Paul Jackson

US Targets Canada With 50% Tariffs on Key Goods

The US-Canada trade fight just escalated The US administration signed three proclamations Monday that would impose 50% tariffs on a wide range of Canadian goods, marking a major escalation in trade tensions between Washington and Ottawa. The proposed duties are

Oil Slips as Iran Talks Raise Hopes of De-Escalation

Diplomacy cooled the oil trade, but did not erase the risk Oil prices turned lower Monday after Iran signaled that negotiations with the US could still be pursued if they aligned with Tehran’s national interests. The comment gave crude traders

AMD Launches Helios to Challenge Nvidia in AI Racks

AMD is finally moving from chip supplier to AI systems rival Advanced Micro Devices is preparing to ship Helios, its first rack-scale artificial intelligence system, in what may be the company’s most direct challenge yet to Nvidia’s dominance in the

Copper Faces Acid Squeeze as IEA Flags Supply Risks

Copper’s bull case is still intact, but the path looks messier Copper’s long-term story remains one of the strongest in the commodities market, but the near-term supply picture has become more complicated. The International Energy Agency warned in its Global

Eli Lilly Moves Deeper Into Psychedelic Medicine With $3.8 Billion Deal

Lilly is making a larger bet on depression treatment Eli Lilly is moving deeper into neuroscience with a deal to acquire AtaiBeckley, a clinical-stage biopharmaceutical company developing experimental therapies for treatment-resistant depression. AtaiBeckley stock jumped 30% in pre-market trading Thursday

BlackRock Crosses $15 Trillion In Assets Under Management

BlackRock’s scale advantage is getting harder to ignore BlackRock crossed $15 trillion in assets under management in the second quarter, a milestone that reinforces how much capital continues to concentrate around the world’s largest asset-management platforms. The company’s stock rose

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