are forcing companies to choose open-weight models and prioritize efficiency over so-called tokenmaxxing
Medicare has started covering obesity drugs for the first time – and companies like Walmart and CVS Health are playing an important role for patients.
The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.
Speculators on the prediction market platform give less than 30% odds to inflation peaking above 4.2% in 2026.
A major issue for automakers is the deal's rules of origin, which determine where a product comes from and which goods are eligible for preferential treatment.
PlayStation will end physical disc production for new games in 2028, the company announced Wednesday morning.
Why the $20,000 new car disappeared, and what budget-conscious buyers can expect today.