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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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Wall Street Edges Higher Ahead of Key Jobs Data Revision


US stocks inched upward on Tuesday as investors treaded cautiously ahead of a closely watched revision to employment figures that could reshape expectations for Federal Reserve policy.

Futures tied to the Dow Jones Industrial Average rose 0.1%, while the S&P 500 and Nasdaq 100 each gained about 0.2%, extending Monday’s record-high levels. Economists anticipate the Bureau of Labor Statistics will cut roughly 700,000 jobs from its employment tally for the year ending March 2025 — a move that could underscore signs of a cooling labor market.

The potential downgrade has fueled speculation that the Fed will deliver an interest-rate cut at next week’s policy meeting, with debate now centering on the size of the reduction. Inflation readings due later this week — including the Producer Price Index on Wednesday and Consumer Price Index on Thursday — will further shape the outlook.

On the corporate front, Apple is set to unveil its latest devices, including the iPhone 17, while shares of Tourmaline Bio and Nebius surged over 50% in premarket trading on deal news. Earnings from Oracle and GameStop are due after the closing bell.


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