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The White House has announced additional 50% tariffs on nearly $20 billion in Canadian imports, including dairy products, beer, hockey sticks and plywood, while exempting energy and potash. Former Canadian Deputy Prime Minister Chrystia Freeland says the move undermines the USMCA and argues Canada still has leverage as a major US export market and a supplier of energy, aluminum and potash, particularly as conflict near the Strait of Hormuz pressures global fertilizer markets.

Bloomberg's Courtney Subramanian and Lisa Odenheimer say the Trump administration is using a pause in military strikes to push Iran back toward negotiations while warning that all options remain on the table if attacks continue in the Strait of Hormuz or against US allies. They say Prime Minister Benjamin Netanyahu's visit to Washington and meetings surrounding Sen. Lindsey Graham's funeral are expected to focus on Iran, regional security and the future of the proposed US-Saudi civilian nuclear agreement.

Grad PLUS loans were created in 2006, allowing graduate students to borrow up to the full cost of attendance. Total borrowing rose from about $2 billion in the program's first year to over $15 billion in 2024 25, but beginning July 1, 2026, new borrowers will face annual loan caps, leaving a funding gap for students and universities alike. Supporters say the limits will curb overborrowing and tuition growth; critics warn they could push students toward private loans and reduce access to lower-paying fields.

Africa's data centers industry is expanding rapidly as demand for artificial intelligence, cloud computing, online banking and digital services accelerates. Reliable electricity remains the biggest challenge and here's how companies are building the infrastructure to power the continent's digital future as governments push for local data storage and a stronger digital economy.

Karen Young, senior research scholar at Columbia University's Center on Global Energy Policy, says the proposed US-Saudi civilian nuclear agreement reflects broader geopolitical competition but continues to raise questions over uranium enrichment, safeguards and regional security. She says energy markets should expect prolonged volatility as disruptions in the Strait of Hormuz and Red Sea threaten exports, inventories remain depleted and negotiations with Iran show little sign of producing a lasting resolution.

University of Pennsylvania classics professor Emily Wilson says Christopher Nolan's adaptation of The Odyssey is introducing a new generation to Homer, driving a surge in book sales, library checkouts and interest in studying the classics. Wilson says diverse audiences and fresh perspectives continue to enrich the interpretation of ancient texts, while emphasizing that every translation begins with the original Greek rather than previous English versions.

New York Times Kyiv Bureau Chief Andrew Kramer says next week's expected US-backed talks offer a chance to restart stalled negotiations, but major disagreements over control of the Donbas region continue to block progress. He says Ukraine's expanding drone campaign inside Russia and shifting battlefield momentum are strengthening Kyiv's position, while President Donald Trump's increasingly supportive tone reflects changing political and military realities.

Pointed offers a strategic twist to the news quiz format, testing not just players' knowledge of the news but also their confidence in their answers. Join David Gura, Christina Ruffini and Lisa Mateo as they play and check out the quiz for yourself at Bloomberg.com

Nvidia CEO Jensen Huang says artificial intelligence is transforming the semiconductor industry as computers increasingly serve AI agents and robots, driving demand for a much larger global chip supply chain and deepening the company's partnership with South Korea's SK Group. He also says China will remain a leading AI innovator despite different constraints, while arguing that open AI models are essential for innovation, security and giving businesses greater control over their own systems.

Carnegie Endowment Vice President Corey Hinderstein says a US civil nuclear agreement with Saudi Arabia could strengthen a long-term strategic partnership but also raises difficult nonproliferation questions, particularly over uranium enrichment and the precedent it could set for other countries. She says expanding civilian nuclear power can support energy security and lower emissions, but only if accompanied by strong safeguards, international monitoring and careful controls over sensitive nuclear technologies.

Bloomberg White House correspondent Jeff Mason says the rescheduled White House Correspondents' Association dinner largely followed its original program but took place in a much smaller venue, creating a different atmosphere and prompting renewed debate about the event's future. He says President Donald Trump's remarks, including jokes about seeking another term, drew mostly restrained reactions from a room dominated by journalists, while organizers say the dinner is set to return to the Washington Hilton next year.

Austin became the fastest-growing large metropolitan area in the country during the pandemic, as remote work, corporate relocations and rapid in-migration helped push rents up roughly 25% in 2021. Austin's long-running supply strategy expanded under Mayor Kirk Watson through faster permitting, looser zoning and smaller minimum lot sizes helped add nearly 50,000 rental units across the metro in 2023 and 2024, contributing to a 19% inflation-adjusted decline in city rents from the 2021 average to 2025, even as oversupply began pressuring developers and slowing new construction.