The sharpest business development is the breakdown in U.S.-Canada trade talks and the immediate turn to tariffs. Washington begins imposing 50% duties on $28 billion in Canadian goods after a deadline passes without agreement, and Prime Minister Mark Carney says Canada is suspending negotiations and will answer with retaliatory tariffs on a dollar-for-dollar basis.

Bond-market moves are drawing wider political and public attention because they feed directly into everyday finances. Shifts in yields and interest-rate expectations influence mortgage costs, business borrowing, credit conditions, and the returns people receive on savings and retirement holdings, giving bond investors an outsized role in the broader economy.

Russia is framing attacks on economic assets as a new phase of the war’s business fallout. After Ukrainian drone strikes on Russian economic infrastructure, President Vladimir Putin warns that Ukraine has crossed a line and says Russia will respond by targeting what he describes as Ukraine’s most sensitive economic sectors.

One of the latest Ukrainian drone attacks hits a warehouse owned by Russian online retailer Ozon in the Samara region, underscoring how logistics and commerce are increasingly exposed to the conflict. The wider wave of strikes also causes deaths and damage to industrial and distribution sites in Russia, though casualty counts differ.

A media merger fight spills into a public cultural and corporate clash as Paramount accuses Mark Ruffalo of using antisemitic tropes in his criticism of the proposed Paramount-Warner Bros. Discovery deal. The exchange intensifies scrutiny of the merger and shifts attention from transaction details to the rhetoric surrounding the dispute.