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FOX Business’ Edward Lawrence shares highlights from Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium.

OTTAWA : Canada will slap hefty tariffs on imports of Chinese electric vehicles, steel and aluminum, positioning itself with allies including the U.S. to protect domestic manufacturing. Finance Minister Chrystia Freeland on Monday unveiled a range of measures she said are aimed at leveling the playing field for Canada’s EV industry and steel and aluminum producers to protect them from unfair competition from Chinese companies.

The energy transition challenge, often presented as a singular issue of greening our energy sources, is far from a one-dimensional problem. As with all public policy situations, the challenge is not amenable to a well-defined problem statement or an elegantly crafted solution. Two recent stories underscored the complexity of the task at hand.

China's Ministry of Commerce said on Sunday it strongly opposed a U.S. decision to add multiple Chinese entities to its export control list over Russia-related issues. The United States on Friday added 105 Russian and Chinese firms to a trade restriction list over their alleged support of the Russian military. The companies — 42 Chinese, 63 Russian and 18 from other countries — were targeted for reasons from sending U.S. electronics to Russian military-related parties to producing thousands of Shahed-136 drones for Russia to use in its invasion of Ukraine.

Let's start with the elephant in the room — artificial intelligence (AI) and machine learning (ML). These powerful tools are no longer limited to science fiction; they're definite reality, and savvy investors are scrambling to get in on the action. A recent survey revealed that a staggering 71% of young investment professionals are actively seeking expertise in AI and ML, recognizing their potential to refine portfolio allocation, generate alpha, and uncover insights buried deep within mountains of data.

Nigerian development swallows rural areas where herders live and graze cattle.

iPhone 16 and iPhone 16 Plus from rumours and leaks so far. Please note that these are not confirmed specs and could change before the launch.Rumours have it that Apple is planning to make a few changes to the design of the iPhone 16.

Wellington-Altus Private Wealth chief market strategist Jim Thorne argues the Fed must quickly get inflation to its neutral rate on Making Money.

rate cuts are most likely to start from its September meeting. «Indian markets are expected to follow gains seen in the US stock market, as the likelihood of a „soft landing“ for the global economy increases amid signs of economic softening. A potential rate cut by the Fed would likely boost market sentiment and drive up stock prices,» said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.

Even as the trains start to chug again along Canadian railways, there are fears of another labour dispute among pilots at Air Canada grounding jets across the country in just a few weeks’ time.

The U.S. has imposed sweeping sanctions against hundreds of firms across Russia, Europe, the Middle East and Asia, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions

Chinese coast guard ship have fired water cannons, blocked and rammed a Philippine fisheries vessel in the disputed South China Sea, where hostilities between the Asian neighbors have flared alarmingly at sea and spread into the air in recent weeks

Lenovo has reportedly fired a computer salesman from the company for reportedly urinating in a hotel's lobby. Now the employee has sued the company for whopping $1.5 million. Richard Becker, 66, was fired after he urinated in a Times Square hotel lobby due to a bladder condition. Now, he has accused the company of discrimination based on disability, according to a lawsuit filed last Friday in New York State Supreme Court. The incident took place in February, after Becker attended a work-related dinner and returned to his hotel near New York's bustling Times Square. Overcome by an urgent need to relieve himself due to his chronic bladder condition, Becker claims he was forced to use a vestibule located on a separate floor from the main lobby. Although Becker's condition was well-known among his colleagues and managers at Lenovo, a coworker allegedly witnessed the incident and reported him to human resources. The lawsuit suggests that this coworker acted «out of spite and malice,» even though Becker’s actions, according to the filing, «caused no harm to anyone whatsoever.»

If you want to understand the banking industry over the long term, one of the most important principles to learn is that of the “regulatory pendulum”.  Things come and go, every action has an eventual reaction.  Deregulation brings speculation, speculation causes crisis, crisis leads to harsh regulation.  But after a while, every financial centre realises that they might be able to steal a bit of market share by relaxing the rules a little bit, and the deregulatory cycle begins to turn again.

Kerala Governor Arif Mohammed Khan on Sunday said that he would like to trust Chief Minister Pinarayi Vijayan when he said that if the victims of sexual abuses in the Malayalam film industry come forward then the process of law will be set in motion. The Governor was reacting to the questions related to the Hema Committee report that revealed sexual abuses in the Malayalam film industry. The Opposition in Kerala has asked for an investigation into the revelations in the report. «I think the chief minister on record said that if they come with specific complaints, the process will be set in motion. He has already said it. I am not saying anything because I do not deal with the subject,» Khan said.

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Overcooked 2, a 2018 title by small British developers Team17 and Ghost Town Games. Despite having won ‘The Game Award’ and nominated for BAFTAs, this title remained little-known among gamers for the longest time. It has now emerged as a gem of a family game that lets multiple players, including those with no interest in cooking, enjoy time together.

Netflix's "One Piece" live action season 2 cast is set to have a prominent actress from "Bridgerton Season 2". Charithra Chandran, who plays the role of Edwinda Sharma in 'Bridgerton' Season 2, will portray the role of Nefertari Vivi with a codename Miss Wednesday in «One Piece» live action. Meanwhile, the Regency-era drama 'Bridgerton' is adding a fresh twist to its romantic narrative by casting Korean-Australian actress Yerin Ha for its highly anticipated fourth season. The 29-year-old actress will step into role of Sophie Beckett the love interest of Benedict Bridgerton, portrayed by Luke Thompson, according to E! News.