President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if no trade deal is reached. Honda warned such an increase would be catastrophic for the broader auto industry.
Markets overwhelmingly expect the Federal Reserve to leave its benchmark interest rate unchanged this week, following an increase in September. Fed policymaker Kevin Warsh has signaled that further hikes could follow if inflation pressures persist.
A federal judge has fast-tracked the Justice Department's lawsuit over Alaska's Senate race ahead of Election Day. Mary Peltola is seeking dismissal of the case, whose outcome could decide control of the Senate.
Nvidia will invest $3 billion directly in Meta Platforms, deepening ties between the two AI giants. The move is part of Meta's plan to raise $95 billion for artificial intelligence infrastructure.
DoorDash is in talks to acquire grocery-delivery rival Instacart in a deal worth roughly $17 billion, a person familiar with the matter told the Wall Street Journal. A combination would unite two of the largest U.S. on-demand delivery platforms as competition from Walmart and Amazon intensifies.
The U.S. Department of Justice has filed a new indictment against former FBI Director James Comey, the third attempt to prosecute him since President Donald Trump fired him in 2017. Comey has repeatedly denied wrongdoing, and earlier charges against him were dismissed by federal judges.