Kate Bullivant

On Fox News, Republican House Speaker Mike Johnson said Democrats could cast a vote to keep the government open or take the blame for shutting it down. President Trump's trade team will meet with Canadian Finance Minister Dominic LeBlanc and Ontario Premier Doug Ford in Washington today amid the escalating trade war between the longtime allies.

Canada's reciprocal 25% tariffs on more than $20 billion in US imported goods, such as steel, aluminum and computers, came into effect at midnight. Incoming Canadian Prime Minister Mark Carney said he plans to continue Canada's strategy of responding to Trump's tariffs with targeted duties of its own. He'll be sworn in on Friday.

Canada's reciprocal 25% tariffs on more than $20 billion in US imported goods, such as steel, aluminum and computers, came into effect at midnight. Incoming Canadian Prime Minister Mark Carney said he plans to continue Canada's strategy of responding to Trump's tariffs with targeted duties of its own. He'll be sworn in on Friday.

After losing a large number of their population during the pandemic, cities like New York, Chicago and Los Angeles are growing again and at a faster pace than previously thought. New Census Bureau estimates released today show that in the year ended in June, most growth occurred in metro areas, where 86% of the US population lives.

After losing a large number of their population during the pandemic, cities like New York, Chicago and Los Angeles are growing again and at a faster pace than previously thought. New Census Bureau estimates released today show that in the year ended in June, most growth occurred in metro areas, where 86% of the US population lives.

Economics reporter Conrad Puzier says cities are being boosted by immigration in particular.

Economics reporter Conrad Puzier says cities are being boosted by immigration in particular.

A federal judge has said that Mahmoud Khalil, the Columbia University student arrested after his participation in pro-Palestinian demonstrations, would remain in Louisiana for now. Yesterday's order comes as Khalil's lawyers push for him to be returned to New York as soon as possible to have better access to their client and to allow Khalil's wife, who is eight months pregnant, to visit him.

A federal judge has said that Mahmoud Khalil, the Columbia University student arrested after his participation in pro-Palestinian demonstrations, would remain in Louisiana for now. Yesterday's order comes as Khalil's lawyers push for him to be returned to New York as soon as possible to have better access to their client and to allow Khalil's wife, who is eight months pregnant, to visit him.

Lawyers for the government argue that the case shouldn't be decided by a judge in New York but rather in New Jersey, where he was first booked and processed, or in Louisiana, where he was transferred this past weekend. In market news today, shares in Intel have rallied in off-hours trading after the semiconductor company named Litbu Tan as its new chief executive.

Lawyers for the government argue that the case shouldn't be decided by a judge in New York but rather in New Jersey, where he was first booked and processed, or in Louisiana, where he was transferred this past weekend. In market news today, shares in Intel have rallied in off-hours trading after the semiconductor company named Litbu Tan as its new chief executive.

Tan is a career venture capitalist and former Intel board member with more than 20 years of chip and software experience. Intel shares have lost more than half their value over the past year as the one-time industry-leading semiconductor manufacturer has underperformed both the market and its competitors. though deal speculation has helped push shares up so far this year.

Tan is a career venture capitalist and former Intel board member with more than 20 years of chip and software experience. Intel shares have lost more than half their value over the past year as the one-time industry-leading semiconductor manufacturer has underperformed both the market and its competitors. though deal speculation has helped push shares up so far this year.

New data from the Treasury Department shows that the gap between federal revenue and government spending widened to $1.15 trillion in the first five months of the fiscal year. That marks a record for the October through February period. The biggest increases in spending came from interest paid on public debt, which rose by 10% in the current fiscal year.

New data from the Treasury Department shows that the gap between federal revenue and government spending widened to $1.15 trillion in the first five months of the fiscal year. That marks a record for the October through February period. The biggest increases in spending came from interest paid on public debt, which rose by 10% in the current fiscal year.

Higher tax credits and military and security spending also jumped. And later today, markets will get another inflation update when the Labor Department releases February's producer price index. Yesterday, data showed consumer prices were up 2.8% last month from a year earlier, a lower than expected reading, although there is concern from analysts and on Wall Street

Higher tax credits and military and security spending also jumped. And later today, markets will get another inflation update when the Labor Department releases February's producer price index. Yesterday, data showed consumer prices were up 2.8% last month from a year earlier, a lower than expected reading, although there is concern from analysts and on Wall Street

that tariffs could continue to push prices higher. PPI is due out at 8.30am Eastern. Coming up, China's relentless campaign to extend its power across Asia is blurring the lines between war and peace. We take a look at this grey zone after the break. In the middle ground between war and peace lies the grey zone.

that tariffs could continue to push prices higher. PPI is due out at 8.30am Eastern. Coming up, China's relentless campaign to extend its power across Asia is blurring the lines between war and peace. We take a look at this grey zone after the break. In the middle ground between war and peace lies the grey zone.

It's a domain of boundary pushing that tests the limits of what your opponents consider tolerable. And it's a strategy that journal chief correspondent Naharika Mandana reports China has been embracing across a swath of Asia as it looks to cement its power. Naharika, let me just say first off, for our journal subscribers, I think it's worth checking out the link to your story.