From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect

WASHINGTON (AP) — U.S.-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles. The ban amounts to barely a ripple in $880 billion worth of a two-way annual trade between the two northern neighbors. But it marks another escalation in President Donald Trump’s second-term trade war with America’s longtime ally and trading partner.

Americans' view of the economy sinks to the lowest level since 2014, Conference Board survey says

WASHINGTON (AP) — Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. The Conference Board said Tuesday that its consumer confidence index tumbled 6.7 points to 81.9 in September, down from 88.6 in August. That’s the lowest reading in the board’s survey since April 2014 and below the lowest level reached during the pandemic. Respondents’ views of their present situation fell by 7.9 points to 109.3. Their short-term outlook also slid, falling 5.9 points to 63.6.

Russia's ballistic missile and jet-propelled drone blitz keeps Kyiv on edge

KYIV, Ukraine (AP) — Ukraine’s air force says Russia has fired ballistic missiles and jet-powered drones at Kyiv. The attacks are part of Moscow's strategy to pressure Ukraine through relentless bombardment. The new drones fly too fast and high for Ukraine's defenses. Ukraine is working on faster interceptor drones but development takes time. The country is also short on U.S.-made Patriot missiles which are crucial for stopping ballistic attacks. The Russian Defense Ministry said Tuesday that it targeted military data centers and other facilities in Kyiv and Odesa. Ukraine's long-range drones meanwhile have hit Russian military sites. The conflict remains deadlocked in eastern and southern Ukraine.

This year's MacArthur 'geniuses' include a musician, painter and economist all confronting history

NEW YORK (AP) — The MacArthur Foundation announced the 20 members of its 2026 fellowship class on Tuesday. The awardees will receive $800,000 over the next five years in recognition of their “exceptional creativity.” Commonly known as “genius grants,” the no-strings-attached awards aim to provide the flexibility necessary for recipients to pursue their professional visions. This year's class shows a particular interest in history. There's a philosopher using cognitive science to investigate memory and forgiveness and a poet repurposing newspaper text to probe colonial violence and Native American resilience. Kristen Mack, the vice president of communications for fellows and partnerships at the foundation, says the fellows “show us new ways to understand the world.”

The MacArthur Foundation’s ‘genius’ fellows: The full 2026 class list

NEW YORK (AP) — The John D. and Catherine T. MacArthur Foundation unveiled its 2026 class of fellows Tuesday. It's an interdisciplinary list of 20 individuals ranging from artists to scientists. The recipients will receive $800,000 over the next five years for them to spend as they please. The prize, often called a “genius” grant, is the result of a yearslong selection process that considers a wide range of recommendations. Fellows do not apply or participate in any way. Many express shock upon learning of their selection. The recognition often yields new professional opportunities on top of the monetary award.

U.S. job openings slipped to 7.1 million in August but labor market remains sturdy

WASHINGTON (AP) — U.S. employers posted fewer job openings in August,  but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran. The Labor Department reported Tuesday that U.S. job openings slid to 7.08 million from a revised 7.34 million in July. Openings came in below the 7.2 million that forecasters had expected. The department’s Job Openings and Labor Turnover Survey (JOLTS) also showed that layoffs fell and the number of people quitting their jobs — a sign of confidence in their prospects — was little changed in August.

Smart ring maker Oura puts off initial public offering due to market 'uncertainty'

NEW YORK (AP) — Smart ring maker Oura says it is postponing a planned initial public offering due to market “uncertainty.” On Tuesday, Oura said it’s delaying the IPO “despite strong demand.” Oura customers use the ring to monitor their health, including sleep patterns and fitness activity. The company gets the bulk of its revenue from ring sales, with the rest coming from subscriptions. The IPO market had a solid start to the year but tailed off in the third quarter, according to research firm Renaissance Capital. The Federal Reserve’s resumption of rate hikes and a surge in bond yields contributed to the slowdown, Renaissance said.

OpenAI delays latest model over security concerns, as industry faces new safety pressures

OpenAI says it is delaying the release of a new artificial intelligence model out of security concerns voiced by its researchers, the latest in the company’s effort to decelerate the pace of the technology’s advance. OpenAI’s decision to hold back GPT-6.1 Astra comes amid a broader push within the industry to slow the development of increasingly autonomous systems until safety measures can catch up. Monday's announcement comes a day before AI executives are set to huddle with President Donald Trump in Washington as technology companies face new pressure to be accountable for how their models can be abused. The Wall Street Journal was first to report the delay of OpenAI’s model release.

Stocks hold steady on Wall Street as oil prices ease, Treasury yields remain stable

NEW YORK (AP) — Stocks held steady on Wall Street as Treasury yields stabilized and oil prices fell. The S&P 500 index was mostly unchanged in morning trading Tuesday. The Dow Jones Industrial Average slipped 173 points, or 0.4%, and the Nasdaq composite rose 0.2%. Stocks have been under pressure as oil prices swing sharply amid the U.S. war with Iran, helping to push Treasury yields to their highest levels in two decades. The price of Brent crude oil fell 1.5% to $96.41 a barrel. The yield on the 10-year Treasury edged higher to 5.25%.

US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting

HONG KONG (AP) — The United States and China have released lists of products worth about $30 billion each that will see tariff cuts. This deal is expected to help boost bilateral trade. The announcement follows a meeting between Chinese President Xi Jinping and President Donald Trump in Washington. The U.S. had already reduced tariffs against China after Trump’s tariffs reached as high as 145% last year. China’s commerce ministry stated that the agreement will help strengthen trade cooperation. The lists, released Monday, include 1,619 U.S. goods entering China and 77 categories of Chinese goods exported to the U.S. Beijing says tariff rates on over 90% of the products will be subject to “most-favored-nation” levels, effectively eliminating country-specific tariffs.