Business Matters

• US averts shutdown as Democrats split over spending bill

  The US government narrowly avoids a shutdown after Democratic senators back a Republican-led spending bill, exposing deep party divisions. Was this a necessary compromise or a political defeat? Steff Chávez from the FT breaks it down.Meanwhile, gold hits a record $3,000 per ounce as investors seek stability. But who really benefits? Adrian Ash of BullionVault and Julia Yansura from FACT discuss the legal and illicit gold trade.Also, Canada’s new PM, Mark Carney, faces economic challenges, including potential US tariffs. We assess his road ahead with expert Fen Hampson.Plus, as LA’s wildfire cleanup continues, concerns grow over debris being dumped near parks and schools. Marketplace’s Caleigh Wells reports.

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• Trump threatens 200% tariff on EU alcohol

  President Trump has threatened a 200% tariffs on alcohol imported from the EU in response to the EU's plan to impose a 50% tariff on US whiskey Donatella Versace is standing down as creative officer of the luxury fashion label, Versace And carmaker Nissan says it has just completed the latest stage of an eight-year project to develop technology for self-driving cars. The BBC’s Theo Leggit went to find out more.

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• Trump tariffs stir up global retaliation

  The Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. This comes after the EU announced its own tariffs on US goods. President Trump says "whatever they charge us with, we're charging them". Rahul Tandon speaks to EU, Canadian and US businesses.Spotify paid out a record £7.7 billion to the music industry last year.And why does the internet have a memory problem?

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• Tariffs: A rollercoaster of on-and-off decisions

  Canada and the United States have each backtracked on some tariff threats amid further trade turmoil. But America still plans a 25% tariff on Canadian steel and aluminium imports on Wednesday.As the world awaits to hear if Russia will agree on a ceasefire, we hear what it could mean for Ukraine’s economy.Why is China's president pushing for the country to be a global leader of AI by 2030? And, as Manchester United plans to build a $2 billion stadium, Rahul Tandon asks can they afford it?

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• Tariffs: US economy and Canadian patriotism

  How are tariffs fuelling the decline in US markets and Canadian patriotism? US markets are down today after President Trump refused to rule out recession in an interview. The Nasdaq suffered its worst day in several years, closing down by four percent.The tariffs have also prompted a surge in Canadian patriotism. Rahul Tandon speaks to an app developer making buying local easier. And why are we talking about instant noodles?

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