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THE TRUTH ABOUT: 23 - The Untold Story

US–Canada Trade Deal Collapses As Trucks Trigger 50% Tariffs Shock

Automakers on both sides of the border now face 50% tariffs on roughly $20 billion in Canadian exports after light and heavy vehicle rules split negotiators.

Motor1

Walmart Fell 9%. I’m Not Sure This Is Just a Walmart Problem

Walmart’s 9% drop may be less about a broken business and more about a consumer becoming increasingly selective with every dollar.

Barchart

Oil falls ahead of US announcement on new Iran sanctions

Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil the most stringent sanctions to date. Meanwhile, Iran's…

The Economic Times

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Gold prices rise Rs 8,200/10g in 4 days; silver falls Rs 1,800/kg ahead of US inflation data. Buy, sell or hold?

Gold extended its winning streak on MCX, rising for a fourth straight session, while silver snapped a three-day rally as investors tracked the dollar and awaited key US inflation data and Federal Reserve Chair Kevin Warsh’s speech. Analysts expect precious metals to remain volatile, with key support and resistance levels…

The Economic Times

US billionaires are piling millions into Argentina's Shale boom, here’s what is driving it

American billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 billion joint venture with Mercuria Energy Group. Peter Thiel's hedge fund acquired a significant stake in Vista Energy, a leading producer. These investments follow President Javier Milei's economic reforms and deregulation. Vaca…

The Economic Times

Nvidia reportedly warns biggest customers of 15% price hikes on AI servers — memory costs continue to soar

The increases will take effect on Grace Blackwell and Vera Rubin systems shipping early next year.

Tom’s Hardware

PlayStation Blackout Movement: Fans Boycott Logins, Purchases, Services Due to Disc Phaseout

Fans have started a new PlayStation Blackout movement which has users boycotting logins, purchases, and services of the platform.

Player One

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Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?

US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose "the toughest sanctions in history" on Iran. US President Donald Trump has also threatened sanctions against countries trading with Iran.

The Economic Times

Nearly 40,000 Bottles of Clear Eyes Itchy Eye Relief Are Recalled Nationwide Over a Sterility Failure

Prestige recalled 39,060 bottles of Clear Eyes Maximum Itchy Eye Relief due to a lack of sterility assurance. Check lot 2552A in your cabinet.

Medical Daily

California's Insulin Program Still Has No Vials, No Fast Acting Product and No Factory of Its Own

CalRx sells $55 insulin pens, but vials, rapid-acting insulin, and state manufacturing are all still pending. Here is what exists now.

Medical Daily

Logitech faces lawsuit for withholding $61M in tariff refunds from customers — lawsuit claims company extracted up to $97M from consumers in 2026 through tariff-justified price increases

Consumers who bought products from Logitech after it increased its prices due to tariffs still haven't received their refunds, even after the U.S. government returned $61 million to the company. Now they're suing for their refunds, saying that 'Company extracted approximately $73 million to $97 million from consumers.'

Tom’s Hardware

Is there a pending AI ‘debt bomb’ crisis? No. This isn’t Enron 2.0

Fears of a datacenter buildout debt crisis are exaggerated. The risks are different than in the past and they are recoverable

The Guardian - US

Disney Greed? Spousal Insurance Reportedly Axed in 'Extreme, Nothing-Else-Can-Work Solution' to Save Cash

Disney will stop covering some US employees' spouses on its medical insurance from next year, a cost-cutting move that experts warn is an 'extreme' step.

International Business Times UK

The House Needs a New Roof: Should You Replace It Before Selling?

A roof that has seen better days can turn a straightforward home sale into a negotiation circus. Before spending a small fortune on shingles, flashing, underlayment, and the inevitable “while we’re at it” repair, sellers need to decide whether a new roof will actually help the sale or simply make…

Everybody Loves Your Money

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The Guardian - AU

Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods

Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political

Clever Dude

Your House Is Paid Off at 55 — What Should You Do With the Money That Used to Go to the Mortgage?

Paying off a house at 55 feels like reaching the top of a very long financial staircase and discovering nobody handed you a bill for the next step. The mortgage payment disappears, but that does not mean the money should suddenly disappear into restaurants, gadgets, weekend trips, and a suspicious…

The Economic Times

Trump told Lula that officials should meet soon to discuss tariffs, Brazil says

Brazilian and U.S. presidents spoke by phone regarding recent tariffs imposed on Brazilian goods. Lula reiterated that negotiations are the best way to resolve the ongoing trade dispute. Trump suggested officials from both countries meet as soon as possible to discuss matters. The tariffs would harm both economies and cited…

TechRadar

Google's $10 million bid to buy old business data from Spirit Airlines so it can use it to train AI has hit turbulence

One corporation's old business data could be another's AI treasure

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Saving Advice

What Does a “Comfortable Retirement” Actually Cost When the House Is Already Paid Off?

Paying off the mortgage before retirement sounds like crossing the biggest expense off your list, and it certainly can transform a household budget. But a...

The Independent UK

Canadian PM says country ‘at war’ with US on trade and fires back at Trump’s 50% tariffs with retaliatory measures

Carney said the equivalent dollar-for-dollar counter-tariffs will focus on sectors such as dairy, steel, household appliances, farming equipment, electronics, and pulp and paper

The Times of India

Can Carney keep up? Canada cancels trade talks with US - what's at stake

Canada and the United States were close to a trade deal this week. Then the negotiations collapsed. Canadian Prime Minister Mark Carney walked away from the talks, saying Washington had “asked too much and offered too little”. Hours later, US President Donald Trump followed through with 50% tariffs on about…

We Got This Covered

‘The danger is really retaliation’: Canada and US teeter on trade war as talks collapse. Beer and cheese are among the goods facing 50% tariffs

A “body blow to North American competitiveness in this self-defeating trade saga.”

The Economic Times

A trade war between Canada and the US deepens rupture in what had been a close and durable alliance

Canada and the US are heading towards a potential full-scale trade war after last-ditch tariff negotiations collapsed, marking a major break in their decades-old economic relationship.

Tom’s Hardware

Back-to-back Amazon CPU scam delivers empty Ryzen 5 9600X boxes in 72 hours — $ 10,000-a-month business customer captures fraud on camera

A PC shop that spends over $10,000 a month on Amazon hardware says two AMD Ryzen 5 9600X orders arrived with the CPUs missing.

The Economic Times

Bitcoin surges 23% in 1 week to trade nearly $78K as liquidity hopes, ETF inflows boost crypto markets

Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks and reduced Fed tightening hopes boosted sentiment. Analysts flagged improving institutional participation, though profit-taking and long-term holder selling remain key risks.

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Luiz Inacio Lula da Silva

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