Latest Headlines for Tuesday, August 25th.

Here are today’s top stories.

Canada and the United States remain locked in an escalating tariff standoff as President Trump’s 50% duties on roughly $20 billion in Canadian goods stay in effect and Prime Minister Mark Carney’s promised dollar-for-dollar retaliation is set to begin September 8. The dispute has become the clearest test yet of Carney’s argument that smaller economies must resist pressure from larger trading partners rather than yield to it. Source

New calculations show that nearly half of the world’s oil now comes from countries touched by active conflict, a level that has eclipsed prior energy-crisis benchmarks. Six months after U.S. and Israeli strikes on Iran triggered the largest oil-supply disruption on record, wars in Ukraine, Libya and sanctions on Venezuela continue to squeeze global supply. Read More

A Senate push for a bipartisan college sports bill addressing NIL rules, the transfer portal and women’s athletics has stalled heading into the new season, with lawmakers leaving for August recess without a test vote. Backers say the delay could cost the measure momentum compared with other legislation that secured floor time before the break. Find out More

South Carolina Republicans are voting today in a special Senate primary runoff between appointed Sen. Darline Graham and Rep. Ralph Norman to fill the seat left vacant by the death of Sen. Lindsey Graham. Graham, backed by President Trump, led the initial primary field but fell short of a majority, and the winner will be heavily favored against Democrat Annie Andrews in November. Source

The Supreme Court has lifted a lower court’s block on President Trump’s executive order tightening mail-voting requirements, ruling that the Democratic-led states that sued had done so prematurely. Justice Ketanji Brown Jackson dissented sharply, accusing the majority of injecting chaos into the election cycle by acting on what she called a bad-faith request. Source

Ten weeks before the midterms, the fight for Senate control has widened well beyond the traditional battlegrounds, with Ohio, Alaska, Iowa, Kansas, Mississippi, and Nebraska all now rated competitive. Republicans still expect most of those states to revert to form, but the fact that they remain in play has turned the map into a far more complicated chess match for the GOP. Source

Firefighters have gained ground against the Hawk Fire burning northwest of Reno, Nevada, with containment reaching 27% after the blaze destroyed at least 32 homes and forced roughly 42,000 people to evacuate. Officials say crews have stopped the fire’s advance toward the Somersett neighborhood, though damage assessments are still climbing. Source

The U.S. government has limited operations and travel to Mexicali, the capital of Mexico’s Baja California state, warning American citizens of a “potential threat” in the border city. Officials urged U.S. nationals to avoid government buildings, monitor local media and follow instructions from Mexican law enforcement. Find out More

House Minority Leader Hakeem Jeffries says he will hold President Trump and his allies accountable regardless of criticism he has faced for privately meeting with Trump’s son-in-law, Jared Kushner. Some Democrats had objected to the meeting, but Jeffries insisted no one connected to the administration would be given a pass. Read More

U.S. stocks slipped Monday as investors weighed elevated bond yields against strong corporate earnings expectations, with analysts still projecting double-digit S&P 500 profit growth this year and next. Traders are also watching upcoming results from Bank of Montreal, Dick’s Sporting Goods and several tech names due later this week. Source

Tesla raised prices on two Cybertruck variants by as much as 7%, a test of demand after U.S. sales of the electric pickup fell sharply from their 2024 peak. First-half Cybertruck sales were estimated at roughly 7,263 units following a steep first-quarter decline. Source

Diesel prices are spiking again as a long-predicted energy shock finally shows up in fuel markets, with futures for diesel running roughly $100 above crude oil prices. The surge threatens to push up costs for trucking, farming and virtually anything transported across the country, adding fresh inflationary pressure. Source

	Symbol	Last Close	% Change
Dow Jones	DJIA	$53,277.01	0.98%
S&P 500	SPX	$7,674.37	0.43%
Nasdaq Composite	IXIC	$26,180.45	0.43%
Alphabet Inc. Class C Capital Stock	GOOG	$344.59	0.83%
Tesla, Inc.	TSLA	$348.95	-3.83%
Apple Inc.	AAPL	$310.35	0.32%
Microsoft Corp.	MSFT	$487.31	0.84%

Iran says it is fully prepared to face the sweeping new U.S. sanctions that Treasury Secretary Scott Bessent announced this week, which target Iranian digital assets, gold, aviation, and shipping in an effort described as an “economic D-Day.” Pakistan’s interior minister reported progress after meeting with Iran’s president to try to revive broader talks between Washington and Tehran. Find out More

Two weeks after a 7.4-magnitude earthquake devastated western Colombia, the death toll has climbed past 329, with more than 4,500 injured and hundreds still unaccounted for. Search efforts continue in hard-hit cities including Cali and Pereira as the country works through one of its worst natural disasters in decades. Source

Israel’s defense minister has warned Turkey’s president against what he called dangerous adventurism in Syria, cautioning Ankara not to test Israel’s resolve following an Israeli strike on a Syrian airbase. The exchange reflects rising friction between the two regional powers as both maneuver for influence in post-conflict Syria. See Details

Elijah Wood and Dominic Monaghan are set to reunite for a “Lord of the Rings” retrospective marking the 25th anniversary of the film franchise. The gathering will bring together cast members to revisit the beloved trilogy for fans at a major convention appearance. Source

Simon Cowell will miss several weeks of “America’s Got Talent” while he undergoes a routine procedure related to long-standing back issues stemming from a 2020 electric-bike accident. Sources say there is no indication of a new major health concern, though it remains unclear who will fill in for him at the judges’ table. See Details

Nashville management legend Dale Morris, who built the superstar careers of Alabama and Kenny Chesney, has died at 89. Morris discovered Alabama in 1979 and later guided Chesney to become one of the top-grossing touring acts in country music history, with colleagues remembering him as a mentor who never met a dream he couldn’t build. See Details

The Cleveland Browns have named Deshaun Watson their starting quarterback for 2026 over Shedeur Sanders, putting Watson in line for his first regular-season start since tearing his Achilles in 2024. Sanders, entering his second NFL season, will serve as the backup. Source

Pete Crow-Armstrong has overtaken Shohei Ohtani as the current front-runner for National League MVP, according to the latest awards tracking heading into the stretch run. The race has tightened further as contenders’ late-August numbers shift the leaderboard across several major awards categories. See Details

Enes Kanter Freedom was ejected from his courtside seat during a WNBA game after an on-court exchange with Chicago Sky guard Natasha Cloud. The team’s head coach said afterward that Cloud should not feel like a distraction and that the organization stands behind her. See Details

Police across the UK and Ireland have had to respond to a viral AI-generated hoax showing a “Cat in the Hat” figure supposedly lurking on neighborhood streets. Officers confirmed the images and videos circulating online are fabricated, debunking claims that the character had been spotted in specific towns. See Details