Ontario Premier Doug Ford said he achieved his "goal" last week after his viral anti-tariff ad featuring former President Reagan prompted President Trump to cancel trade negotiations with Canada.
The big picture:Trump last week also vowed to raise Canada's tariffs by 10% over the ad, which was taken down Monday after drawing more than 1 billion views.
Over 4,000 flights were delayed on Monday as bad weather and air traffic control shortages created the perfect storm for flight interruptions.
Why it matters: As the second-longest government shutdown enters its fourth week without a clear end in sight, the delays could impact winter holiday travel.
The chair of Tesla's board is exhorting shareholders to endorse the company's proposed pay package for CEO Elon Musk, saying that Musk could leave if it isn't approved.
Why it matters:Musk insinuated last week during the company's quarterly earnings call that he doesn't want to devote time to building an "enormous robot army" without what he views as adequate control over the company.
While members of Congress have brushed off the possibility of President Trump running for a third term, his public comments are full of mixed messages.
Why it matters: The Constitution explicitly prohibits a president from seeking a third term, but some MAGA loyalists have publicly floated the idea, and Trump 2028 campaign merch hints that the concept is still alive and well in conservative circles.
With Federal Reserve chair Jerome Powell's term coming to an end in May, the decision of who will become the world's most important central banker is nigh — and President Trump faces one of the most consequential personnel decisions of his term.
The big picture: Trump will be deciding among Fed chair candidates with varying personal relationships with the president, levels of experience with the Fed system and Washington politics, and Wall Street perception.
Hiring is under pressure, prices are still rising and tariff uncertainty remains. Goldman Sachs hopes to address these challenges this week during its 10,000 Small Businesses Summit in Washington, D.C., a mini-MBA for small-business owners.
Why it matters: Small businesses are the largest employers in the country, and Goldman hopes that its program can keep them on track amid a murky macro backdrop.
A U.S. Navy helicopter and a fighter jet crashed in the South China Sea in two separate incidents within 30 minutes of each other on Sunday, the Navy's Pacific Fleet said.
The big picture: The crews of both the MH-60R Sea Hawk helicopter and the F/A-18F Super Hornet fighter that crashed 30 minutes later were all "safe and in stable condition" and "the cause of both incidents is currently under investigation," per U.S. Pacific Fleet posts to its social media channels.
Data went dark this month. The government shutdown is halting the collection and release of statistics tracking the job market, public health and crop production, as well as other economic indicators.
Why it matters: The numbers are critical for understanding what's happening in the U.S., particularly at a moment of rapid change in both government policies and in the job market.
Treasury Secretary Scott Bessent — whose net worth is estimated at more than $500 million — on Sunday said he was sharing in the pain of the farm export crisis as a soybean farmer himself.
Why it matters: China has cut off purchases of U.S. soybeans amid the trade war, depriving farmers of their largest export market and an estimated $13 billion in annual sales.
The U.S. will not lose money on its massive bailout of Argentina, Treasury Secretary Scott Bessent said Sunday, despite the continued weakening of the Argentine currency.
Why it matters: American intervention in Argentina's economy so far hasn't paid off, with the peso falling to record lows despite unprecedented levels of support.
The U.S. has worked out a "framework" trade deal with China that will avoid a threatened additional 100% in tariffs, Treasury Secretary Scott Bessent said Sunday.
Why it matters: The news will come as a huge relief to financial markets, which feared an escalation of the trade war, and to businesses, which worried about an unimaginable surge in their costs.
Immigration raids in California's Coachella Valley — a key source of the nation's produce — have upended daily life, keeping parents from fields, children from school and multiple families crowded into shared homes.
Why it matters: Fear in one of the country's poorest regions shows how the Trump administration's immigration crackdown is shaking a vulnerable labor force, mostly undocumented, overwhelming churches and food banks.
