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.
Here's a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.
The 927-page annual financial disclosure form shows Trump's purchases and sales of hundreds of companies' stocks, including Nvidia, Amazon and Microsoft.
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.
Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing
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.
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
General Motors' second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
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.
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June — but were largely outperformed by their international counterparts.
The House Judiciary Committee said the South Korean government discriminated against Coupang and other U.S. companies, in a new report.
U.S. stocks just keep winning, with the Nasdaq closing out its best quarter since 2020. Across the globe in China, things couldn't be more different.
Despite return-to-office policies, the share of employees working from home increased in 2025 from the year before, according to the latest BLS data.
The U.S. Department of Commerce lifted the export controls on Anthropic's Fable 5 and Mythos 5 models
The spread between the 30-year fixed-rate mortgage and adjustable-rate loans is narrowing, causing demand for ARMs to weaken.
Trump's 927-page financial disclosure report for 2025 totals more than 900 pages detailing holdings in cryptocurrency and stocks.
British defense stocks are marching higher once again after the U.K. confirmed a near-$20 billion military spending boost on Tuesday.
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.