Skip to main content

Featured

3 Days to Go: What Actually Changes at the Checkout When Canada's Retaliation Tariffs Hit Sept. 8

  Published September 5, 2026 At 12:01 a.m. on Tuesday, September 8, Canada's counter-tariffs on roughly $27.6 billion worth of American imports take effect. Ottawa named six sectors when it announced the move: steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. But the actual list of taxed items — the one that determines what you pay at checkout — is narrower than those sector names suggest, and mixing the two up is the easiest way to overpay or miss out on a real deal this weekend. Here's what's really on the list, what isn't, and what the last round of this exact policy tells us about how much prices actually move. What It Means for You If you're planning to buy a U.S.-made fridge, washer, dryer, cooking range, or smartphone, doing it before Tuesday could save you real money. If you're eyeing a dishwasher, laptop, or TV, the "beat the tariff" urgency doesn't apply — those products aren't on the September 8 list...

article

GameStop Soars Amid Meme Frenzy, Dow Snaps Winning Streak

US stocks experienced a mixed session on Monday, with the Dow Jones Industrial Average snapping its impressive eight-day winning streak. Meanwhile, meme stocks made a comeback, led by GameStop (GME), which saw a significant surge. Here’s a summary of the key market movements:

Dow Jones Industrial Average (DJI)

  • The Dow Jones Industrial Average (^DJI) closed down 0.2%, ending its eight-day winning streak.
  • Investors largely adopted a wait-and-see approach, with attention focused on an upcoming inflation report that could signal potential interest rate cuts.

GameStop (GME) and the Meme Stock Rally

  • GameStop shares jumped a remarkable 74%, adding to the recent run-up for the video game retailer.
  • The resurgence in GameStop’s stock price was triggered by the return of “Roaring Kitty,” the retail trader who played a pivotal role in the 2021 meme stock craze. Keith Gill, known as “Roaring Kitty,” had been bullish on GameStop and contributed to the stock’s meteoric rise last year.
  • Other meme stocks also rallied, including AMC Entertainment (AMC), Tupperware Brands (TUP), and BlackBerry (BB).

Nasdaq Composite (IXIC) and S&P 500 (GSPC)

  • The tech-heavy Nasdaq Composite (^IXIC) moved up approximately 0.2%.
  • The S&P 500 (^GSPC) closed just below the flatline.

Market Sentiment and Economic Factors

  • Stocks have rebounded strongly in May, driven by better-than-expected earnings and renewed optimism regarding Federal Reserve monetary policy.
  • The Dow had notched eight consecutive daily wins before today, although the lack of significant economic releases likely played a part.
  • Recent inflation data has made investors more cautious, as they increasingly factor in the possibility of no interest rate hikes despite rising prices.

In summary, while the Dow’s winning streak came to an end, meme stocks stole the spotlight once again. Keep an eye on upcoming economic reports and central bank decisions as they continue to shape market sentiment.

Comments