Economics

The U.S. Supreme Court rejected on Monday a request by American Airlines to overturn a judicial decision that found that the company’s now-scrapped U.S. Northeast partnership with JetBlue Airways violated federal antitrust law.

Iranian-affiliated hackers may target U.S. companies and critical infrastructure infrastructure operators, particularly defense organizations with holdings or relationships with Israeli research and defence firms, according to an advisory from U.S. government officials Monday.

After the federal government repealed a digital services tax that targeted U.S. tech companies, an expert on foreign affairs said it was more important for Canada to secure an economic and security deal for Canadian workers and businesses than to keep the tax in place.

U.S. Commerce Secretary Howard Lutnick thanked Canada on Monday for dropping its digital services tax in a move to resume trade negotiations with the United States.

The U.S. Supreme Court turned away Exxon Mobil Corp’s bid to overturn a $14.25 million civil penalty that a judge imposed in a long-running lawsuit over air pollution at its Baytown, Texas, crude oil refinery on Monday.

Here are six things you need to know this morning.

Allan Small, Senior Investment Advisor at Allan Small Financial Group, IA Private Wealth, joins BNN Bloomberg to discuss his outlook on the markets.

Parcel giant FedEx said on Monday that it reinstated its services to and from Israel on June 27 after previously halting all pickups amid heightened flight safety risks in the Middle East.

Prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation, according to an analysis of 1,400 different products conducted exclusively for Reuters by the analytics firm DataWeave, a sign that tariffs are starting to hit American consumers.

Wall Street brokerages began coverage of stablecoin issuer Circle Internet Group on Monday with broadly bullish ratings, though some analysts voiced concerns about its elevated valuation after the stock more than doubled since its market debut.

Futures tracking the S&P 500 and Nasdaq touched record highs on Monday, as optimism over U.S. trade negotiations with its key partners helped support upward momentum in markets.

Efforts to boost interprovincial trade have kicked into high gear amid the U.S.-Canada tariff war.

As the U.S. government takes big steps to usher cryptocurrency into mainstream finance, one of the world’s biggest crypto exchanges is urging the Canadian government to match and exceed those efforts, even as concerns mount.

Federal and provincial leaders are working to dismantle internal trade barriers that push up the cost of goods and make it harder to do business within Canada.

Liquor sales are down this year in Canada amid persisting economic uncertainty and a collapse in imports of beer, wine and spirits from the U.S.